The record
Written from the 1 report below. Nothing here is unsourced.
- Tomato prices in Kolar have crashed because of oversupply and halted exports, causing heavy losses for local farmers.
- One farmer who spent ₹9 lakh growing tomatoes on three acres has recovered only ₹1 lakh so far and has uprooted plants on one and a half acres.
- A 15 kg box needs to sell for ₹350 to be profitable, but it is currently fetching only ₹200, leaving farmers unable to even recover their investment.
What to watch next
- Whether exports resume and prices recover
- How much more of the crop farmers may destroy if the crash continues
Coverage1
1 report
Indian-language1
All filed from India
Named India · Bangladesh · Nepal · Ramesh · CMR Srinath · Kolar APMC · Prashant
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