The conflict between Ukraine and Russia has impacted imports and pushed up the prices of oil. A decrease in the produce influenced the rates even more. Arrivals have begun to decline, and prices are unlikely to fall further.
Mustard farmers are selling their crops to private players because they offer a higher price compared to the MSP, resulting in no procurement by the agency.
Mustard producers are paid Rs 6,200-Rs 6,500 per quintal for black mustard and Rs 7,200-Rs 7,500 for yellow mustard. The rabi season MSP is Rs 5,050 per quintal.
Farmers said that despite a poor yield season, particularly in low-lying areas, they would still continue to harvest oilseeds as private enterprises are offering higher prices for them.
According to a local mustard farmer, this year's yield was three to five quintals per acre, down from the usual seven to nine quintals.
Famers Are Also Sowing Sunflower
Farmers have now started to sow sunflower after mustard and are hoping that the crop will obtain decent deals due to the current market situation which will help them in rebuilding their losses. And some Farmers, on the other hand, claimed that a lack of quality sunflower seeds was a major concern in the market.
Pradeep Chauhan, a farmer from Sambhalkha village, stated he had sown mustard in 11 acres this year, but the crop was adversely affected by the rain.
The yield fell by approximately 40%. The only good news this year has been that oilseed prices have been high. Otherwise, the farmers would have had a dreadful year. He also said that he had sold his crop at a price of Rs.6800 per quintal.
