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Gujarat: Fennel Supply Tightens as Sowing Levels Hit Multi-Year Low
Fennel Sowing Drops Sharply in Gujarat Due to Low Market Prices
Fennel sowing in Gujarat has taken a significant hit this season, declining by 57.05% compared to the same period last year, according to data from the State Agriculture Department. Farmers across Gujarat’s key fennel-producing regions have reduced sowing drastically, citing low market prices as the primary reason. This sharp reduction reflects the economic pressures faced by growers and raises concerns about the supply of fennel in the coming months.Sowing Levels See a Dramatic Drop
As of January 13, 2024, fennel sowing in Gujarat has reached just 57,200 hectares, far below the 1,33,200 hectares recorded during the same period in 2023. This represents a reduction of 76,000 hectares, a significant decline that highlights farmers’ reluctance to grow fennel amid poor price prospects.When compared to the three-year average of 73,677 hectares, the current season’s sowing is down by 22.36%, or 16,477 hectares. Such a decline not only underscores the impact of low market prices but also signals a potential tightening of fennel supply in the months ahead.
Regional Breakdown of Sowing Declines
The reduction in fennel acreage is evident across all major growing regions in Gujarat:- Saurashtra:
- 2024: 30,400 hectares
- 2023: 93,100 hectares
- Decline: 62,700 hectares (66.91%)
- North Gujarat:
- 2024: 18,100 hectares
- 2023: 25,600 hectares
- Decline: 7,500 hectares (29.29%)
- Kutch:
- 2024: 6,500 hectares
- 2023: 11,000 hectares
- Decline: 4,500 hectares (40.90%)
- Central Gujarat:
- 2024: 2,200 hectares
- 2023: 3,500 hectares
- Decline: 1,300 hectares (37.14%)
Key Reasons for Reduced Sowing
The primary driver behind the reduction in fennel sowing is unattractive market prices, which have discouraged farmers from planting fennel this season. Many growers have shifted to alternative crops that offer better profitability. Additionally, fluctuating demand and higher input costs have made fennel cultivation less viable, especially for small and marginal farmers.Conclusion
The significant reduction in fennel sowing across Gujarat highlights the challenges farmers face in responding to market-driven decisions. While the current situation may benefit farmers holding existing stocks, the long-term implications of reduced supply could affect the broader market. As fennel acreage hits a multi-year low, tighter supplies and possible price adjustments are expected to shape the market in the months ahead.Click here to reach our trading platfrom CMBroker
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