November 23, 2024 01:31 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Third World War has begun:' Ex-Ukraine military commander-in-chief Valery Zaluzhny | UK-India Free Trade Agreement negotiations to resume in early 2024 | UK can arrest Benjamin Netanyahu if he visits country based on ICC warrant | Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma
Mustard seed prices slip below MSP: Report
Mustard | MSP
Image Credit: Ross Tek via Unsplash

Mustard seed prices slip below MSP: Report

| @indiablooms | 07 Apr 2023, 11:43 pm

Pune: The price of mustard seeds, India's primary oilseed crops, has slipped below the minimum support price (MSP), ET reported.

The decline has been triggered by high moisture levels in the crop caused by untimely rainfall as well as the supply of cheaper cooking oils such as palm, soybean, and sunflower through import, which has affected demand.

The current market price for mustard seeds in Rajasthan, the top producer of the crop, is around Rs 5,100-5,200/quintal, which is below the MSP of Rs 5,450/quintal, the report said.

This marks a significant drop from the prices of around Rs 6,500/quintal seen at the same time last year.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.