The lowest crushing in the season was in November: Marudhar Trading Agency, Jaipur
02-Dec-2024 02:16 PM
The lowest crushing in the season was in November: Marudhar Trading Agency, Jaipur
Key Points:
Crushing Data (March to November 2024):
Total mustard crushed: 92 lakh tonnes
Highest crushing month: March (13 lakh tonnes)
Lowest crushing month: November (8 lakh tonnes)
Mustard Stock with Agencies (Hafed and Nafed):
Total stock with Hafed and Nafed: 27.5 lakh tonnes (including both old and new mustard)
Mustard sold till November: 13 lakh tonnes
Remaining stock: 14.5 lakh tonnes
Production Data (Season 2024-2025):
Total production: 108 lakh tonnes
Total availability (including old stock): 120 lakh tonnes
Unclaimed Mustard in Mandis (March-November):
Total unclaimed mustard: 98.5 lakh tonnes
Highest arrival: March (15.5 lakh tonnes)
Lowest arrival: November (3.5 lakh tonnes)
Mustard Stock Available with Farmers:
Stock with farmers: 9.5 lakh tonnes
Expected stock by the end of season (with farmers, agencies, processors, and stockists): 28 lakh tonnes
Mustard Stock with Processors and Stockists:
Stock left with processors and stockists: 4 lakh tonnes
Analysis:
Crushing Trends: Crushing was highest in March at 13 lakh tonnes and lowest in November at 8 lakh tonnes, suggesting a seasonal variation in crushing rates. This could be due to reduced mustard availability post-harvest or factors like lower processing capacity in later months.
Stock Availability: Agencies like Hafed and Nafed still have a considerable amount of mustard stock (14.5 lakh tonnes), indicating a balanced supply system. The mustard available with farmers (9.5 lakh tonnes) and the expected stock at the end of the season (28 lakh tonnes) also suggest adequate reserves to meet future demands.
Unclaimed Mustard in Mandis: The significant unclaimed mustard in mandis (98.5 lakh tonnes) reflects the overall market dynamics, such as delayed or insufficient sales by farmers, lower demand from crushers, or logistical issues in mustard distribution.
Future Outlook: With a total expected mustard stock of 28 lakh tonnes by the season's end and a production of 108 lakh tonnes, it seems there will be adequate stock to meet crushing and consumption demands. However, the seasonal dips in crushing and arrivals (such as the drop in November) might impact processing if stock levels are not managed efficiently.
In summary, while the mustard market faces fluctuations in crushing and arrivals, the overall stock situation appears stable. Agencies, farmers, and processors have significant reserves to meet upcoming demand, provided market conditions stabilize.