Arrival of 104.50 lakh tonnes of mustard estimated by the end of January

04-Feb-2025 01:37 PM

The mustard market has been experiencing a mix of arrivals and stock movements, especially during the 2024-25 Rabi season. Here's a breakdown of the key data:

  1. Total Arrivals: By the end of January 2025, a total of 104.50 lakh tonnes of mustard arrived in the country. This includes both new stock and the carryover from previous seasons.

  2. Purchases by Agencies:

    • Cooperative agencies like NAFED and HAFED have bought 20 lakh tonnes of mustard.
    • The remaining mustard has been bought by traders, stockists, and crushers/processors.

  3. Remaining Stock:

    • By February 1, 2025, approximately 3.50 lakh tonnes of mustard remained with farmers.
    • Government agencies started the year with 7.50 lakh tonnes and increased their stock by purchasing 20 lakh tonnes. However, they've sold 18 lakh tonnes, leaving them with 9.50 lakh tonnes.
    • Traders and processors collectively hold around 2 lakh tonnes of stock.

  4. Crushing Estimates: The total expected crushing of mustard in the country from March 2024 to January 2025 is around 105 lakh tonnes.

  5. Stock for February 2025: As of February 1, 2025, the total mustard stock in the country is 15 lakh tonnes, distributed as follows:

    • 9.50 lakh tonnes with government agencies
    • 3.50 lakh tonnes with farmers
    • 2 lakh tonnes with traders and millers

  6. Future Arrivals: It’s anticipated that 6-7 lakh tonnes of new mustard will arrive in February 2025, which should be enough to meet the crushing demand as the peak arrival period typically spans from March to May, before decreasing in August.

  7. Year-on-Year Comparison: In the previous 2023-24 Rabi season, 115 lakh tonnes of mustard was produced, and 7 lakh tonnes arrived in February, with a decrease in the total stock arriving in January 2025, which was about 3 lakh tonnes.

The reduction in sowing area for mustard in the current season is expected to slightly lower production. However, with adequate stock still available, the industry seems positioned to meet demand for crushing and processing in the coming months.

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