Mustard Seed Futures Closed Lower

Mustard seed futures closed lower last week on good physical supplies from the last season crop and improved sowing progress in Rajasthan. The Jan’17 contract ended about 0.03% down to settle at Rs. 4,370/quintal. As per agriculture ministry data, Country’s mustard acreage in the ongoing rabi season touched 68.2 lakh hectares (lh) as on Dec 23 up 13.5% from a year ago.

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