date:Jan 06, 2016
r States, was priced at ?12/kg and the green category at ?11.
The average cost of production of a kg of pineapple is ?17, according to Baby John, a farmer who raises the Vazhakulam variety on leased land in Ernakulam and Kozhikode districts.
This implies that pineapple farmers who have taken loans will face challenges repaying them. In turn, this should impact the agricultural NPAs of banks.
Mondays prices are a far cry from the record high prices the fruit commanded a little over two year