Average mandi prices of major food crops ruling below MSP: RBI article

Published May 22, 2025

Tridge summary

A recent RBI bulletin reveals that mandi prices for most major food crops, excluding wheat, are below MSP due to abundant harvests. While edible oil prices are rising, driven by soybean, sunflower, and mustard oil, vegetable prices show mixed trends. Favorable monsoon forecasts and increased fertilizer demand suggest a positive outlook for the upcoming kharif season, bolstering food security.

Original content

Average mandi prices of major food crops, barring wheat, are ruling below the minimum support price due to bumper harvest of kharif and rabi crops, according to the latest Reserve Bank bulletin. Also, high frequency food price data for May so far (up to May 19) showed a broad-based moderation in prices of both cereals and pulses. #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text ...

Source: Economic times