Weather risks may impact jeera yield, leading to a gain in its market value

The Jeera market is displaying a complicated scenario; yesterday’s settlement at 25730 showed a significant 1.78% gain, primarily due to growing weather threats in Rajasthan and Gujarat, two important production regions. Market mood has increased due to worries that unfavorable weather conditions will impact yields. Nonetheless, this good news is offset by the fact that…

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As the current Rabi season approaches its four-year high, Jeera dropped

Jeera acreage reached a four-year high during the current rabi season, which caused jeera prices to decrease by -0.93% and settle at 25435. Due to the previous selling season’s record prices, farmers in important producing states like Gujarat and Rajasthan increased their crops. Gujarat saw a significant 160% rise in jeera agriculture, surpassing the average…

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Higher production potential led to a decrease in Jeera pricing

Cumin (jeera) saw a significant decrease, settling at 27645, down -1.21%, mostly due to improved production expectations in important cultivating states like Gujarat and Rajasthan. The amount of jeera acreage has increased dramatically during rabi season, hitting a four-year high. Encouraged by the previous marketing season’s record prices, farmers increased their land under cultivation, demonstrating…

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