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The government is set to announce minimum support prices for 23 kharif crops, with farmers already facing higher costs. Fuel prices rose in May and June, and farmers report rising costs for agricultural rentals and agrochemicals, with projected input cost increases of 5-25 percent.
Rising input costs erode the gains from MSP increases, which may keep farmers' margins thin and affect planted acreage and crop supply. Higher diesel and input costs can also push up feed grain production costs over the season.
downtoearth.org.inKiran PandeyJun 27, 2018After 90 past bullish policy events, ULSD / Diesel moved a median +1.4% over 5 sessions (66% higher; middle half -1.9% to +4.1%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
