Procurement of tur at the minimum support price (MSP) under the Central government's Price Support Scheme (PSS) scheme will start from in Maharashtra from next week.
SK Singh, Additional Managing Director of the National Cooperative Marketing Federation (NAFED), stated that online registration for farmers will begin on Monday.
Singh, who had come to Mumbai to take stock of the preparations said the production of tur is expected to be around 10.87 lakh tonnes, and the procurement target in Maharashtra is set at around 2.71 lakh tonnes.
"We had a meeting with the state government and state-level agencies to take stock of the situation. It was determined that online farmer registration would begin on Monday," he stated.
The arrival of tur in Maharashtra's wholesale market has yet to begin, while some arrivals have been reported in Latur's wholesale market.
However, the outlook for farmers does not look very optimistic, with dealers predicting that prices would not exceed the minimum support price (MSP) of Rs.6300 per quintal.
Most traders at Latur’s market — the price setter for this crop in the country — said prices would be around Rs.5500-5600 per quintal most of the season.
Most traders at Latur's market, the country's price leader for this crop, predicted prices would be around Rs.5500-5600 per quintal for the most of the season.
MahaFPC, the umbrella body of Farmers Producers Companies (FPC) in the state, has been given the target of procuring 75,000 tonnes of tur. According to Yogesh Thorat, Managing Director of Maha FPC, they intend to procure through 394 procurement centers in over 4,000 villages.
