India raises minimum purchase prices for all crops

Source:  OleoScope
Индия

In the current rabi season (crops that are sown in winter and harvested in spring), India is increasing the area under crops and raising minimum purchase prices for farmers. Data from India’s agriculture ministry was published by Krishijagran.

A total of 63.2 million hectares have been sown, including 13.981 million hectares for pulses and 5.355 million hectares for amaranth and coarse grains. The area under wheat increased markedly from 31.5 million hectares to 32 million hectares. Rabi season, which runs from October to March, is a critical period for crop cultivation in India. To support farmers, the Cabinet Committee on Economic Affairs (CCEA) recently approved an increase in minimum support prices (MSP) for all key crops for the 2025/26 marketing season.

Agrarians’ profit above cost is projected at 105% for wheat, 98% for rapeseed and mustard, 89% for lentils, 60% for macrotiloma (pulses family), 60% for barley and 50% for safflower. The Budget Union has kept minimum prices at 1.5 times the national average cost of production since 2018, which provides higher profits for farmers and promotes crop diversification.

Further development of the grain sector in the Black Sea and Danube region will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.

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