Due to crash in foreign markets and abundance of cheap imported edible oils in the country, almost all oil-oilseeds fell in the local mandis. The unexpected situation experienced by the mustard farmers due to non-consumption of indigenous oil-oilseeds, especially mustard amidst the abundance of cheap imported oils, will keep troubling them for a long time.
Market knowledgeable sources said that the government has talked about getting mustard procured by cooperatives, but the question is when there is no market for indigenous oil and oilseeds, that is, in front of cheap imported edible oils, indigenous oil and oilseeds are expensive. So how will it work? He said that looking at the past experiences, it can be said that an organization like NAFED will be able to purchase maximum 15 to 20 lakh tonnes of mustard, then where will the rest of the costly mustard and other indigenous oilseeds be consumed?
Sources said that an oil expert was of the opinion that now the country’s oil-oilseed business may be in danger of running according to foreign countries. That is, according to the prices of foreign countries, the prices of all oil and oilseeds will be fixed here. When that expert was asked what would happen to the oil processing industry of the country, what would happen to the employment of the people working in the oil industry and where would the animal feed i.e. oilcake for the large number of cattle present in the country come from, he had no answer. . Farmers are very sad because of the way mustard and soyabean are not being consumed and there is a danger that this situation may force them to leave oilseed farming. Paying close attention to the situation, necessary measures need to be taken for this.
Sources said that in the last two years, the minimum support price (MSP) of mustard oilseed crop has been increased by the government by about Rs 800 per quintal and accordingly mustard oil should have been sold higher by Rs 22-23 per kg, but after crushing This oil is being sold at a price below Rs 1-2 per kg.
Big farmers can stop their production and wait for the price to rise, but what should the farmers of the country with small holdings do? Such farmers are forced to sell their crops at throwaway prices to meet the need of money.
The prices of oil and oilseeds remained as follows on Tuesday:
Mustard oilseeds – Rs.4,950-5,050 (42 percent condition rate) per quintal.
Groundnut – Rs 6,780-6,840 per quintal.
Groundnut oil mill delivery (Gujarat) – Rs 16,680 per quintal.
Groundnut refined oil Rs 2,535-2,800 per tin.
Mustard oil Dadri – Rs 9,550 per quintal.
Mustard Pakki Ghani – Rs 1,560-1,630 per tin.
Mustard raw Ghani – Rs 1,560-1,670 per tin.
Sesame oil mill delivery – Rs 18,900-21,000 per quintal.
Soybean oil mill delivery Delhi – Rs 10,520 per quintal.
Soybean Mill Delivery Indore – Rs 10,280 per quintal.
Soybean oil Degem, Kandla – Rs 8,880 per quintal.
CPO X-Kandla – Rs 8,800 per quintal.
Cottonseed Mill Delivery (Haryana) – Rs 9,050 per quintal.
Palmolin RBD, Delhi – Rs 10,100 per quintal.
Palmolin X- Kandla – Rs 9,150 (without GST) per quintal.
Soybean grain – Rs 5,235-5,285 per quintal.
Soybean loose – Rs 4,985-5,075 per quintal.
Maize Khal (Sariska) – Rs 4,010 per quintal.
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