India’s oilseed sector is experiencing significant changes due to production estimates, trade dynamics, and global policies. The government predicts a record soybean output of 15.1 million tonnes for 2024-25, while industry estimates are lower at 12.6 million tonnes due to reduced sowing. The government has increased MSP procurement under the Price Support Scheme to stabilize…
The 2024-25 rabi season has seen significant developments, with wheat acreage reaching an all-time high of 320 lakh hectares, surpassing last year’s total of 318.33 hectares. This expansion in wheat coverage reflects favorable crop conditions, with no reported pest issues and cool weather benefiting the crop. The government has set a target of 115 million…
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,…
The Centre for Agricultural and Rural Development Studies, Tamil Nadu Agricultural University, Coimbatore, funded by the TNIAM Project, predicts that prices for sesame will likely move north, but they could also fluctuate depending on the monsoon and arrivals from other major producing States. The oilseed prices that dominated the Sivagiri Regulated Market in the Erode…
