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Peanuts: farmers clear warehouses

April 24, 2023 at 2:13 PM , Der AUDITOR
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NEW DELHI. Due to the outbreak of the Munda disease in some warehouses, Indian farmers are now increasingly bringing their old goods to the markets. The high availability is not yet affecting export prices.

Plenty of peanuts available

After prices on the Indian peanut market remained stable last week, a slight upward trend can now be observed again. Traders report that prices increased by a total of 3% in the March-April period. At the moment, however, the conditions for further price increases are not the best, as large arrivals of the new crop are reaching the spot markets and at the same time farmers are clearing their warehouses so that plenty of old crop peanuts are also available. A reason for this is that stored peanuts can become infected with the Munda disease

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