Usually, ginger farmers in Kerala and Karnataka get a maximum price for their produce at this point in the season. Now, more than 50% of them, especially those cultivating ginger rhizomes in Karnataka, are yet to harvest their crop owing to the sharp fall in the price of the produce.
Uncertainties in the market triggered by the pandemic, overproduction and diseases are negatively affecting the crop are the major reasons for the low price for the produce, trade sources said. Moreover, there have been no enquiries for the produce from northern India after the outbreak of the pandemic.
The spot price of ginger in Wayanad on Saturday was ₹850 to ₹900 a bag (60 kg) as against ₹3,200 to ₹3,500 a bag during the corresponding period last year. The price had gone up to ₹8,000 a bag nearly three years back, which prompted many farmers to take up ginger cultivation.
[ ₹100 = €1.10 ]