Cabinet raises 2027-28 Rabi MSPs; wheat set at ₹2,610/quintal, mustard at ₹6,613
Approved on 30 September 2026, the increases cover six Rabi crops. Wheat rises by ₹25 per quintal and rapeseed and mustard by ₹413. The higher support prices are a sourcing signal for flour, pulses and edible-oil businesses, but do not directly determine retail prices.
The development
The CCEA approved 2027-28 Rabi crop MSP increases on 30 September 2026. Wheat MSP is Rs. 2,610 per quintal, while rapeseed and mustard MSP is Rs. 6,613. The government said the increases would support remunerative prices and crop diversification.
The numbers
- Marketing Season 2027-28
- Approval date: 30 September 2026
- Wheat MSP: Rs. 2,610 per quintal, up Rs. 25 from Rs. 2,585 in 2026-27
- Rapeseed and mustard MSP: Rs. 6,613 per quintal, up Rs. 413 from Rs. 6,200
- Safflower MSP: Rs. 7,215 per quintal, up Rs. 675 from Rs. 6,540
Why it matters to operators and investors
Recheck flour and edible-oil sourcing plans against wheat’s ₹25/quintal and mustard’s ₹413/quintal MSP increases, without treating either as an automatic retail-price reset.
What to watch next
- Rabi sowing progress and mustard-versus-wheat acreage changes during late 2026.
- Mandi prices relative to MSP: persistent discounts would weaken the transmission thesis.
- Actual procurement volumes, purchase-center access and payment timeliness for wheat and mustard.
- Winter rainfall, irrigation availability and heat stress near the 2027 harvest.
- Government wheat stock releases, edible-oil import duties, global oil prices and the rupee.