Spot Mustardseed prices soared today. Traders are worrying that the rainfall in Rajasthan can arrest the supplies to major trading centres. Next few days would offer an assessment of the status of the crop. As per the latest estimate from Mustard Oil Producers Association (MOPA), the total mustard seed crop is likely to be around 57.40 lakh tonnes in 2014-15 against 65 lakh tonnes of last year in the same period. The commodity is quoting at Rs 3760 per quintal in Jaipur, up Rs 80 per quintal on the day.
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