Which Crops Should Farmers Avoid in Rabi 2024 for Minimum Losses Based on MSP?
16 October 2024, New Delhi: With the government’s recent announcement of MSP for Rabi crops, it’s crucial for farmers to not only focus on high-profit crops but also avoid those with lower returns. Crops with minimal MSP increases and higher production costs can lead to reduced profitability. In this article, we will analyze which crops farmers should be cautious about and may want to eliminate from their cropping plans.
Least Profitable Crops Based on MSP
- Safflower
- MSP for 2025-26: ₹5,940 per quintal
- Production Cost: ₹3,960 per quintal
- Profit: ₹1,980 per quintal (50% margin)
- Barley
- MSP for 2025-26: ₹1,980 per quintal
- Production Cost: ₹1,239 per quintal
- Profit: ₹741 per quintal (60% margin)
- Gram
- MSP for 2025-26: ₹5,650 per quintal
- Production Cost: ₹3,527 per quintal
- Profit: ₹2,123 per quintal (60% margin)
Key Takeaways for Farmers
- Avoid safflower if your goal is maximizing profits, as its lower margin and market demand could limit your earnings.
- Barley is only profitable in specific regions with traditional usage, but in terms of MSP and market demand, it doesn’t hold up against high-profit crops like mustard or lentils.
- Gram remains a moderate option but does not compete with the high profit margins of mustard or wheat.
Top Profit-Making Crops Based on MSP Increase
- Rapeseed & Mustard
- MSP for 2025-26: ₹5,950 per quintal
- Production Cost: ₹3,011 per quintal
- Profit: ₹2,939 per quintal (98% margin)
- Lentil (Masur)
- MSP for 2025-26: ₹6,700 per quintal
- Production Cost: ₹3,537 per quintal
- Profit: ₹3,163 per quintal (89% margin)
- Wheat
- MSP for 2025-26: ₹2,425 per quintal
- Production Cost: ₹1,182 per quintal
- Profit: ₹1,243 per quintal (105% margin)
Farmers should carefully evaluate the costs and expected returns of each crop before planning their Rabi season. Avoiding low-profit crops like safflower and barley in favor of high-return crops such as mustard, wheat, and lentils will ensure better earnings and financial stability. Additionally, crop combinations can provide better soil health and balanced income throughout the season.
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