Rajasthan moong prices slip below MSP as procurement decision is delayed
Heavy arrivals and delayed government procurement have pushed Rajasthan moong prices below the ₹8,780-per-quintal MSP. Nafed’s sale of older stocks at around ₹6,500 per quintal is adding pressure, signalling lower near-term pulse sourcing costs but potential farmer distress.
What happened
NAFED · Rajasthan moong farmers are selling below the ₹8,780/quintal MSP amid delayed government procurement and high arrivals. Nafed’s sale of older stocks at
Key facts
- 63,000 tonnes
- ₹7,452/quintal
- 15%
- ₹8,780/quintal
- 0.1%
- ₹7,000/quintal
- ₹7,960/quintal
- 6,451 tonnes
- 7,574 tonnes
- ₹12/quintal
- 26.50 lakh hectares
- 26.57 lakh hectares
- 23.17 lakh hectares
- 13%
- 10 lakh hectares
- 9.12 lakh hectares
- 8.59 lakh hectares
- 13.89 lakh tonnes
- 72%
- ₹1,280/quintal
- ₹3,200/quintal
- ₹14.4 crore
- ₹6,500/quintal
Why this matters
The price dislocation may create opportunities to deepen direct sourcing, storage, and processing partnerships, while policy uncertainty argues against committing to long-duration supply deals.
What to watch
- Announcement, size, and start date of Rajasthan and central-government moong procurement.
- Daily mandi arrivals and the gap between Rajasthan spot prices and the ₹8,780-per-quintal MSP.
- Nafed auction volumes, reserve prices, and pace of old-stock liquidation.
- Wholesale moong-dal and packaged-pulse price changes versus raw-moong declines.
- Monsoon progress, kharif sowing intentions, and any acreage shift away from pulses.
- Import policy changes or additional government buffer-stock releases.
- Accelerate short-duration procurement of moong and moong-dal inputs where storage, quality, and working-capital capacity allow.
- Negotiate temporary price reductions or promotional funding with pulse processors and private-label suppliers.
- Use lower costs to defend entry-price pulse SKUs, combo packs, and value-basket promotions in price-sensitive markets.
- Avoid assuming the current mandi weakness is permanent; stagger purchases rather than fully locking annual requirements at spot prices.
- Monitor supplier credit stress and quality risk as farmer and trader margins compress.
Also reported by
- The Hindu BusinessLine — Same time