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Today soybean market rates, find out what the rates are in the markets of Madhya Pradesh. Soybean, a versatile oilseed rich in protein and essential nutrients, holds significant importance in India's agricultural landscape. In this article, we will examine the recent arrivals and prices of soybeans in Madhya Pradesh to provide valuable information to consumers and traders.
Soyabean Market Rates Today in Mandsaur: A supply of 8.92 tons of soybeans has been recorded in Mandsaur. The price range for soybeans in the Mandsaur market is from ₹4350 to ₹4500 per quintal, with ₹4350 being the modal price. With sufficient arrivals like this, Mandsaur serves as an important market in Madhya Pradesh, ensuring stable supply and competitive prices for stakeholders.
A supply of 3 tons of soybeans has been recorded in Alirajpur. The minimum, maximum, and modal prices are all the same in this market. The price of soybeans remains steady at ₹4000 per quintal, indicating stability in prices despite limited arrivals.
Soyabean Market Rates Today in Chanderi: A supply of 2.2 tons of soybeans has been recorded in Chanderi. Similar to Alirajpur, the minimum, maximum, and modal prices are all the same in this market. The price of soybeans is ₹4380 per quintal, slightly higher compared to other markets, indicating competitive prices for Chanderi soybeans, fulfilling local demand despite lower arrivals.
Conclusion: The soybean market rate today in Madhya Pradesh, from Alirajpur to Mandsaur, presents prices influenced by factors such as arrivals, quality, and demand-supply dynamics in each market. Understanding these trends is crucial for informed decision-making and ensuring a sustainable soybean industry contributing to the overall growth of agriculture in Madhya Pradesh.
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