Work out minimum support price benefit instantly with clear inputs, formula shown and shareable results.
Selling at the minimum support price only pays if the MSP net of the extra cost of reaching and queueing at the procurement centre beats the local market price. Netting the per-quintal selling cost off the MSP and comparing with the mandi rate gives the real gain per quintal and for the whole lot.
MSP benefit
Net MSP = MSP - selling cost per quintal; benefit = (net MSP - market price) x quantity
Extra freight to the procurement centre, cleaning and grading to meet fair average quality, gunny bags if not supplied, waiting time and any deduction for moisture.
Then MSP is irrelevant — sell in the market. MSP is a floor, not a ceiling, and in surplus years the market often trades above it for good quality.