 "cOTTON")
Cotton and oilseeds are likely to take over a significant part of pulses’ acreage this kharif season due to a sharp increase in their minimum support price (MSP) for the current season coupled with better price realisation last year.
As against the MSP of Rs 5,400 a quintal for 2017-18 kharif season, average urad price stood at Rs 4,720 a quintal for May 2017, which steadily declined further to stabilise at Rs 3018.5 a quintal towards the beginning of the current sowing season in May 2018. Similarly, arhar and moong also traded substantially below the MSP throughout 2017-18 season.
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