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Hans India
04-06-2025
- Business
- Hans India
Sheep sales surge ahead of Bakrid
Bengaluru: As the city gears up for the celebration of Bakrid on June 7, the Chamarajpet ground in Bengaluru has once again become a bustling hub for goat and sheep sales, drawing traders and buyers from across the state. With just days left for the holy festival, the market has come alive with a wide variety of livestock, including high-demand breeds like Punjabi, Madurai, Jawari, and Ameengad sheep and goats. Prices at the market vary significantly, ranging from Rs 20,000 to Rs one lakh, depending on the breed and weight of the animal. Traders are reporting brisk business, with many buyers making early purchases to secure their preferred livestock before the festival rush peaks. Local breeds continue to attract interest, but premium non-native varieties have especially gained popularity this season. The quick turnover and rising demand have brought much-needed cheer to farmers and livestock traders, many of whom have traveled from distant districts to set up temporary stalls at Chamarajpet. In addition to livestock, the festive spirit is evident across other markets in the city. Dry fruit vendors are seeing a surge in sales at traditional hotspots like Russell Market and KR Market, where shoppers are stocking up on dates, raisins, almonds, cashews, and an assortment of sweets in preparation for Bakrid feasts. Following supply disruptions caused by the recent Pahalgam attack, dry fruit imports and trade have now resumed, restoring normalcy to seasonal business operations. With both markets and morale bustling, Bengaluru is in full festive swing, ensuring a vibrant and peaceful celebration of Bakrid 2024.
Time of India
12-05-2025
- Business
- Time of India
Arecanut, raisin prices increase by 30% due to heatwave, high demand in Bengaluru
Bengaluru: The sharp, nutty bite of arecanuts and the mellow sweetness of raisins might be a treat for the palate. However, the prices of both have surged by nearly 30%, leaving consumers with a bitter aftertaste. The price hike is primarily because of extreme heat hitting production, with the marriage season also driving up city gets its supply of arecanut from districts such as Dakshina Kannada, Uttara Kannada, Udupi, Shivamogga, Chikkamagaluru, Chitradurga, and Davanagere. Karnataka alone cultivates nearly 7 lakh hectares, producing 11 lakh tonnes annually, making it one of the top producers of arecanut in the a trader from Banashankari, said, "Prices have gone up by Rs 10-15, with the new variety now at Rs 470 per kg, because imports were stopped and local production is down by almost 30%. Supply reduced, and demand is up — just like during the Covid period, when we saw prices rise by nearly Rs 100."Mahesh Puchhappady, president of All India Arecanut Growers' Association, said, "Due to heat and less rainfall, production dropped by 50%, especially in regions like Mangaluru, where we haven't seen such losses in at least 50 years. The heat affected fruit setting and led to its drop. Smaller fruits have taken over, and with the marriage season adding to demand, prices jumped to Rs 465 per kg for the new variety and Rs 510 for the old — compared to last year's Rs 420-430 and Rs 475-485, respectively."Four-fold rise for raisins Raisins have also become significantly more expensive. The state ranks second in grape cultivation after Maharashtra, and over 70% of its raisin growers hail from Vijayapura alone. But the price of raisins has surged fourfold, thanks to reduced supply.A trader from Rajajinagar said, "Prices have touched Rs 495 per kg because the availability in the market is low. Besides, the marriage season pushed up demand." Himanshu Shah, a trader from KR Market, said, "Raisin prices have gone up because of a sharp drop in crop yield — nearly 50% less this year — especially in regions like Nasik, Sangli, and Tasgaon, driving the prices up."Mohammed Idrees Choudhury, a raisin trader from Russell Market, said, "Two months ago, raisins were selling at Rs 280 per kg wholesale. Today, it's around Rs 400, and the long variety has touched Rs 480. The demand is strong, but supply drastically fell."Other dry fruits have not spared consumers' pockets either, with cashews, dates and almonds becoming costly over the past two months. Himanshu Shah added, "Dry fruits like cashew have gone up in prices because of import issues. Most cashews are sourced locally and from countries like Benin in Africa. Dates come from Dubai, and almonds have seen a small rise because of low rainfall in California. The price per kilo has gone up by 20% for all dry fruits."
Time of India
10-05-2025
- Business
- Time of India
Erratic weather drives up vegetable costs
Vegetable prices The combined effect of unexpected rainfall and scorching summer heat has wreaked havoc on vegetable crops across Karnataka, resulting in a sharp spike in prices by up to Rs 40 per kilogram in the past week. The surge has left customers reluctant to make purchases, particularly affecting the city's lower and middle-income of commonly consumed vegetables such as beans, peas, knol-khol, cauliflower, lemon, and cucumber have seen significant increases. Additionally, the season for avarekai (hyacinth beans) has come to an end, pushing its price further upward. Coming at a time when coconut prices are already on the rise, this latest hike is a double blow to Bengaluru's common volume of vegetables arriving at major markets like Kalasipalya and Dasanapura has dropped. Heavy rainfall over the past week has led to spoilage of crops in the fields. Wholesale prices calculated per quintal have also gone up, cascading down to retail outlets at KR Market, Gandhi Bazaar, Malleswaram, and Yeshwanthpur, where vegetables are now being sold at steep said that due to the overcast conditions and irregular rain, many vegetables have failed to mature properly. As a result, crops such as green chilies, ridge gourd, bitter gourd, and cluster beans have witnessed a dip in yield. Hyacinth beans have been replaced in the market by alternative crops, which are being sold at a whopping Rs 300 to Rs 350 per kg. Even leafy vegetables such as fenugreek, amaranth and spinach are rotting due to excessive moisture, severely affecting supply and increasing market prices have also surged unexpectedly, with retail rates reaching Rs 100 per kg, up from Rs 28 just days ago. Onions are another major casualty; the recent rains have led to widespread spoilage. Farmers are rushing whatever stock they have to market. At the Yeshwanthpur Agricultural Produce Market Committee (APMC), Karnataka-grown onions are fetching up to Rs 1,400 per quintal, while Maharashtra's onions are selling for Rs 1,800. Retail onion prices hover between Rs 35 and Rs 40 per kg, with lower-grade onions and tomatoes selling for Rs 100 for a 5 kg surged sharply, with beans now retailing at Rs 80 to Rs 90 per kg, tomatoes at Rs 20, knol-khol at Rs 46, and green chilies and bitter gourd both at Rs 60. White brinjal is priced at Rs 36, purple brinjal at Rs 28, cluster beans at Rs 64, and double beans range between Rs 115 and Rs 175. Cabbage is available at Rs 22, while drumsticks are being sold at Rs 80. Among leafy greens, methi leaves are priced at Rs 85 and spinach (palak) at Rs 44 per kg.
