As we approach the end of 2019, farmers and growers in India are already looking ahead to the market forecast for tomato and bhendi in 2020. The Tamil Nadu Agricultural University (TNAU) has released its DEMIC (Decomposition of Market Forces for Indian Crops) forecast rate for these two popular vegetables.
Tomatoes are a staple in most Indian households, and the crop is one of the most widely cultivated vegetables in the country. The DEMIC forecast rate for tomato for 2020 shows a positive outlook for growers. It has been estimated that the production of tomatoes in India will increase by 3.9% from the previous year, with the total output expected to reach 22.2 million tonnes. This growth in production will be driven by an increase in cultivation area, a better yield per plant, and favorable weather conditions in key growing regions.
With the increase in production, the price of tomatoes is expected to remain stable in 2020. However, growers need to keep a watchful eye on the changing demand-supply dynamics and changes in consumer preferences. The demand for processed tomato products, such as ketchup and sauces, is increasing in India, and this presents an opportunity for growers to tap into this market. Additionally, the rise of e-commerce and online grocery stores has made it easier for consumers to buy fresh produce directly from growers, which can help farmers to bypass middlemen and receive better prices for their crops.
Moving on to bhendi, or okra, the DEMIC forecast rate for 2020 is also positive. The production of bhendi is expected to rise by 5.4% compared to the previous year, with the total output estimated to reach 6.4 million tonnes. This growth in production will be driven by better weather conditions and a favorable pest situation in key growing regions.
The price of bhendi is expected to remain stable in 2020, thanks to the increase in production and stable demand from consumers. However, as with tomatoes, growers need to stay informed about changes in demand, consumer preferences, and the supply chain to ensure they receive a fair price for their crops.
In conclusion, the market forecast for tomato and bhendi in 2020 is positive for growers. The increase in production is good news, but growers need to remain vigilant and keep an eye on changes in demand and supply dynamics to stay ahead of the game. With the rise of e-commerce and online grocery stores, growers can also explore new sales channels to bypass middlemen and increase their revenue.