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Soybean market rates in Madhya Pradesh, will prices rise or fall

Soybean market price
Soybean market price

There is no indication of a significant rise in soybean prices in the markets of Madhya Pradesh. If the weather clears up soon, the arrival of the new soybean crop is expected to increase from next week, which may bring more stability to the market.

Soybean market price today:

 

Mandi Center Arrival (in Tons) Type Minimum Price (₹/Quintal) Maximum Price (₹/Quintal) Modal Price (₹/Quintal)
Dewas 574.53 Soybean ₹ 500 ₹ 4,651 ₹ 4,200
Indore 519.15 Soybean ₹ 635 ₹ 4,700 ₹ 4,200
Neemuch 324.55 Soybean ₹ 2,300 ₹ 4,725 ₹ 4,601
Ujjain 256.15 Soybean ₹ 3,400 ₹ 4,613 ₹ 4,590
Mandsaur 161.51 Soybean ₹ 2,001 ₹ 4,715 ₹ 4,400
Sehore 150.94 Yellow ₹ 2,702 ₹ 4,555 ₹ 4,400
Damoh 49.77 Soybean ₹ 4,020 ₹ 4,435 ₹ 4,300
Chhindwara 46.55 Yellow ₹ 4,150 ₹ 4,330 ₹ 4,270
Rajgarh 44.81 Soybean ₹ 4,102 ₹ 4,102 ₹ 4,102
Harda 33.55 Soybean-Organic ₹ 3,700 ₹ 3,700 ₹ 3,700
Vidisha 33.31 Soybean ₹ 3,310 ₹ 4,565 ₹ 4,440
Daloda 30.77 Soybean ₹ 2,831 ₹ 5,000 ₹ 4,651
Khargone 29.02 Soybean ₹ 4,000 ₹ 4,363 ₹ 4,200
Shyamgarh 21.78 Soybean ₹ 3,400 ₹ 4,470 ₹ 4,200
Shajapur 20.94 Soybean ₹ 2,655 ₹ 4,526 ₹ 4,526
Sitamau 13.48 Soybean ₹ 2,400 ₹ 4,650 ₹ 4,451
Narsinghpur 13.34 Yellow ₹ 4,000 ₹ 4,500 ₹ 4,300
Rahatgarh 5 Yellow ₹ 4,050 ₹ 4,100 ₹ 4,100
Pipliya 4.69 Soybean ₹ 3,630 ₹ 4,578 ₹ 4,578
Nasrullaganj 2.92 Soybean ₹ 4,191 ₹ 4,350 ₹ 4,350
Ichhawar 2.05 Soybean ₹ 4,260 ₹ 4,501 ₹ 4,301
Pipariya 1.3 Soybean ₹ 2,700 ₹ 4,000 ₹ 4,000

 

Market Conditions:

  1. Possibility of Price Rise: While the arrival of new soybeans is expected to increase, there is currently no expectation of a significant price rise in the market.
  2. Farmers' Demand: Farmers in Madhya Pradesh are protesting for a price increase, which may affect the market in the coming days.

The weather remains favorable and new arrivals continue smoothly, stability can be expected in the market. However, the situation may change due to the farmers' protests and demands.

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