agribazaar
November 15, 2021
Sowing period: June to July
Harvesting period: November to February
Crop season: Kharif
Key growing locations for Tur:
- Maharashtra -Amarawati, Wardha, Vashim, Latur, Buldhana, Akola
- Telangana -Adilabad, Warangal, Karimnagar, Nalgonda
- Karnataka -Gulbarga, Raichur, Bidar, Bijapur
- Madhya Pradesh -Raisen, Sehore, Hoshangabad, Narsinghpur
- Gujarat-Junagarh, Rajkot, Dahod
- Uttar Pradesh – Kanpur, Hathras, Hardoi, Agra
Production trend and Stock position:
- As per the Ministry of Agriculture first advance estimate released on September 21, 2021, Tur production for 2021-22 was 4.43 million metric tonnes (MMT) compared to previous year which was 4.28 MMT, up by 3.50 percent
- According to Directorate General of Commercial Intelligence and Statistics (DGCIS) India’s Exports of Tur in 2021-22 (April – August) stood at 8,451.41MT and valued at ₹ 74.22 crores whereas India’s Import of Tur for the same period stood at 1.45 LMT valued at ₹ 858.87 crores
- Crop condition of Tur has been good so far and production may increase from the normal expectation in major growing states including Maharashtra and the recent rains may boost up yield for the late shown crop
Monsoon Update
For the country as a whole, cumulative rainfall during this season till October 29, 2021 is above Long Period Average (LPA) by 38 percent. Details of the rainfall distribution over the four broad geographical regions of India are given below:
Market commentary: Price outlook
- The Government had increased the Minimum Support Price (MSP) of Tur for next season by 5 percent to ₹ 6,300 per quintal for marketing year (MY) 2021-22 compared to ₹ 6,000 in the corresponding period
- Tur prices are likely to trade range bound in the immediate / short term because the supply side is good with incoming import and good crop condition till date which would not allow a spike in the Tur prices
- Overall prices of Tur have bene trading below MSP
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