Now the paddy arrival has been started in Punjab. This year Basmati crop is more in Pan India, comparatively to last year’s paddy crop produce which will till the month of January. So sue to increase in area under Basmati crop, the price of paddy will be less and also the international scenario is not favourable because Iran is our main buyer. There are around Rs.1500 crores already stuck in Iran due to the material lying at various ports of Iran. Our second major buyer is Saudi Arabia, but there are export complications which are increasing day by day for the export to Saudi Arabia. So there is uncertainty in crop price this year and maybe farmers will get less prices for their Basmati crop as compared to last year’s crop.
India is one of the major exporters of Basmati Rice in the world. In the last two-three years due to pesticides, the residual issue that arose in many of the export to Europe has been decreased, but this year with the help of APEDA and Punjab Agriculture Department, Many of the farmers adopted controlled pesticide usage. We at our level in M/S SK Brothers also contacted a lot of farmers and convinced them to adopt controlled usage of pesticides and fertilizers. Hope this coming year our country is export to Europe will increase with the good quality crop.