Mandi prices for pulses and oilseeds continue to trade below the minimum support price (MSP) as kharif crop arrivals pick up across key markets, traders said. Prices of major pulses varieties—including tur, urad, chana, and masoor—are currently 8–18% below MSP, while oilseeds such as soybean and groundnut are 21–30% below the benchmark prices. Prices remain well below the benchmark despite official assurances of procurement from farmers.
Traders attributed the weak mandi prices to strong kharif crop prospects, adequate import volumes, and sufficient stocks held by government agencies. Chana, a rabi or winter crop, remains the exception, trading slightly above MSP levels.
Government agencies are yet to begin procurement of oilseeds and pulses under the Price Support Scheme (PSS), ev

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