Value destruction: UP farmers gift potatoes to cold stores | The Indian Express

Over 30% of old crop still to be sold even as plantings for new season nears completion.

“For about a month before notebandi happened on November 8, potato was selling at Rs 500-700 per bag of 50 kg (or Rs 10-14/kg). By the month-end, prices had crashed to Rs 300-350 and further to Rs 175-225 during February-March, when the new crop was being harvested. And strangely, they haven’t recovered from those levels, even as the season is over and planting of the next crop is almost complete,”

Source: Value destruction: UP farmers gift potatoes to cold stores | The Indian Express