Coleus Cultivation Delay in getting Payment .. How is demand of COLEUS in 2013 ???

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R

rame123

Member
Hi
we are cultivating coleus under contract with MGP from attur salem. they have taken our tubers from farm ... BUT
more than a month NO PAYMENT in sight.. even today i called up their local representative only to get ready stock reply... we will pay you this week... what is your opinion with other companies... How is demand scenario for 2013 - 2014

thanks
ram
 

K

kirti s

Well-Known Member
hello si
Harvesting the crop at 180 and 160 DAP records significantly higher B: C ratio (3.17 and 3.07, respectively), and gross (Rs.76,188 and 73,438/ha, respectively)and net returns (Rs. 52,279 and 49,609/ha, respectively).
 

R

rame123

Member
Hi kirti s
thanks for ur reply...
how much is the yield of tubers per acre and price per kg pl....
thanks
ramesh
 

pioneeragri

pioneeragri

Senior Member
Contact us for genuine guidance and buyback of medicinal herbs and aromatic oils. We provide payment immediate before dispatch of the consignment from the farmers' fields. Please contact us via private message or our company Email id mentioned below. It is difficult for us to visit the forum on daily basis and track responses against our posts.
 
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padmanabhan_ganesan

Senior Member
rame123 said:
Hi
we are cultivating coleus under contract with MGP from attur salem. they have taken our tubers from farm ... BUT
more than a month NO PAYMENT in sight.. even today i called up their local representative only to get ready stock reply... we will pay you this week... what is your opinion with other companies... How is demand scenario for 2013 - 2014

thanks
ram
Click to expand...
Hi Ram,

The same thing has happened to Sugarcane farmers as well in TN. You are creating a situation wherein you are dependent on a single customer in this case a company and that too providing him your goods on credit.

If you want to avoid this in future, you should not go for contract farming and also choose the end products in such a way that it is easily saleable in the market. If you do not do this, the chances of exploitation will be more as more and more people move towards contract farming.

Regards
Padmanabhan Ganesan
Agriculture for Everybody
 

R

rame123

Member
Hi
Now we got payment in full.. thank god.. we entred in to contract farming w only after careful consideration of all aspects and this company is doing th cultivation for the last 10 yrs or so with good track record.. he took one month for payment this time... the problem with the company is they are not telling the actual problem.. instead they say next week.. next week.. some excuse.. givng room for suspicion. now it is ok... thank you all

regards
ram
 

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