BUMPER PRODUCTION IS A BOON OR BANE FOR FARMERS
WHAT IS BUMPER PRODUCTION ?
- The term bumper crop has been used for generations to refer to an ample crop yield.
- It is also used to denote a lack of storage space such as in a barn, silo, or grain bin.
- In agriculture, a bumper crop is a large crop of agricultural produce that has been produced under optimal, yet rare, conditions, such as abundant rainfall, a mild spring, an unseasonably long summer, an unexplainable lack of pest infections, or a mild, frost-free autumn.
- The word ‘bumper’ on its own has a lesser known meaning. Bumper is often used when referring to something that is unusually large.
BOON
- A bumper crop is more of a boon than a bane to farmers.
- a bumper crop is a boon to the farmers or a blessing.
- It can be either, but, depending on the market situations and the business opportunity in certain cases.
- They grow more increase the income from sales when farmers have a bumper crop. Even so, this depends on demand availability, transportation availability and/or storage facility availability.
- When the goods of farmers reach the market in a timely manner, they are more likely to earn more returns, and it becomes a major success.
A BUMPER CROP IS NOT ALWAYS A BOON
BANE
- Trade in the farming sector happens mainly in cash.
- Given the cash shortage, farmers are forced to either accept the scrapped notes or sell the produce on credit without any documentation.
- The first few days after demonetisation were particularly bad. Vegetables were sold at throwaway prices as cash-strapped traders stayed away.
- With bumper harvests, farmers are forced to sell the stocks to middlemen for a pittance or let them go to waste.
India's sugar output seen higher than the consumption
BUMPER PRODUCTION CRISIS
Price fluctuations
in the wholesale market, speculators can save farmers from similar price fluctuations by paying a competitive price for their produce even when there is abundant supply. Grain traders, to return to our previous example, who want to hoard supply expecting higher grain prices in the future would be willing to pay a better price to farmers today. This comes not out of compassion for farmers, but purely out of competition with other grain traders. When farmers are free to sell their produce to any trader they want, it is traders paying the best price who get hold of it. Farmers can also expect a more predictable price for their produce each season, reflecting stable consumer prices, thus preventing mindless cultivation.
Such competition though is precisely what is missing from the Indian agricultural scene where the supply chain is broken. Red tape, including limits on stocking agricultural products, has prevented the growth of a robust market for commodity speculation. The result is lack of investment in infrastructure like that of cold storage; about 40% of agricultural produce in India is wasted because of it. This, in turn, has led to price fluctuations that have affected both the farmer and the consumer. Wholesale agricultural prices are determined by trader cartels that block competitive bidding. This significantly reduces the price farmers can get for their products, while boosting the profits of some privileged traders. By some estimates, farmers receive only 20-25% of what the final consumer pays for his product. Thus, a free market in agriculture can be the best antidote to the crisis facing Indian farmers
OBJECTIVES
MSP is a price fixed by government of india to protect the farmers against excessive falls in prices during bumper production , years the major objectives are to support the farmers from distress sales and to produce food grains for public distribution , MSP is the minimum support price at which the government guarantees the farmers to purchase the crop no matter what the price the MSP is announced at the beggining of the agriculture . The MSP is now applicable on 23 farm commodities: 7 cereals (paddy, wheat, maize, bajra, jowar, ragi and barley), 5 pulses (chena, arhar, moong, urad and masur), 7 oilseeds (groundnut, soyabean, rapeseed-mustard, sesamum, sunflower, nigerseed and safflower) and 4 commercial crops (sugarcane, cotton, copra and raw jute).
WHAT ARE THE EFFECTS ON VARIOUS STAKEHOLDERS OF THE BUMPER PRODUCTION
- Agricultural marketing in India involves two major stakeholders, on one end, it’s the farmers and on another, the consumers.
- Consumers may include end consumer, processor, retailer and somehow the exporter. Intermediaries and the other entities in the chain enable movement of goods and carry out other supportive activities.
- the main reason of buyers remain dependent on middlemen. They add more cost and add a little value which ultimately raises the price.
- The complexity of agricultural land use and food production systems also means that many different organisations have commercial or regulatory interests in farming and its possible health effects. All these need to be considered as potential participants in the assessment.
ADVANTAGES
ADVANTAGES
- bumper crop production is a symbol of productive harvest
- bumper production is associated with wealth as the farmers earns a lot of profit
- bumper crop not only benefits the farmers but the consumers are also benefited as the crop is available in plenty
- also the price of the crop reduces due to the increased availability of the crop
DISADVANTAGES
DISADVANTAGES
- problems related to insufficient storage place
- problems of being infected by rats insects like cockroaches pets tick mites etc
- problems of crops being destroyed due to problem in transformation
- problem of crops being destroyed by disasters like flood rain and etc .
FARMERS PROBLEM
- Farmers are the worst hit due to the corona virus lock down, unable to harvest crops and sell the harvested produce in the market.
- The dairy farmers of Assam and Karnataka; and vegetable, fruit and flower growers of Tamilnadu, Maharashtra, Punjab, Haryana and West Bengal have left their produce rotting in fields or dumped on the roadside
- The fall in the income or revenue of the farmer as a result of the bumper crop is due to the fact that with greater supply the prices of the crop decline drastically and in the context of inelastic demand for them, bring about fall in the income of the farmers
- An increase in their supply tends to lower their price.
- The lower price does not increase the demand for it as per the law of demand or a normal price-demand relationship. Thus large harvest tends to bring low revenue to the farmers.