In early 2026, prices of key pulses such as tur (pigeon pea), urad (black gram), and chana (chickpea) have shown a noticeable upward trend across major markets in India. After a prolonged period of subdued rates, these essential staples are now trading closer to, and in some cases reaching, their Minimum Support Price (MSP), offering relief to farmers who had been grappling with lower returns in previous seasons.
The recent price rise is largely attributed to tighter supply conditions, lower stock levels, and steady domestic demand. Erratic weather patterns during earlier sowing seasons also affected crop output, contributing to reduced availability in the market. Additionally, procurement efforts by government agencies have helped stabilize prices and prevent distress sales by farmers.
Market experts note that the strengthening of pulse prices is a positive development for the agricultural sector, especially for small and marginal farmers who depend heavily on these crops for their livelihood. However, the increase may also have implications for retail inflation, as pulses are a key component of the Indian diet. Consumers in urban and rural areas alike may begin to feel the impact of rising prices in the coming months, prompting policymakers to closely monitor the situation. Measures such as calibrated imports, buffer stock releases, and continued procurement at MSP levels may be used to balance farmer interests with consumer affordability. Overall, the recovery in pulse prices signals a shift in market dynamics after a phase of decline, reflecting both supply-side constraints and sustained demand in the country.
