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Latest Soybean Price Today in Maharashtra (23 February, 2025)

Soybean Price Today in Maharashtra
Soybean Price Today in Maharashtra

Dear Farmers, today, fluctuations in soybean prices were observed in Maharashtra’s key mandis. While prices remained stable in some markets, others recorded an upward trend. As per the latest mandi price updates, strong demand in certain markets has led to firm prices. However, in some mandis, stability in rates has not resulted in significant profits for farmers. If you are planning to sell soybeans, keeping an eye on mandi prices is crucial. Let’s take a look at the latest soybean prices and the current market scenario in different mandis across Maharashtra.

Soybean Prices in Akola Mandi:

Akola Mandi, the total arrival of Yellow Variety Soybeans was recorded at 269 tons today. The minimum price stood at ₹3,450 per quintal, the maximum at ₹4,075 per quintal, and the model price at ₹4,000 per quintal. Prices in this mandi remain balanced compared to others, ensuring fair profitability for farmers.

Soybean Prices in Amravati Mandi: Amravati Mandi, the total arrival of other varieties of soybeans was 411.3 tons. The minimum price stood at ₹3,750 per quintal, the maximum at ₹3,901 per quintal, and the model price at ₹3,825 per quintal.

Soybean Prices in Hinganghat Mandi: Hinganghat Mandi recorded a total arrival of 179.9 tons of Yellow Variety Soybeans today. The minimum price was ₹2,800 per quintal, the maximum was ₹4,060 per quintal, and the model price was ₹3,800 per quintal. Significant fluctuations were observed in soybean prices in this mandi.

Soybean Prices in Washim Mandi:

Washim Mandi, the total arrival of Yellow Variety Soybeans was 240 tons. The minimum price stood at ₹3,805 per quintal, the maximum at ₹4,045 per quintal, and the model price at ₹3,950 per quintal. Prices here remained at a moderate level, providing stable returns to farmers.

Soybean Prices in Solapur Mandi: Solapur Mandi, the total arrival of other varieties of soybeans was 9.7 tons. The minimum price stood at ₹3,685 per quintal, the maximum at ₹4,075 per quintal, and the model price at ₹4,000 per quintal. Prices in this mandi remained relatively stable, offering a good selling opportunity for farmers.

Soybean Prices in Sangli Mandi: Sangli Mandi, the total arrival of other varieties of soybeans was 10 tons. The minimum price was ₹4,892 per quintal, the maximum was ₹5,100 per quintal, and the model price was ₹4,996 per quintal. Prices in this mandi were the highest among all, promising better profits for farmers.

Key Insights for Farmers and Traders:

  1. Highest Price: The highest price was recorded in Sangli Mandi at ₹5,100 per quintal, indicating strong demand in this market.
  2. Lowest Price: The lowest price was observed in Hinganghat Mandi at ₹2,800 per quintal, likely due to higher arrivals affecting price stability.
  3. Stable Prices: Prices remained steady in Akola, Amravati, Washim, and Solapur mandis, suggesting that farmers need to strategize their sales accordingly.

Soybean prices showed fluctuations across different mandis in Maharashtra. While Sangli Mandi offered the highest prices, Hinganghat recorded the lowest rates. Farmers should focus on maintaining the quality of their produce and selecting the right market to maximize their profits.

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