Wholesale price of cabbage may hit Rs550/ quintal in 2016: Scientists

Published on: 

Scientists of Agricultural Economics Department of College of Agriculture of Pantvarsity have forecasted wholesale price of cabbage in the range of Rs500 to 550 per quintal during January to March 2016. The forecast has been made under a NPMI Project, ‘Network Project on Market Intelligence’ which is under operation in the department. The main objective of this project is to release price forecasts of selected agricultural commodities before sowing and during harvesting. The project member, Rojani Mishra, of Pantnagar center under the supervision of Principle Investigator, Dr Anil Kumar, had conducted market survey of Haldwani Regulated Market, a major market for cabbage in Uttarakhand, and analyzed the wholesale price data which prevailed for the last ten years.

The econometric analysis indicated that the wholesale prices of cabbage in Haldwani market would be ranging between Rs500 and Rs550 per quintal from January to March 2016. This forecast is based on past data and model and the actual market price may not turn out to be the same as forecasted.

Scientists have advised farmers to take decision of sowing cabbage according to price forecasted.

In Uttarakhand cabbage is sown in Mar./Apr. in high hills and in October in valley, tarai and bhabhar region. The arrival of newly harvested crop from tarai and bhabhar regions starts from January and lasts till mid-April

Daily Pioneer
dailypioneer.com