Continuing its upward trend for the fourth year, wheat prices ruled above its minimum support prices (MSP) of ₹2,425/quintal during March and April, after arrivals of rabi crops started early this year. Similarly, barley prices also ruled above MSP, whereas rates of three other crops mustard, chana (gram) and masur (lentil) had 2-9 per cent lower than their respective MSP.
According to mandi price data maintained by Agmarknet portal, average farmgate price of wheat during March-April period was ₹2,476/quintal — up 2.1 per cent from MSP. However, there was a decline in April to ₹2,451 from ₹2,600 in March.
“There was a lot of negative sentiments in the market till the actual harvesting of wheat picked up from April and it was a major reason for prices to be at a higher level in March, despite an expected bumper production,” said SK Singh, an agriculture scientist. He also said that due to three years of continuous lower-than-expected procurement by the government, the wheat prices climbed to record levels in January-February.
If the government procures more than 31 million tonnes (mt) and continues to release adequate quantity in the market either through public distribution system or open market sale scheme, the prices will remain under pressure, Singh added.
The Agriculture Ministry has projected a record wheat production of 115.43 mt for the 2024-25 crop year (July-June).
Barley is another crop where farmers are realising higher than MSP prices and it is on a rising trend. Farmers received an average ₹2,098/quintal in the first two months (March-April), which was 6 per cent more than its MSP of ₹1,980. But the average price during May 1-6 was reported at ₹2,223 — up from ₹2,086 per quintal in March and ₹2,103 per quintal in April.
On the other hand, mandi prices of chana, the major rabi-grown pulse, masur and mustard ruled 2-9 per cent below MSPs during March and April.
“It is a repeat of the 2022 season as far as mandi prices are concerned as farmers had received 2-8 per cent less than MSP for chana, masur and mustard at that time,” said farmer leader Rampal Jat, who has been leading a movement for legal guarantee of MSP for past many years. He held the procurement system responsible for farmers not being able to get MSPs.
Chana prices were down 2.4 per cent at ₹5,514 a quintal from its MSP of ₹5,650, whereas masur was down 8.6 per cent at ₹6,127 from the MSP of ₹6,700. Mustard was sold at an average ₹5,702 a quintal — down 4.2 per cent from ₹5,950.
Official sources said that average chana price moved from ₹5,434 a quintal in March to ₹5,585 in April (gain of ₹151/quintal). Similarly, masur gained ₹278/quintal and mustard ₹238/quintal in one month and indications are for a further increase in rates in the coming months, the sources said.
Published on May 6, 2025
Continuing its upward trend for the fourth year, wheat prices ruled above its minimum support prices (MSP) of ₹2,425/quintal during March and April, after arrivals of rabi crops started early this year. Similarly, barley prices also ruled above MSP, whereas rates of three other crops mustard, chana (gram) and masur (lentil) had 2-9 per cent lower than their respective MSP.
According to mandi price data maintained by Agmarknet portal, average farmgate price of wheat during March-April period was ₹2,476/quintal — up 2.1 per cent from MSP. However, there was a decline in April to ₹2,451 from ₹2,600 in March.
“There was a lot of negative sentiments in the market till the actual harvesting of wheat picked up from April and it was a major reason for prices to be at a higher level in March, despite an expected bumper production,” said SK Singh, an agriculture scientist. He also said that due to three years of continuous lower-than-expected procurement by the government, the wheat prices climbed to record levels in January-February.
If the government procures more than 31 million tonnes (mt) and continues to release adequate quantity in the market either through public distribution system or open market sale scheme, the prices will remain under pressure, Singh added.
The Agriculture Ministry has projected a record wheat production of 115.43 mt for the 2024-25 crop year (July-June).
Barley is another crop where farmers are realising higher than MSP prices and it is on a rising trend. Farmers received an average ₹2,098/quintal in the first two months (March-April), which was 6 per cent more than its MSP of ₹1,980. But the average price during May 1-6 was reported at ₹2,223 — up from ₹2,086 per quintal in March and ₹2,103 per quintal in April.
On the other hand, mandi prices of chana, the major rabi-grown pulse, masur and mustard ruled 2-9 per cent below MSPs during March and April.
“It is a repeat of the 2022 season as far as mandi prices are concerned as farmers had received 2-8 per cent less than MSP for chana, masur and mustard at that time,” said farmer leader Rampal Jat, who has been leading a movement for legal guarantee of MSP for past many years. He held the procurement system responsible for farmers not being able to get MSPs.
Chana prices were down 2.4 per cent at ₹5,514 a quintal from its MSP of ₹5,650, whereas masur was down 8.6 per cent at ₹6,127 from the MSP of ₹6,700. Mustard was sold at an average ₹5,702 a quintal — down 4.2 per cent from ₹5,950.
Official sources said that average chana price moved from ₹5,434 a quintal in March to ₹5,585 in April (gain of ₹151/quintal). Similarly, masur gained ₹278/quintal and mustard ₹238/quintal in one month and indications are for a further increase in rates in the coming months, the sources said.
Published on May 6, 2025
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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