As one of the most popular legumes in the world, black gram or urad dal has been consumed for its high nutritional value for centuries. The crop is widely cultivated in the Indian subcontinent, Southeast Asia, and Africa and is an essential ingredient in many indigenous dishes.
The market rate of black grams varies depending on several factors such as demand and supply, quality, and location. The crop is primarily grown in major black gram producing states like Uttar Pradesh, Madhya Pradesh, Bihar, Rajasthan, Maharashtra, and Andhra Pradesh. The black gram crop rate is usually higher during the Kharif season than during Rabi season.
In the domestic market, the current price of black grams ranges from Rs. 6500 to 7000 per quintal. The price may fluctuate, depending on the demand and supply of the crop. The prevailing market rate is a reflection of the black gram crop yield and its overall quality.
In contrast, the international black gram market price is affected by several global factors such as climate change, trade policies, and government regulations. The price varies, ranging from $700 to $1800 per ton. Factors such as yield of the black gram crop, weather conditions, and political instability can cause fluctuations in the international market rate of black grams.
Apart from food consumption, other sectors that contribute to the demand for black gram include the cosmetics and pharmaceutical industries. The crop is used to formulate various skincare products due to its inherent characteristic of improving the skin’s texture and complexion. Black gram is also beneficial in treating various ailments such as stroke, diabetes, and cancer.
The market rate of the black gram crop is continuously changing. Farmers and traders must keep themselves updated to make informed decisions. Agricultural exporters must be updated about the trade policies and requirements of their target markets and comply with the standards and regulations.
In conclusion, black gram is a crop that has continued to thrive over the years. Understanding the market rate of black grams is essential in making informed decisions. Farmers must continually improve their cultivation technologies and work with traders to keep up with changing market trends.