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The recent heavy rains in North Karnataka have had a devastating impact on the region's onion crops, causing widespread damage and financial distress for farmers. The Kharif onion crop, which is typically harvested during the monsoon season, was particularly vulnerable to the prolonged rainfall. As a result, onion production has significantly decreased, leading to shortages in the market and a subsequent surge in onion prices.
The impact of the heavy rains on onion production is evident in the reduced arrivals at the Hubballi APMC (Agricultural Produce Market Committee). Wahab Mulla, an onion merchant, reported that the number of trucks carrying onions to the market has drastically reduced, indicating the scarcity of the crop. This shortage has driven up demand for onions, pushing prices to record highs. Good quality onions are now being sold for Rs 4500 to 6000 per quintal at APMCs, a significant increase from the previous year's maximum price of Rs 2500 to 4000.
The price increase is not limited to high-quality onions. Even medium and low-quality onions are fetching higher prices due to the shortage. Local markets are also experiencing rising prices, with good quality onions selling for Rs 50-60 per kg and expected to reach Rs 80 to 100 per kg in the coming days. This price hike is a direct consequence of the reduced supply and increased demand caused by the rain-damaged crops.
The situation highlights the vulnerability of farmers to weather-related events. Many farmers have suffered significant losses, with some reporting only 10 to 20% of their expected yields. The financial burden on these farmers is substantial, as their livelihoods are directly dependent on their crops. To alleviate the financial distress of affected farmers, the Karnataka State Onion Growers Association has called for government compensation of Rs 30,000 per farmer who has experienced crop losses. The government's response to this request remains to be seen, but it is crucial to provide support to these farmers who have been hit hard by the adverse weather conditions.
Source: Onion Prices Skyrocket After Heavy Rain Devastates Crops in North Karnataka