AreaIndia

Commodity GroupOilseeds, oils and meals

CommodityGroundnut, soybeans, sunflower seed

Date19/06/2024

Policy CategoryProduction

Policy InstrumentProduction support

DescriptionApproved the Minimum Support Prices (MSP) for all mandated Kharif crops for the 2024/25 marketing season. The MSP for groundnut, soybeans and sunflower seeds were all raised from the previous season and have been set at, respectively, INR 6 783 (USD 81.2) per tonne, INR 7 280 (USD 87.1) per tonne and INR 4 892 (USD 58.5) per tonne.

NotesExchange rate as of 15 June 2024.