Business Standard

After wild swing, jeera prices fall 22% on hopes of higher output

Prices jumped 140% till Jan; farmers expect a repeat as heat wave, shift to other crops may keep output down


Sanjeeb Mukherjee New Delhi
Jeetendra Ahir, a native of Chobari village in Bhachau taluka of Gujarat’s Kutch district, is worried that the heat wave being witnessed over parts of western India might lower the yield of his standing jeera (cumin seed) crop.

One additional concern for Ahir is the fact that jeera prices, which shot up by over 90 per cent in 2022, before hitting a record high of Rs 37,990 a quintal on January 16, 2023 because of low output, have fallen about 22 per cent since then to below Rs 30,000 a quintal because of fresh arrivals. 

However, Ahir feels this (the

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First Published: Feb 22 2023 | 8:32 PM IST

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