Onion Farmers Not Recovering Even Half Their Costs
Pabna's onion farmers say current market prices do not cover even half their production costs, leaving them facing losses of around Tk 50,000 a bigha.
Pabna's onion farmers say current market prices do not cover even half their production costs, leaving them facing losses of around Tk 50,000 a bigha.
About 50 farmers in Birganj, Dinajpur, have made lakhs of taka growing onion seed, but every year they are forced to sell to a traders' syndicate at low prices.
Onion farmers in Shariatpur had a good crop this year but are losing money after buying expensive seed and finding low prices at market.
Farmers in Mujibnagar, Meherpur, formed a human chain and scattered onions on the road to demand a fair price for their crop.
Manikganj's murikata onion farmers had a bumper yield but are losing money as prices have fallen well below production costs.
Farmers across Manikganj are working from dawn to dusk to plant hali onion seedlings, though some fear losses if onion prices do not rise.
Pabna farmers growing the new summer onion variety BARI-5 expect 150 to 200 maunds a bigha at low cost, a crop that could ease the country's summer onion shortage.
Farmers whose incentive onion seed failed to germinate this season have been given replacement seed, some of it imported urgently from abroad.
Encouraged by last year's prices, Manikganj farmers are planting more onions this season, though doubled costs and a bigger crop have them worried about prices.
Onion prices in Dhaka have reached Tk 100 a kg and potatoes Tk 65, while green chillies remain expensive at Tk 260-300 a kg.
Onion prices in Rangpur fell by Tk 25-30 a kg in two days on news of imports from India, and egg and chicken prices eased too.
Prices of broiler chicken, beef and sugar that rose before Eid have not come down in Dhaka, and potatoes and onions have become dearer since.
Winter vegetables are plentiful but expensive in Dhaka's markets, while broiler and Sonali chicken prices have fallen further over the week.