The dawn of the 20th century brought a new tide of revolution for India’s Independence. Along with this, it also brought several ideas of self-sustenance in the field of agriculture. These ideas were based mostly on localized economic models. But eventually with the existing imperialistic system in place, the ideas of consumerism and free trade got rooted in the field of agriculture as well.
Today the APMC Act, first enacted in 1963, regulates the agricultural market produce in the country. Under this act, the state government notifies commodities and designates market areas where the actual trade of agricultural commodities takes place. These agricultural marketplaces are known as mandis.
On a regular mandi day, most top-selling agricultural commodities are sold early in the morning. Here, commission agents sell their procured produce to the buyers. A certain percentage of the selling price is taken by them as their commission. The selling price of the commodities is decided by the supply and demand of those commodities.
The top-selling products in the mandis vary significantly in accordance with the Kharif or Rabi season. But over a year on average, the top-selling products in mandis are paddy, bajra, barley, wheat, maize, jowar, rajma, urad dal, tur dal, Kabuli chana, moong dal, and basmati rice in food grains.
In fruits, the top-selling commodities are bananas, apple, mango, orange, kinow, watermelon, muskmelon, papaya, ber, and amla.
In vegetables, the top-selling items are cabbage, capsicum, brinjal, cauliflower, ginger, onion, tomato, potato, peas, bottle gourd, cucumber, okra(bhindi), carrots, garlic, green chilies, spinach, and coriander leaves.
In spices, ajwain, turmeric, black pepper, cumin, cardamoms, red chillies, dry ginger, and tejpatta. Castor seeds, cotton seeds, rapeseed, mustard seeds, linseeds, soyabean, sunflower seeds, sesame seeds neem seeds, and sal seeds are the top ones in oilseeds.
Other miscellaneous items include coconut, sugarcane, bamboo, marigold, groundnuts, cashew nuts, raisins, nutmegs, lily, ritha, cotton, tamarind, and walnuts in the shell.
Tracking these top-selling commodities
Our history has precise evidence which shows that commodities being sold in the markets were tracked and recorded. Even though it was difficult back then, the demand and supply of certain commodities gave a clear view of the demand and supply chain in existence.
Today, with the help of technology, it has become possible to track every commodity’s demand and supply in the market. In the fast-changing scenario, it has become important for agriculturists, commission agents, traders, wholesalers, and retailers to make their records clear and precise to gain maximum profits in each season of the year.
Efficient platforms like ChargeERP accounting platform have greatly helped the commission agents and merchants to keep and share records of commodities purchased and sold the most in mandis. To know more, sign up at www.chargeerp.com or dial +91 9311341199 and book your free demo today!