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Khulna farmers frustrated at low bean prices

  • Our Correspondent
  • 20 December, 2021 12:00 AM
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Khulna farmers frustrated at low bean prices

KHULNA: A bumper production of crops usually brings smiles to the faces of producers, but the bean farmers in Paikgachha upazila of Khulna are worried as supply glut has pushed down prices to the extent that they fear they won’t be able to get their production cost by selling the vegetable.

At the beginning of the season, each kg of bean was sold at Tk 60 but in the middle of the winter, the price fell to Tk 15.

Bean cultivation has been gaining popularity in the upazila after a large number of farmers got involved considering good profit with relatively low investment.

In different parts of the upazila including Kapilmuni, Chandkhali, Deluti, Laskar, and Sholadana areas, farmers cultivated bean in the fields, house yards and the isles of fish enclosures.

The bumper production initially made them happy with prospects of handsome profit but a price fall in the local market wiped the smiles off their faces.

 Kanchan Mia of Kapilmuni village in the upazila took three bighas of land on lease and bought the total land under cauliflower and bean cultivation.

 “I hardly managed to get back my product cost due to other expenses including transportation and wages of day labourers,” he said.

Some 600 farmers in the area have been hit hard by the low price, he said.

 The situation is forcing some farmers to sell beans on credit.

 Abul Kashem, another farmer of the village, said he brought one bigha of land under bean cultivation and the production is higher than it was in 2019 and 2020.

“I took Tk fifty thousands loan on 6 percent interest. I’m devastated because of the falling price of the bean as in some cases, each kg bean is being sold at as low as Tk 10,” he said.