Banana farmers not benefited despite price hike in local market

Banana farmers in Nepal's Kailali and Kanchanpur districts are calling for government intervention, stating they are not reaping the benefits of increased banana prices in the retail market. The farmers report selling their produce for Rs 60 to Rs 65 per dozen, while consumers are charged significantly more.

At a press conference organized by the Banana Producers' Association, farmers highlighted the disparity and urged for stronger market monitoring to curb black marketeering, artificial shortages, and price gouging. They expressed confidence that the government's recent ban on banana and sapling imports from India would boost domestic production, protect farmers' interests, and enhance food security.

The associations also released a price list for raw bananas, outlining expected prices per dozen through February. Prices are set to range from Rs 55-65 until mid-October, Rs 45-50 until mid-December, and Rs 30-35 in January and February. Future pricing will depend on production levels, market conditions, and supply-demand dynamics.

Banana farming is a significant agricultural activity in Sudurpaschim Province, covering approximately 2,000 hectares and yielding about 72,000 metric tons annually. The farmers' plea underscores the need for fair market practices to ensure they receive equitable compensation for their produce.

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regular market monitoring would help control black marketeering, artificial shortages and unusual price hikes, ultimately benefiting both farmers and consumers.