Informist, Thursday, Sep 28, 2023
By Yukta Mudgal
MUMBAI – Prices of mustard remained flat today at 5,825-5,850 rupees per 100 kg in the benchmark market of Jaipur, Rajasthan, as most mandis were shut due to Ganesh Visarjan.
Arrivals of the oilseed in Jaipur dropped by 25,000 bags to 325,000 bags (1 bag = 84 kg) from the previous day, Rupesh Parekh, a local trader said. The fall was attributed to certain mandis being shut today, the trader said.
In its third advance estimates, the government has pegged the country’s mustard seed production in 2022-23 (Jul-Jun) at 12.5 mln tn against 12.0 mln tn the previous crop year.
The key soybean wholesale market in Indore in Madhya Pradesh was closed today on the occasion of Ganesh Visarjan, said Mukesh Mangal, a local trader.
According to the agriculture ministry, soybean acreage so far this season is 12.6 mln ha compared to 12.5 mln ha during the corresponding period last year.
The government has pegged total oilseed output in 2022-23 (Nov-Oct) at 41.0 mln tn, against 38.0 mln tn in the previous oilseed year. End
Edited by Vandana Hingorani
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