Prices of Sunflower, Groundnut, and Soybean Drop Below MSP Levels
Soyabean, groundnut, and sunflower prices have fallen 8-25% below the Minimum Support Price (MSP) in agri-terminal markets during the early days of the harvesting season. Farmers face significant losses due to delayed MSP-based procurement, with soybean prices averaging ₹4,268 per quintal, 12.8% lower than the MSP. Large crop expectations and export uncertainties, particularly in Iran,…