The potato capital of Gujarat - Deesa is facing acute price crisis with cost of the vegetable dipping to the lowest in a decade.
The potato growing farmers and wholesale merchants are crying hoarse over the excess supply of potato from Agra, which has led to fall in prices, reported dnaindia.com.
It is believed that the Deesa potato market is staring at a loss of Rs400 crore. But this has not affected prices in the retail market.
Ganpatlal Kachchhava, president of Deesa Cold Storage Association said, "Nobody is ready to buy the vegetable even at a price of Rs3 per kilogram. This will spoil our Diwali. Favourable weather conditions have ensured a bumper potato crop here and also in Agra region. Deesa has around 72 cold storages, which is the maximum in the state. 1.50 crore bags of potatoes (each bag has 50 kg) are stored in Deesa."
The food business is hugely dependent on consumer demands. Andre Erasmus examines some changes in the #cooking fiel… https://t.co/MklYhdLBkV
.@AHDB_Potatoes' first provisional estimate of total production in GB for the 2016 crop year is 5.22 million tons… https://t.co/ObUrB3sLza
Asia-Pacific Is the Fastest-growing Region in the Industrial #Starch Market, according to @marketsmarkets… https://t.co/fVYO9xUnsz