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Production, Export and Price Behavior of Fenugreek in India Meena Murlidhar*, Meena S.S., Shivlal, Meena R.D., Choudhary Narendhra ICAR-National Research Centre on Seed Spices, Ajmer-305 206, India *E-mail: meenamurlidhar@gmail.com
Online Published on 20 February, 2024. Abstract The area under fenugreek cultivation has shown an undulating trend in India in the last two decades. There are various price and non-price factors that play a role in determining the area under a crop. This study analyzed the area, production, productivity and export of fenugreek in India from 1980-81 to 2020-21, using exponential growth function and instability analysis. Daily market prices and arrivals in major markets in Rajasthan, Gujarat and Madhya Pradesh were analysed employing the central moving average from 2007 to 2021. Multiple linear regression was employed to determine the influence of price on its area. The fenugreek production and export increased at CAGR of 5.37 and 7.37 percent per annum, respectively. Productivity was comparatively more consistent than area and production. Prices in studied markets increased significantly.Anegative correlation between prices and arrival was observed. There was a significant influence of producer prices on the area harvested. Price and export promotion policies will encourage farmers to put the additional area into the cultivation of fenugreek. Top | |
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