Mustard Report As On 25th May 2026 By Amit Gupta- Kedia Advisory
MUSTARD SEED
* Mustard prices rose 9% in month, driven by unseasonal rains and strong winds that damaged standing crops and delayed harvesting by 10 to 15 days.
* Crude mustard oil exports increased around 4% during April-March 2026 compared with previous corresponding period.
* Haryana government commenced mustard procurement operations targeting 1.3 million tonnes during ongoing rabi marketing season.
* Heavy rainfall and hailstorms severely damaged mustard crops across Rajasthan, Punjab, and Haryana producing regions.
* Government increased mustard MSP by ?250 to ?6,200 per quintal for 2026-27 marketing season.
* China’s rapeseed meal imports from India surged sharply during April-February 2026 marketing period significantly.
* USDA projected India’s mustard ending stocks at only 5.65 lakh tonnes for 2025-26 season.
* India’s mustard stock-to-use ratio projected declining during 2026-27, tightening domestic inventory availability considerably.
* Rising domestic mustard consumption forecasts continue supporting stronger long-term demand fundamentals across India significantly.
* Limited government procurement reduced risks of large state-held mustard stock overhang entering domestic markets.
* Indian rupee depreciation below 96.80 increased imported palm oil costs for domestic edible oil blenders.
* Canada’s rapeseed carryout stocks projected declining 40%, tightening global oilseed supply availability during 2026-27.
* Farmer stock retention increased across producing states amid expectations of stronger future mustard price realization.
* Mustard meal exports declined over 5% during April-February 2026 amid weaker overseas demand conditions significantly.
* India’s mustard production projected increasing over 5% during 2025-26 despite adverse weather disruptions significantly.
* Global rapeseed production forecasts increased for Australia and European Union during 2026-27 marketing season substantially
