# Low price of jowar crushes farmers - The Hindu

> Red jowar sorghum prices in Nizamabad, Andhra Pradesh, have fallen from 4,800 rupees per quintal last year to 2,100 this year after a bumper harvest. Farmers allege trader cartels are rigging prices and are asking the government for a minimum of 4,000 rupees.

- Date: 2017-03-02 · published 2017-03-02T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/72084-low-price-of-jowar-crushes-farmers-the-hindu
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

A large Indian harvest and weak local prices reflect surplus domestic supply that is unlikely to move world sorghum prices, though it adds to the global feed grain glut.

## Read by commodity

- SORGHUM: bearish ▼

## Sources

- thehindu.com: https://www.thehindu.com/news/national/telangana/low-price-of-jowar-crushes-farmers/article17396678.ece1

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.