The situation in Mozambique becomes quite serious due opposition wins in the corporate elections. Also, the problem of pigeon peas export from Mozambique has still not been solved due to phyto regulation.
Mung - Price increased by Rs 400 per quintal due to good demand in Sumerpur
- With the arrival of 700-800 bags, new mung traded at Rs. 8500-9900/q in the market today.
- Buying is strong due to good quality
Chickpeas - Delhi price hike due to good demand
- Today the price of chickpeas in Delhi has reached Rs. 6650~6700/q
- Millers buying is strong
- Due to the upcoming festival, the demand is also very good in Chanadaal and Besan
- Delhi chickpeas price is expected to reach Rs. 7000/q in the coming days
Wheat - prices might increase upto 3000q in coming 10~15 days in gujarat and other parts
- With high demand of wheat in the Somnath market with limited arrival of quantity, price high can be experienced
- Most of the wheat stock is held by government itself in punjab area
- The government can restrict the increasing tend of wheat prices with help of the stock
- Moreover, untill there's no action from government price may increase continuously
- Also, there are not many stocks left with the traders and farmers
Weather Report
- Heavy to very heavy rainfall spell likely to continue over northeast, SubHimalayan West Bengal & Sikkim and Bihar during next 3 days
- Isolated heavy rainfall is likely over Himachal Pradesh, Uttarakhand, East Uttar Pradesh, Jharkhand, and Odisha during the next 2 days.
- Subdued rainfall activity likely over the rest parts of the country during the next one week
- Source IMD (August 24, 2023)
Mung prices increased by Rs. 200 in Jabalpur
- Due to the purchase of mung by the government, the price has increased by Rs. 200/q and is being sold at Rs. 6600~7200/q In Jabalpur (Madhya Pradesh)
- About 2000 bags arrived today
Gram - Prices hiked by Rs. 25/q in Delhi
- Delhi gram Raj & MP Chana Best traded at Rs. 5100~5125 + 25
- There is no best stock to sell.
- Demand is good in gram.
Pigeon Peas-Poor quality arrival in Pipariya
- Due to poor quality arrivals in Pipariya mandi, prices fell.
- Pigeon peas were sold at Rs. 6500~7100/q in the market.
Govt to release toor dal from buffer till imported stocks arrive
Groundnut and Soyabean- Gujarat Crops Report
- Sowing is nearing completion in Gir Somnath district. 60% soybean and 40 percent groundnut have been sown. There was good rainfall due to Biparjoy cyclone.
- Every year the sowing of groundnut is more, but due to less cost in soyabean, farmers have sown more soyabean.
- Cotton has been sown more in Morbi, Junagadh.