Continuing with its upward trend for the fourth year, wheat prices ruled above their minimum support prices (MSP) or ₹ 2.425/March quintal and April, after Rabi crops arrived began earlier this year. Similarly, barley prices also ruled above MSP, while the rates of three other mustard crops, chana (Gram) and Masur (lentils) had 2-9 percent lower than their respective MSP.
According to Mandi The price data maintained by Agmarket Portal, average pharmggate price of the wheat turn in March-April was the period of ₹ 2,476/quintal-up 2.1 percent of MSP. However, there was a decrease in April to ₹ 2,451 of ₹ 2,600 in March.
“There were many negative feelings in the market until the real harvest of the wheat was collected from April and it was an important reason for prices to be at a higher level in March, desperately an expected bumper production,” said Singh, a farmer. He also said that due to three years of continuous acquisition of less than expected by the government, wheat prices rose to record levels in January-February.
If the government acquires more than 31 million tons (MT) and continues to launch an adequate amount in the market, either through the public distribution system or the open market sales scheme, prices will remain under pressure, added Singh.
The Ministry of Agriculture has projected a record production of wheat of 115.43 TM for the year of culture 2024-25 (July-June).
The barley is another harvest where farmers are realizing the highest prices of MSP and is in a growing trend. Farmers received an average of ₹ 2,098/quintal in the first two months (March-upril), which was 6 percent more than MSP or ₹ 1,980. But the average duration of the price of 1 to 6 was informed to ₹ 2,223-Up of ₹ 2,086 per quintal in March and ₹ 2,103 per quintal in April.
On the other hand, Mandi The prices of Chana, the main pulse of Rabi, Masur and Mustardo ruled 2-9 percent below the duration of the MSP of March and April.
“It is a repetition of the 2022 season in terms of Mandi Prices refer to as farmers had received 2-8 percent less than MSP for Chana, Masur and mustard at that time, ”said the leader of Rampal Jat farmers, who has one leg leading a movement for the legal guarantee or PSP for many farmers. MSP.
Chana prices fell 2.4 percent to ₹ 5,514 per quintal of its MSP or ₹ 5,650, Waseas Masur dropped 8.6 percent to ₹ 6,127 of the MSP or ₹ 6,700. The mustard was sold to an average of ₹ 5,702 to quintal, 4.2 percent less than ₹ 5,950.
Official sources said that the average price of Chana went from ₹ 5,434 per quintal in March ₹ 5,585 in April (gain of ₹ 151/quintal). Similarly, Masur won ₹ 278/Quintal and mustard ₹ 238/quintal in a month and the indications are for an additional increase in rates in the coming months, fountains said.
Posted on May 6, 2025