Better production and high imports are likely to continue to put pressure on tur prices.

15-Feb-2025 12:23 PM

This article highlights the current situation of pigeon pea (tur) production, pricing, and import trends in India.

Despite the Union Agriculture Ministry's estimate of 35 lakh tonnes of domestic production for the 2024-25 season, industry experts believe this figure may be too low.

They predict that production could reach around 40 lakh tonnes, driven by better crop quality and increased sowing areas.

The supply chain is further impacted by expected imports, with a total of 10 lakh tonnes anticipated to be imported. This includes 3 lakh tonnes from Myanmar and 7 lakh tonnes from African nations. Coupled with 1 lakh tonnes of existing stock, the total supply is projected to be 51 lakh tonnes.

However, the total consumption is expected to be only 42 lakh tonnes, resulting in an over-supply of 9 lakh tonnes, which may keep prices under pressure.

The Minimum Support Price (MSP) of tur is set at Rs 7550 per quintal, and this price is reflected in many wholesale markets, causing concern among farmers who are receiving lower prices.

Despite the government's plans to buy tur at MSP levels, the millers, processors, and stockists are also actively purchasing it.

However, if the international price of tur does not align with domestic market prices, imports may become more challenging.

Another important concern raised is that if farmers do not receive a profitable price for their tur, their willingness to cultivate it in the next season could decline, further affecting future production.