Welcome to the Mandi Market tracker, we constantly support traders to analyze the rise and fall of the market for ten categories on the daily basis. We analyze and display the beginning value of the market on the morning updates and the Ending value on the evening updates. We examine the everyday trends for these categories and flash them as push notifications in our mobile applications and our success rate is above 80 percent. Play Store
During the first month of the current procurement season (October–September), rice procurement climbed by 12% to 114.33 lakh tonnes (lt), owing to Punjab and Haryana. Compared to the same time last year, grain purchases are up 8% in these two States. Purchases fell by 60% to 22,557 tonnes in Uttar Pradesh, the state with the…
Agricultural produce marketing committee (APMC) yards and wholesale stores in India have seen wheat prices jump to a record high, despite October 130 arrivals reaching a 7year high. The change coincides with a 5% increase in wheat prices globally on Monday following Russia’s announcement that it was pulling out of the UN-mediated agreement to allow…
Major agricultural and processed food exports, which are supported by the Agricultural and Processed Food Products Export Development Authority (APEDA), increased by a quarter to $13.77 billion (1,07,942 crore) in H1 FY23 from $11.06 billion in the same period last year. APEDA products exported a record $25.6 billion in FY22, exceeding the target. Wheat, pulses…
In anticipation of further drops in cotton prices and weak yarn demand, some spinning factories, notably in south India, are observing prolonged holidays for Diwali. Some millers, led by the Tamilnadu Spinners Association (TASMA), have urged Finance Minister Nirmala Sitharaman to prolong the window for duty-free import of cotton until March 31 because the demand…
The current season has seen cotton producers demand a minimum support price (MSP) of $12,000 per quintal, claiming that while yields have decreased, production costs have climbed dramatically. Cotton farmers in Telangana assert that the cost of production is 8,000 rupees per quintal since pesticide use and labor prices have increased. Yields have drastically decreased….
In the agriculture produce marketing committee (APMC) yards, wheat arrivals from October 1–24 reached a three-year high, while they were lower than the inflow seen during the same period last month. The arrivals at APMCs nationwide between October 1 and 24 were 6.75 lakh tonnes (lt), down from 9.1 lt between September 1 and 24….
Under the strain of arrivals, soyabean and groundnut prices may decrease to the MSP (minimum support price) levels set by the Center by Diwali, according to Ajay Jhunjhunwala, President of Solvent Extractors’ Association of India (SEA).The circumstance, according to Jhunjhunwala in his letter to the SEA members, will have a negative effect on farmers and…
As chickpea (chana) prices have mostly remained below the minimum support price (MSP) levels of 5,230 per quintal this year, farmers in central India are expected to migrate over to planting greater acreage under wheat. The most common price at which transactions are made for chana is currently between Rs. 4,000 and Rs. 4,500 per…
As the Guatemalan crop floods the Gulf region at reduced rates, Indian cardamom is losing its flavour on the export market. This has made it easier for GCC nations to purchase more Guatemalan cardamom, which is now going for $5–12 a kg compared to $10–18 in India, depending on the grades. M. Dhanavandhan, a cardamom…
Steamed rice has undergone some processing in the form of steaming before being made available for sale, according to the Food Corporation of India (FCI), which has informed the Food Ministry. Exporters should be relieved after shipments of steamed rice were stopped because Customs officials believed it to be non-basmati white rice and demanded payment…
