Moong drops below MSP even as arrivals begin in north Karnataka.

As the new kharif moong (green gram) hits the markets in North Karnataka, prices of the pulses crop are trading lower at around 5,100 a quintal, much lower than the minimum support price of ?6,975 announced by the Centre. In fact, the prevailing prices in the State are also lower than last year’s support price of 5,575/quintal, growers said, while demanding that the government spell out the procurement strategy for the season and begin purchasing from the markets.