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Farm prices of Mustard/Toria will hover around Rs. 3500 to 3600 per quintal during January to March 2014

In India, Mustard/Toria is basically a rabi season crop. Its sowing starts in the month of September and continues till end of December. Rajasthan is the largest producer of mustard/Toria in the country with a contribution of 54 per cent to the country’s total mustard/Toria production followed by Punjab and Haryana together contributing 14 per cent. Other major producers of mustard/Toria seed in India are Madhya Pradesh/Chhattisgarh (13 per cent) and Gujarat (7 per cent). The main regions encompassing the Mustard/Toria production in Uttarakhand are Bajpur, Kiccha, Gadarpur and Rudrapur. The sowing of mustard/Toria in the U.S. Nagar district starts from September and ends till November. Mustard/Toria is a 120 days crop and its harvesting starts from end of December.

NAIP funded Project “Establishing and Networking of Market Intelligence Centers in India” is under operation at GBPUA&T, Pantnagar. One of the objectives of this project is to make price forecasts well in advance of sowing of selected agricultural commodities and during harvesting. The research team of GBPUA&T Pantnagar under the supervision of Dr. Anil Kumar, Principle Investigator had conducted market survey of Rudrapur regulated market, a major market for Mustard/Toria in the Uttarakhand and analyzed the market prices data prevailed for the last fourteen years (1998-2012). The results of econometric analysis shows that the wholesale prices of Mustard/Toria in Rudrapur market would be ruling in the range of Rs. 3500 to Rs. 3600 per quintal from Jan 2014 to March 2014 per quintal. Hence the farmers are advised to take marketing and storage decisions of mustard according to price forecasted.

 

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Please note that this is the opinion of the author and is Not Certified by ICAR or any of its authorised agents.