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Informist, Monday, Nov. 10, 2025

 

By Taniva Singha Roy

 

MUMBAI – Mustard prices rose in Jaipur, Rajasthan, due to concerns of a supply shortage, while groundnut and soybean prices were steady in key markets across the country, said traders. Lower demand for soymeal due to availability of alternative animal feed such as dried distillers grains with soluble kept soybean prices steady across key spot markets in the country, they said.

 

MUSTARD seed prices in Jaipur rose INR 25 from the previous day to INR 7,300-INR 7,325 per 100 kg, according to Marudhar Trading Agency. Arrivals of mustard seed across the country were steady at 250,000 bags (1 bag = 50 kg), according to GGN Research. Prices are up as heavy rainfall in the last week of October has led to the possibility of crop damage, leading to a shortage in supply, traders said.

 

SOYBEAN prices in Ratlam, Madhya Pradesh, were steady at INR 2,200-INR 4,750 per 100 kg, said Narendra Porwal, a local trader. Arrivals were also steady at 8,000 bags (1 bag = 50 kg), he added. The steady prices were due to lower demand for soymeal, a byproduct of soybean oil, said traders.

 

Availability for soybean has increased amid subdued demand, Porwal said. Farmers are getting incentives under the Bhavantar scheme, so they are offloading whatever stocks they have in the pipeline, he added. Eight years after shelving it, the Madhya Pradesh government has reintroduced the controversial Bhavantar Bhugtan Yojana intended to shield soybean farmers if market prices fall below the minimum support price by compensating them. Introduced in October 2017, the Bhavantar scheme, which translates to price difference scheme, acts as an alternative to direct procurement by the government by offering compensation to farmers on select crops.

 

Prices of GROUNDNUT in Ratlam were steady at INR 3,100-INR 5,250 per 100 kg, Porwal said. Arrivals were at 26,000 bags, up 4,000 bags from the previous day (1 bag = 40 kg), he added.

 

COMMODITY	MARKET	PRICE (INR/100 kg)	CHANGE (INR)
Mustard	Jaipur	7,300-7,325	25
Soybean	Ratlam	2,200-4,750	--
Groundnut	Ratlam	3,100-5,250	--

 

 

 

 

 

End

 

Edited by Tanima Banerjee

 

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