🌾 FOR FARMERS: Mustard & Soybean – Harvest Strategy & Storage Tips
| Crop | Current Mandi Price (₹/quintal) | Avg. Crush Margin (₹/quintal) | Harvest Strategy | Storage Advice |
|---|---|---|---|---|
| Mustard | ₹5,200 – ₹5,500 | ₹500 – ₹700 (positive) | Hold stocks if crush margin is stable. Oil demand remains firm. | Store in dry, cool, rodent-free space. Use jute bags to avoid moisture. |
| Soybean | ₹4,800 – ₹5,100 | ₹150 – ₹300 (low margin) | Watch futures. Prices may weaken. Sell gradually. | Avoid long-term storage in humid areas. Prefer bulk storage in silos. |
📝 Tip: Monitor export demand for soybean meal and local crushing activity. Mustard offers better margins currently.
📈 CRUSH MARGIN ANALYSIS – Farmer Profitability Indicator
| Crop | Avg. Oil Price (₹/litre) | Avg. Cake Price (₹/quintal) | Input Cost (₹/q seed) | Crush Margin (₹/q) |
|---|---|---|---|---|
| Mustard | ₹122 – ₹130 | ₹2,000 – ₹2,400 | ₹5,300 | ₹600 – ₹700 |
| Soybean | ₹110 – ₹118 | ₹2,600 – ₹3,100 | ₹5,000 | ₹150 – ₹300 |
✅ Interpretation:
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Mustard crush is lucrative; consider holding or staggered selling.
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Soybean crush under pressure; dependent on global oil prices and meal export demand.
🌍 EXPORT TRENDS – Key for Farmers & Traders
| Commodity | June Export Volume | Key Markets | Trend |
|---|---|---|---|
| Mustard Oil | Modest volumes | Nepal, Bangladesh | Steady, regionally stable |
| Soybean Meal | High volumes | Vietnam, Japan, Iran | 🔺 Growing demand in Asia |
| Soy Oil Imports | Rising | Argentina, Brazil | Domestic oil shortfall leads to more imports |
📌 Message to Farmers: Export demand = support for mandi prices.
📌 Message to Traders: Watch freight rates, FOB quotes, and currency movement.
💱 FOR TRADERS: Price Volatility & Market Signals
| Market | Soybean Price Range (₹/q) | Mustard Price Range (₹/q) | Short-Term Outlook |
|---|---|---|---|
| Indore (MP) | ₹4,800 – ₹5,100 | — | Weak due to global soyoil pressure |
| Alwar (Raj) | — | ₹5,200 – ₹5,500 | Stable to firm |
| Global Cues | Soy oil down 2% this week | — | Bearish for soybean |
| Futures (NCDEX) | Soybean: Weak | Mustard: Steady | Mustard favored |
📢 Trader Insight:
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Soybean under pressure from global oversupply
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Mustard firm on local consumption & limited stock
🧴 FOR CONSUMERS: Oil Price Sensitivity
| Edible Oil Type | Retail Price (₹/litre) | Last Month Change | Recommendation |
|---|---|---|---|
| Mustard Oil | ₹122 – ₹130 | ⬆️ +₹3 – ₹5 | Buy in bulk now if prices stable |
| Soybean Oil | ₹110 – ₹118 | ⬇️ -₹2 – ₹3 | Prices may fall further |
| Palm Oil | ₹96 – ₹102 | Stable | Cheaper alternative |
📢 Tip to Consumers:
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Track seasonal festivals – prices tend to rise during Shravan and Raksha Bandhan
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Use mixed oils to manage budget and nutrition
🧊 STORAGE & STOCK ADVISORY
| Stakeholder | Storage Advice | Action Plan |
|---|---|---|
| Farmers | Keep mustard in breathable bags, avoid moisture | Monitor crush margins weekly |
| Traders | Soy stocks should move fast – risk of fall | Hedge via NCDEX |
| Warehouse | Inspect for oilseeds pests (bruchids etc.) | Use fumigation if storing >1 month |
🔔 KEY TAKEAWAYS
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✅ Mustard is currently more profitable than soybean
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🚢 Soybean meal exports are a crucial support factor
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💰 Consumers should lock mustard oil prices now
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📉 Soybean oil prices may soften on global cues
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🧾 Farmers must monitor crush margins weekly to time their sales smartly
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