High production cost, low prices dishearten Magura jute growers

Dhaka,  Tue,  26 September 2017
Published : 24 Aug 2017, 20:54:52

High production cost, low prices dishearten Magura jute growers

Panchagarh farmers make satisfactory profit
Our Correspondent

MAGURA, Aug 24: Magura jute growers are in trouble due to high production cost and low prices of the crop.

Sources said the cultivators have achieved a bumper production of the cash crop this season but the present market prices have faded away their hope of making a good profit.

A good number of growers said jute is being sold at Tk 1,300 to Tk 1,400 per maund in the local market which was Tk 2,000 last year. They said they are getting the production cost only. The farmers also accused the middlemen syndication for the situation.

Magura DAE sources said a total of 40,040 hectares of land was brought under jute cultivation with a production target of 0.48 million bales.

Abu Shahid, a grower of Abalpur village under Sadar upazila, said he cultivated the golden fibre on two bighas of land. He said high labour prices have increased the production cost this season. The grower also expressed his dissatisfaction over the present market rate.

Rajab Ali, another farmer of Nanduali village, said the local office of Bangladesh Jute Mills Corporation (BJMC) generally purchases jute from the growers at Tk 1650 per maund. But they are not able to pay cash money on their purchase due to shortage of fund. "But we poor farmers need cash. So we sell crop to the local traders", he added.

Dasharat Dey, a wholesaler of jute in Notunbazar area of the district town, denied the allegation of dominating by middlemen syndicate. He said traders cannot buy a high volume of the crop due to shortage of fund. "The BJMC yet not clear our last year's due. Low quality jute is being sold at Tk 1300 per maund while the quality ones at Tk 1,600 per maund", he added.

Assistant manager of Magura BJMC Purchase Centre admitted the allegation of the fund crisis. He said, "The corporation is not capable to pay a large amount of money."

Meanwhile, BSS adds: Farmers of Panchagarh are happy over the production of jute and its market price of the cash crop in the current season.

Local Department of Agriculture Extension (DAE) sources said farmers of the area have achieved a bumper production of jute this year. Depending on quality and varieties, jute price is now ranging between Tk 2100 and Tk 2200 per maund.

The DAE sources said jute was cultivated on 10,000 hectares of land in the district this year.

Subash Chandra, a jute farmer of Sadar upazila, said, "I cultivated jute on five bighas of land. I have earned a profit of Tk 30,000 by selling jute."

DAE official Abdulla-Al-Mamun said the government supplied adequate seeds, fertilizer and insecticides to the jute farmers to ensure a good yield of the cash crop. He said a favourable climatic condition also helped the farmers achieve the output.
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