Marketing Fed to participate farmers in online commodity trading

Hyderabad, May 10 (UNI) The Andhra Pradesh State Cooperative Marketing Federation will enable farmers to participate in the online commodities trading in a big way to realise better price for their produce, its Chairman P Prabhakar said today.

Highlighting the steps taken up by the apex institution for market intervention in the state, he said farmers would be provided training to analyse the market trend so that they could trade in the National Commodities Exchange and get a remunerative price for their commercial produce.

The Rajiv Internet Kiosks would be used to provide information on market prices of farm products.

From this coming khariff, Andhra Pradesh Markfed would provide fertilisers and other inputs directly at the doorsteps of the farmers, he announced at a press conference here.

Agro-processing units would be set up to provide value addition to maize and turmeric during the golden jubilee year of the organisation this year, he informed.

It proposed to enter into an MoU with its Kerala counterpart and major temples in the state for supply of red chillies, paddy or rice, and pulses on continuous and long term basis.

With assistance from the Centre, it proposed to construct 50 godowns in the state. Bufferstock of potato would be maintained in cold storages to ensure better prices for both farmers and to consumers, he said.

Following the successful procurement of maize through women SHGs the Federation would involve them in procurement of pulses and other agriculture commodities too, he added.

UNI