India approves MSP increases for 14 Kharif crops for 2026–27 marketing season
Agri procurement teams must update Kharif crop price floors for 2026–27
Change
India approved revised Minimum Support Prices for 14 Kharif crops for Marketing Season 2026–27, setting new crop-wise support-price floors.
Why it matters
The approval fixes the support-price baseline for India’s 2026–27 Kharif procurement cycle. Pulses, oilseeds, cotton and cereals now carry updated MSP floors that will shape procurement planning, crop economics, inventory assumptions and agri-commodity pricing. Market participants must update price models before procurement and sowing decisions are locked around the new season.
Implications
- — Government procurement agencies must update Kharif procurement price schedules for all 14 covered crops before Marketing Season 2026–27 operations begin.
- — Agri processors, commodity buyers and traders must revise purchase-price assumptions for pulses, oilseeds, cotton and cereals against the new MSP floors.
- — Farm lenders and crop-planning teams must update income, acreage and working-capital assumptions for crops with the largest MSP increases, including sunflower seed, cotton, nigerseed and sesamum.
Who is affected
- — Government food and crop procurement agencies
- — Agri processors, commodity traders and crop buyers
- — Farm lenders and agricultural planning teams
What to watch
- — Marketing Season 2026–27 — the approved MSP schedule applies to Kharif crop procurement for this season.
- — Highest MSP increases — sunflower seed ₹622 per quintal, cotton ₹557, nigerseed ₹515 and sesamum ₹500 over 2025–26.