Rapeseed-mustard is the second most important edible oilseed crop in India after groundnut. Mustard is one of the major sources of oil and meal to India. Mustard oil is traditionally the most important oil for the Northern, the Central and Eastern parts of the country. Major mustard producing states in country are Rajasthan, accounting more than 50% of its production followed by Uttar Pradesh, Haryana, Madhya Pradesh and Gujarat. Peak arrival period for mustard seed is between February & May. Thereafter, its arrivals start declining and least in the month of October. Delhi and Hapur are the major markets for mustard in India and the prices of these markets serve as 'reference' for other subsidiary markets. Mustard is important edible oilseed, oil content of the seeds ranges from 38- 46%. The seed and oil are used as a condiment in the preparation of pickles and for flavouring curries and vegetables. The oilcake is mostly used as cattle feed. The leaves of young plants are used as a green vegetable. The use of mustard oil for industrial purposes is limited on account of its high cost.In Rajasthan; the major mustard producing districts are Alwar, Bharatpur, Kota, Jaipur, Sri Ganganagar and Hanumangarh. The primary use of mustard seed is for extracting oil while the seeds are also used as condiment in pickles, meat and salad dressings. The seeds when crushed yield around 27-33 percent of oil. The prevailing mustard prices range between Rs. 3800 to Rs. 4100 per quintal which is more than the minimum support price. Mustard sowing commences from October and continues till mid of December. Harvesting of the crop starts from mid February and market arrivals will start from February end. To help the farmers in taking a sowing decision on Mustard, an attempt has been made to forecast the price that could prevail at the time of harvesting i.e., during March April 2013. The Agricultural Market Intelligence Centre (AMIC) functioning in Department of Agriculture Economics and Management, MPUAT, Udaipur collected and analysed the modal prices of mustard that prevailed in Bharatpur market during last twenty years. Also an opinion survey of mustard traders was conducted. Based on the analysis and market survey it is forecasted that mustard seed (42% oil content) prices may hover around Rs. 3800-4000 per quintal in the months of March-April 2012 subject to the existing import-export policy of the Govt. (S.S. Burark) CCPI (NAIP)