Wholesale market prices for Kharif pulses and oilseeds remain well below the MSP.
27-Oct-2025 11:24 AM
Mumbai. Arrivals of Kharif pulses and oilseeds, such as black gram, green gram, soybean, and groundnut, have begun to increase rapidly in important wholesale markets in major producing states, but their prices have fallen below the Minimum Support Price (MSP).
According to trade analysts, the crop situation has improved after the natural disasters (excess rainfall, strong winds, waterlogging, and floods) have subsided.
Markets are seeing ample supply and availability of new produce, while cheap imports of edible oils and pulses continue.
Large stocks of previously imported produce also exist. Meanwhile, government procurement of pulses and oilseeds at MSP has not yet begun.
According to trade analysts, wholesale market prices for pulses like tur, urad, gram, and lentils are currently trading 8 to 18 percent below the MSP, while among oilseeds, prices for soybean and groundnut are 21 to 30 percent lower.
Although the government has repeatedly assured farmers that it will purchase pulses and oilseeds at the MSP, the delay in starting the procurement process is leading to a softening of market prices.
According to analysts, the improved production outlook, continued large imports from abroad, and a good stock position with government agencies have led to a subdued pulse and oilseed market. A rebound is unlikely until government agencies like NAFED and NCCF begin aggressive procurement.
Chana, a Rabi season pulse, can be considered an exception, as its prices are trading slightly above the MSP. Government agencies are expected to become active in procuring pulses and oilseeds under the Price Support Scheme (PSS) in the coming months.
The Ministry of Agriculture has already approved proposals for procurement in Gujarat and Uttar Pradesh. The estimated cost of procurement is over ₹13,890 crore. Proposals for procurement in Telangana and Uttar Pradesh are under consideration.
Meanwhile, the Maharashtra government has announced that NAFED will begin procuring soybean from farmers in the state at the MSP from November 1, 2025. Arrivals of new tur (tur) crops in Karnataka and Maharashtra are expected to begin in early December.