Crop prices show mixed trend in relation to their respective MSPs
Though food inflation has been running high largely due to a spike in vegetable prices, when it comes to cereals, oilseeds and pulses the picture is slightly mixed
 "One of the most important factors that would determine how the rural economy performs in the remaining two quarters of financial year 2025 (FY25) is how prices of major agriculture commodities fare.")
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One of the most important factors that would determine how the rural economy performs in the remaining two quarters of financial year 2025 (FY25) is how prices of major agriculture commodities fare.
Though food inflation has been running high largely due to a spike in vegetable prices, when it comes to cereals, oilseeds and pulses the picture is slightly mixed. There are some commodities such as paddy (common) which are trading below the MSP in some markets while cereals such as maize are selling at above their MSP.
Wheat (though it is an off-season for it) is selling at above MSP rates in most places. Oilseeds such as soybean are selling at below MSP in some mandis though there has been a marked improvement in prices ever since the Central government hiked the duty on imported edible oils to support oilseeds farmers.
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 "This has led to incidents of stubble burning, as the farmers burn the paddy residue to sow wheat. Unlike previous years, the number of stubble burning incidents has reduced considerably this year. From the onset of the stubble burning season (widely")
 "Paddy, Agriculture")
 "A study on farmer producer companies (FPCs) has found that around 36 per cent of such business entities had to process too many documents for registration, while 22 per cent indicated that they had to visit multiple offices.")
 "rice")
Topics : MSP Agriculture Rural economy
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First Published: Oct 30 2024 | 12:44 AM IST