Indian mustard farmers in trouble due to Russia-Ukraine conflict

Published 2022년 3월 9일

Tridge summary

Basant Ram Sharma, a farmer from Muruwara village in Bharatpur district, Rajasthan, is monitoring the mustard mandi rates closely due to the ongoing Ukraine conflict. Despite the current rates being higher than the minimum support price, farmers are holding onto their stocks in anticipation of higher prices. The outcome of the conflict is expected to impact the supply of sunflower oil, which is a significant portion of India's edible oil imports. Major edible oil companies have reduced the price of their products. The Bharatpur district, which is Rajasthan's largest mustard-growing division, accounts for over 48 percent of the state's total production.

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Original content

Basant Ram Sharma, a farmer from the Muruwara village of Rajasthan's Bharatpur district, who planted mustard on 6.5 hectares this season, has been visiting the mustard mandi at this country's trading hub to examine the existing mandi rates. While Sharma is just starting to harvest his mustard crop, he is also keeping a close eye on the Ukraine conflict. The outcome of the battle will have an impact on farmers like Sharma, who will have to decide whether to sell crops in the mandis or store them for a few more months in expectation of higher prices. While current mustard mandi prices are about Rs.6400 per quintal, which is much more than the minimum support price (MSP) of Rs.5050 per quintal for the current season, farmers like Sharma are holding on to their stocks even though the peak arrivals time is set to commence from March 15. “I will wait till mandi prices reach Rs.7500 per quintal and then sell my harvest,” Sharma stated. He anticipates a harvest of around 30 quintal per ...

Source: Krishi Jagran