Mustard seeds market price today in Madhya Pradesh on (13 September 2024)

Agricultural landscape, accurate market price information has become crucial for both farmers and traders. For mustard farmers, deciding when to sell their produce relies heavily on current market conditions. What are the latest mustard prices in the key markets of Madhya Pradesh on 13th September 2024? Let’s find out and see which market offers the best rates, helping you make a more informed decision.

Mustard Market Arrival and Prices:

The table below provides details of mustard crop arrivals (in tons), minimum, maximum, and average (modal) prices in various markets across Madhya Pradesh.

Key Factors Affecting Mustard Prices:

Mustard prices depend on several factors, including:

1. Minimum Support Price (MSP) set by the Government: This year, the MSP for mustard is set at ₹ 5,650 per quintal.
2. Quantity of Arrivals in the Markets: Markets with higher arrivals tend to see a slight decrease in prices. For instance, the Katni market saw a large arrival of 70.02 tons, with the minimum price recorded at ₹ 5,176 per quintal.

Comparison of Mustard Prices in Different Markets:

There is significant variation in mustard prices across different markets in Madhya Pradesh. For example, Sheopur Kalan recorded the highest maximum price at ₹ 6,100 per quintal, while 
Bichhiya had the lowest at ₹ 5,375 per quintal.

Mandsaur market witnessed the most significant price variation, with the minimum price at ₹ 4,880 and the maximum at ₹ 6,341 per quintal.

Advice for Farmers: Using this information, farmers can choose the right time and market to sell their crops. This data will help them understand market trends and achieve better profits.