Prices of major khariff crops such as maize, gingelly, groundnut and small onion were likely to remain stable and based on which farmers can take their sowing decision during the South-West Monsoon period (khariff or Adipattam in Tamil Nadu), the Tamil Nadu Agricultural University said on Sunday.
The forecast was based on the econometric analysis carried out by the Domestic Export and Market Intelligence Cell (DEMIC) of the university, a release said.
The analysis on maize revealed that the prices will rule around Rs1,100-1,150 a quintal during the arrival season in October-December.
Good export and domestic demand will help the price to rule around a minimum support price of of Rs 980-1,175 a quintal for khariff 2012-13, recently announced by the Centre.
Gingelly
On gingelly, DEMIC analysed 12 years historical prices in Sivagiri Regulated Market, which revealed price of red gingelly is expected to be stable around Rs 5,500-5,800 a quintal, at harvest in September to October.
Small onions
Based on the analysis of small onion (shallot), the price is expected to be Rs15-18 a kg during harvest in September-October, based on which farmers could take their sowing decision.
On groundnut, the analysis revealed farmers can get prices of Rs 46-48 a kg of groundnut kernels for oil extraction purpose, during the harvest period of Oct-November and advised to go for groundnut sowing in khariff.