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Mangalore: CAMPCO Announces Hike in Arecanut Rates

  •   Wed, Sep 08 2010 08:13:50 AM

Pics: Sphoorthi Ullal
Daijiworld Media Network—Mangalore (SR/CN)

Mangalore, Sep 8: Konkodi Padmanabha, president, CAMPCO Ltd, said in a press meet on Tuesday September 7 that the ARDF research team had fixed the rate of white arecanut at Rs 114 per kilo and red arecanut at Rs 148 per kilo as against the existing rates of Rs 69 and Rs 89, respectively.

The Arecanut Research and Development Foundation (ARDF) had constituted a committee to assess the production costs of two mentioned varieties of arecanut on a scientific and realistic basis in the state. Members are chosen from different parts of the state.



The meetings of this committee are held in the head office of CAMPCO, Mangalore. This committee aims to make detailed and in-depth studies of various problems and possibilities of arecanut crop in the different regions of Karnataka.

Dr G V Joshi, head of the research team, said that the 1973 Paulose Committee had researched and advised measures which are not yet practiced and said that the accounts were mismatched.

R D Shastry, chartered accountant, Ramesh Kaithaje, veteran journalist in agriculture, Dr Chandrashekhar Chowta, progessive farmer, and three other farmers were also part of the team which conducted the research.
  

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Comment on this article

  • Narayana Rai, Puttur

    Thu, Nov 25 2010

    (1)Small gorwers should be encouraged to form co-operatives (2)Co-operatives should have pool Skilled labour and allot to each farmer(3)Co-op explore possibility of Processing produce(4)Co-operatives should hedge it by future sales in Commodity exchange (5)Reduce number of traders in between farmer and ultimate consumer.(6)Product should be credited to farmer's a/c by the Co-op at the time of harvest- weight and Quality certificattion on drying/processing the product to afford correct value to the grower(7)Campco/APMCs should provide godown space to societes. (8)It should be supported by effective wharehousing finance by banks once the commodities are hedged.(9)Co-opertaives of small growers or Large farmers themselves in whose name hedging is done can be borrowers under warehouse financing.

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