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1 Quintal Arecanut Price | Today Arecanut Price in Channagiri
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Arecanut Price Today | Adike Rate Today Channagiri
Arecanut, also known as betel nut, is the seed of the areca palm (Areca catechu), native to India and other South and Southeast Asia. It is widely grown for its commercial value, and the nut is often chewed for its stimulant effects. In some cultures, areca nut is used in traditional medicine and as a natural mouth freshener.
It is also a major cash crop in many countries, including India, where it is grown in the state of Karnataka, among other places. In the town of Channagiri, located in the Davanagere district of Karnataka, areca nut cultivation is an important part of the local economy.
Channagiri Arecanut Market
Variety: New Rashi, Old Rashi, And 2nd Bette
Price: Per 100. kg
Daily Update Channagiri Adike Rate
01/04/2023 | Market | Variety | Minimum Price | Maximum Price | Modal Price |
CHANNAGIRI | Rashi | 43179 | 46100 | 44983 | |
CHANNAGIRI | 2nd Bette | 33600 | 36200 | 34506 |
Arecanut is the fourth most important cash crop in India, after rice, wheat, and sugarcane. It is grown in an area of about 1.4 million hectares in the country, with the states of Karnataka, Kerala, Tamil Nadu, and Andhra Pradesh being the major producers.
The areca palm has a life span of about 25-30 years and can reach a height of up to 20 meters. It begins to bear fruit after 3-4 years, and the nuts can be harvested twice a year.
The cultivation of areca nut is an important source of income for small and marginal farmers in India, and it plays a significant role in the economy of Channagiri and other towns and villages where it is grown. However, the cultivation of areca nut also has its challenges, including the risk of pests and diseases, fluctuating market prices, and the labor-intensive nature of the work.
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