🛢️ Oilseeds Market Report 🛢️
👉 PM-AASHA Scheme:
The government has announced an extension of the PM-AASHA Scheme until the 2025-26 season to continue the procurement of pulses and oilseeds from farmers at the Minimum Support Price (MSP).
🌾 Mustard:
✅ Strong demand from stockists has led to firmness in mustard prices.
✅ Farmers were holding back their crops due to prices being below MSP, reducing arrivals.
✅ Government procurement starting in April will support mustard prices.
✅ Increased arrivals in the first week of April could lead to a correction of ₹100–₹200.
✅ Long-term outlook remains strong — any short-term dip should be seen as a buying opportunity.
🌱 Soybean:
✅ Strong buying from processors has driven soybean prices higher.
✅ Lower arrivals due to the financial year-end.
✅ NAFED’s suspension of soybean sales has supported the price rise.
✅ Current uptrend appears short-term due to adequate stock availability.
✅ High soybean meal export prices could impact demand.
🛢️ Soybean Oil:
✅ Strength in international markets has supported soybean oil prices.
✅ Stock levels at Kandla/Mundra ports remain low.
✅ Demand is expected to improve in April.
📊 Market Tone:
➡️ Overall, the market looks strong in the long term.
➡️ Any dip should be viewed as a buying opportunity.