Branch² Intelligence
Rabi harvest blues: Key crops sell 3-8% below MSP as maize plummets 24%
Key takeaway
Key rabi crops (wheat, maize, gram) are selling 3-8% below MSP, with maize down 24% from last year.
- Step 1Rabi harvest prices for wheat, maize, gram fall 3-8% below MSP; maize down 24% YoY.
- Step 2Farmer incomes decline, reducing rural demand for consumer goods and agricultural inputs.
- Step 3Government may increase procurement or announce compensation, impacting fiscal deficit and inflation expectations.
Source: IN:The Hindu BusinessLine
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