India, Jan. 21 -- Farmerand's registration for tur purchase on MSP in Karnataka started today. Purchase is likely to commence from 1st Feb-2020 at 6100 per qtl. including bonus of Rs 300per qtl.If govt.starts procuring tur from first week of Feb, arrival in open market may decline and it may support cash market at current level.Recovery is expected to some extent.As of now supply side is ample and arrival is expected to increase in other states too.Govt has planned to procure around 5.5 lakh MT tur this year on all India basis. With opening of weather moisture level in new tur would decrease.
Published by HT Digital Content Services with permission from AgriWatch....