turmeric

[krahul]

Sir,plzz can i know about TURMERIC cost in future.im from andhrapradesh and i want to know the cost here in andhra.

 

[vishwakarma]

Sir,plzz can i know about TURMERIC cost in future.im from andhrapradesh and i want to know the cost here in andhra.

Hello,

Cost of the turmeric will depend on demand and supply as a rule.

And looking at past and present trend, the market price will increase further.

The reason is that, the turmeric consumption / demand is increasing at rate more than, the rate at which turmeric cultivation / production is increasing.

This is resulting in the increase in the demand supply gap.

In fact this is happening in all the agriculture & food products.

Please have look at some information that I came across while surfing internet to find out the future trends in agriculture & food sector.

Regards

MRC

============

The UN predicts that by 2050, the world population will have grown by 50 per cent. Growing the food to feed nine billion people will place enormous pressure on the Earth, eroding soils, denuding forests and draining rivers. Climate change will make all that worse. Oil prices will continue to rise, and with them the cost of fertiliser and tractor fuel. Demand for biofuels would further cut land available for food crops. The 2007/8 price crunch might just be a foretaste of something worse. The times of plenty are already over. Next, there might not be enough food to go round, even for those with lots of money.

The clearest public sign of that came in June when, just before the meeting of world leaders at the G8 in Italy, the Japanese prime minister, Taro Aso, asked: “Is the current food crisis just another market vagary?” He replied to his own question: “Evidence suggests not; we are undergoing a transition to a new equilibrium, reflecting a new economic, climatic, demographic and ecological reality.”

Veteran speculators such as George Soros, Jim Rogers and Lord Jacob Rothschild are snapping up farmland right now. Rogers – who between 1970 and 1980 increased the value of his equities portfolio by 4,200 per cent, and who made another fortune predicting the commodities rally in 1999 – last month said: “I’m convinced that farmland is going to be one of the best investments of our time.”

The environment is another major worry in many of the great rash of land deals. Growing food crops in huge plantations is dominated by large-scale intensive monoculture production using large quantities of fertiliser and pesticides. The results are spectacular at first – which might satisfy the yen of the outside investors for short-term profit. But it risks damaging the long-term sustainability of tropical soils unsuited for intensive cultivation and can do serious damage to the local water table. It reduces the diversity of plants, animals and insect life and threatens the long-term fertility of the land through soil erosion, waterlogging or increased salinity. The intensive use of agrochemicals could lead to water-quality problems.

=================