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Peanuts: growers switch to rapeseed cultivation

April 3, 2023 at 2:24 PM , Der AUDITOR
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NEW DELHI. Due to water shortage prevailing in the growing areas, more and more Indian peanut farmers are switching to more frugal agricultural commodities like rapeseed. This is likely to have a noticeable impact on the 2023 production.

Good business for farmers

Indian peanut prices have been holding in a stable range for several weeks now, showing a slight upward trend of USD 10/mt compared to last week. Demand is weak down to the retail level and the financial year has just come to a close, so it is mainly the low arrivals that are supporting prices. Oil mills are now increasingly buying directly from growers, who still have about a quarter of the old stocks and can therefore offer good prices. It is also advantageous for the farmers themselves to sell their peanuts now, as temperatures are predi

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