Commodity Outlook – Mustard Seed

Sowing period: October to December
Harvesting period: February to April
Crop season: Rabi

Key growing regions:

  1. Rajasthan – Ganganagar, Alwar, Tonk, Baran
  2. Uttar Pradesh – Agra, Sitapur, Aligarh, Etah
  3. Madhya Pradesh – Morena, Gwalior, Bhind, Shivpuri
  4. Gujarat – Banaskanth, Patan, Mehsana, Surendranagar

Production trend and Stock position:

  • As on July 17, 2020 the progressive purchase of Mustard seed by NAFED under PSS from various centres in different states such as Rajasthan, Gujarat, Uttar Pradesh, Madhya Pradesh, Haryana, etc stood at 8.03 lakh metric tonnes with a total value of Rs. 3.55 lakh and 3,18,524 total progressive number of farmers benefited from this scheme.
  • As per the Ministry of Agriculture third advance estimate released on May 15, 2020, Mustard Seed production was 87.03 Mn MT compared to FY 2018-19 which was 92.56 Mn MT, down by 5.97 percent
  • Stock positions of Mustard Seed were up by 27.10 percent held at National Commodity Clearing Limited (NCCL) approved warehouses at Alwar, Bikaner, Jaipur, Kota, Sriganganagar and Tonk locations. The stocks held as on July 20, 2020, was 5,623 MT compared to 4,424 MT as on July 06, 2020.

Table 1: The all India Mustard seed mandi arrivals have been falling week-on-week

All india mustard seed mandi arrival
Bar chart showing the quantity of mustard seeds arrived in top four states
price movement of mustard seed along with monthly mandi arrivals in jaipur
price movement of mustard seed in alwar, rajasthan

Market commentary: Price outlook

  • The Government had increased the Minimum Support Price (MSP) of Mustard Seed by 5.36 percent to Rs. 4,425 per quintal for Rabi marketing year (MY) 2020-21 compared to Rs. 4,200 in 2019-20.
  • Currently Mustard seed has been trading above the MSP levels and would trade range-bound to slightly weak in immediate / short term as according to agriwatch website the crushers and stockists have almost covered their stock for future which could lead to weak demand.

More Articles for You

Commodity Outlook – Soybean

Sowing period: June to JulyHarvesting period: October to NovemberCrop season: Kharif Key growing regions: Madhya Pradesh – Sehore, Raisen, Bhopal, …

एग्रीबाज़ार का संपूर्ण अपग्रेड

जैसा कि हमने कृषि क्षेत्र में अपने अस्तित्व के 5वें वर्ष में प्रवेश किया, हम एग्रीबाज़ार में अपने उपयोगकर्ताओं को …

Commodity Outlook – Mustard Seed

Sowing period: October to DecemberHarvesting period: February to AprilCrop season: Rabi Key growing regions: Rajasthan – Ganganagar, Alwar, Tonk, Baran …

App-solute Upgrade of Agribazaar!

As we entered the 5th year of our existence in the agritech sector, we at Agribazaar wanted to provide our …

Commodity Outlook – Maize

Sowing period: June to JulyHarvesting period: DecemberCrop season: Kharif Sowing period: October to DecemberHarvesting period: April to JuneCrop season: Rabi …

फसलों को स्वस्थ रखने के सरल तरीके

सोयाबीन | मूँगफली सोयाबीन एक छोटे दिन का पौधा है, जिसे इष्टतम उत्पादन के लिए गर्म मौसम की आवश्यकता होती …

WhatsApp Connect With Us