What Goes Into an Outlook? Notes on Commodity Prices in Indian Agri-Markets

CASI Seminar
Mekhala Krishnamurthy
Associate Professor, Department of Sociology, Shiv Nadar University
Center for the Advanced Study of India
3600 Market Street, Suite 560 (5th floor)
University of Pennsylvania
Philadelphia, PA 19104

About the Speaker:
Mekhala Krishnamurthy is an Associate Professor in the Department of Sociology, Shiv Nadar University (SNU). Over the last decade, her research, policy, and professional engagements have involved work across a number of field sites and subjects, including women’s courts and dispute resolution, community health workers and public health systems, agricultural commodity markets and regulation, and rural development, livelihoods, and land acquisition. She is currently completing a book manuscript that traverses three decades of transformation in the social, economic, and political lives of an agricultural market (mandi) town in the central Indian state of Madhya Pradesh. Dr. Krishnamurthy earned her Ph.D. from University College London (UCL) and was a CASI Postdoctoral Research Fellow from 2010-12.

About the Lecture:
The economic and political volatility of India’s agricultural commodity prices is as well-known as it is little understood. But this relationship, between material urgency and conceptual ambiguity, is at the very heart of how markets for agricultural produce work and are experienced every day. Perhaps nothing exemplifies this better than the matter of price. Drawing on multiple seasons of ethnographic fieldwork in an agricultural market in central India, Dr. Krishnamurthy will illustrate this relationship and its effects through a close look at a global commodity (soybean) and the making and manifesting of its post-harvest price in regional and local markets in India.

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The Nand & Jeet Khemka Distinguished Lecture Series is an endowed public program of the Center for the Advanced Study of India (CASI). Launched in the 2007-08 academic year, and made possible through the generous support of the Nand & Jeet Khemka Foundation, the series brings renowned India specialists to the Penn community and serves as a critical forum for analyzing and understanding the complex economic, political, social, and cultural changes that the world’s largest democracy is experiencing, as well as the challenges that lie ahead.
The Saluja Global Fellows Program has been made possible by the generous gift from Vishal Saluja ENG’89 W’89. CASI was excited to launch the program during the 2022–23 academic year, coinciding with the Center’s 30th Anniversary. This new program enables CASI to invite eminent leaders and rising experts on contemporary India preferably from the fields of media, culture, law, and contemporary history to be in residence for one to two weeks at CASI.