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Indian Farmers Hold Their Stock as Fennel Production Drops
Fennel Harvest Faces Challenges, But Prices Hold Ground
The new fennel crop is set to arrive from Rajasthan, Gujarat, and Madhya Pradesh. However, widespread concerns about lower yields have prevented older stock from losing much value. Even as fresh arrivals begin, prices may not remain at current levels, making this season unpredictable.Lower Sowing and Unstable Weather Impact the Crop
Farmers have seen little price growth this season, while traders have endured steep losses. This discouraging trend led to significantly reduced fennel sowing, with many traders cutting their stock levels early.Despite older stock still being available in key hubs like Unjha, Bikaner, and Barmer, unfavorable weather conditions have created concerns about productivity per hectare. In Gujarat, higher temperatures arrived earlier than usual, threatening crop yields. Rajasthan’s Barmer-Jodhpur region and Madhya Pradesh’s Neemuch-Ratlam belt experienced delayed winter, inadequate rainfall, and an early summer, all of which negatively impacted the fennel harvest. In Uttar Pradesh, where fine fennel is grown, a premature heatwave further slowed plant growth.
With these factors at play, market estimates suggest that fennel production could drop by 27–28% this season.
Traders Hold Back as Demand Remains Steady
Even as production declines, demand for fennel—especially in the pickle and spice industries—has increased by 7–8%. However, with many farmers and traders holding onto their stock, the market is moving cautiously. Those who previously stocked large quantities are now weighing their selling decisions carefully, hoping for better price movement ahead.Current Fennel Prices in Key Markets
- Coarse fennel: USD 0,93–0,99 per kg
- Fennel that was previously USD 1,27–1,28 per kg has now fallen to USD 1,09–1,15 per kg.
- High-quality thick fennel: USD 1,57–1,63 per kg
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