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
Central government may announce increases in minimum support prices (MSP) for the summer crops in 2022-23 year soon, taking into consideration a sharp rise in costs of farming inputs. The MSP increases this year could roughly be in the range of 5-20%, the highest since 2018-19 when a new policy of 50% profits over computed…
The government’s wheat procurement in the current year down by more than 54% on year to 18.65 million tonne (mt) till Tuesday. With an arrival of only around 81,000 tonne of wheat on Tuesday in mandies mostly in Uttar Pradesh and Madhya Pradesh, purchase of the grain by the Food Corporation of India (FCI) and…
Coconut oil manufacturers are doubtful about a rally in prices, at least in the short term, at a time when rival edible oils are moving high. The excess production in the growing regions for the fall, thanks to good climatic conditions in the last two harvest seasons. The industry people expect the current harvest also…
The comments come on the heels of talks in the global market that after banning wheat exports and limiting sugar shipments, the Indian government could next target Non-Basmati rice. The Indian government has no plans to ban rice (Non-Basmati) exports or announce any curbs on its shipments, two officials involved in the decision making have…
Chana procurement increased to 20.41 lakh tonnes (lt) on Monday. Maharashtra, so far, tops the list of States with over 6.61 lt having been procured, closely followed by Madhya Pradesh at 6.13 lt and Gujarat at 5.35 lt. Procurement of chana at minimum support price (MSP) by organizations such as NAFED and FCI has crossed…
The Solvent Extractors Association (SEA) of India expects that the soyabean crop is likely to be lower at 10 million tonnes (mt) against the government’s estimate of 13.83 mt during the current season to June. The Union Ministry of Agriculture and Farmers Welfare’s third advance estimate for major crops had estimated the oil seeds output…
Poultry feed producers such as Godrej Agrovet and IB Group have reduced prices following the government’s recent action to allow more soyabean meal imports. Other feed producers are likely to follow the action. Soyabean meal is a crucial ingredient in the poultry feed along with maize. Feed prices had been on an upraising over the…
The government’s wheat acquirement in the current year may be less than half the level last year, as market prices stand above the Minimum Support Price (MSP) allotted by the government. Procurement of the grain by the Food Corporation of India (FCI) and other government agencies at the MSP stood at 17.59 million tonne (mt)…
Across the country the sugar mills have produced 342.37 lakh tonnes (lt) of sugar between October 1, 2021, and April 30, 2022. This is about 42 lt or 14% higher than 300.29 lt produced during the same period past season. The Indian Sugar Mills Association (ISMA) has estimated that during the this season, the industry…
Burning heat wave conditions in many North Indian consuming markets has taken a charge on pepper demand with its prices remaining steady for the past 23 weeks with marginal changes. Prices of clean varieties are now ruling at ₹515-520 per kg, while that of distorted varieties at ₹535-540. Traders pointed out that the demand was…
