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In this latest market update dated January 23, we present a comprehensive overview of soybean-related details across various markets in Madhya Pradesh. The report encompasses information on arrivals, soybean varieties, and price fluctuations, crucial for stakeholders in the agriculture and allied industries. Let's delve into the specifics of the soybean market focusing on Devas, Harda, Tarana, and Pandhana, key centers in Madhya Pradesh.
Devas witnessed an arrival of 1.35 tons of soybeans, fetching a price of Rs 4550 per quintal. This stability in prices reflects a well-balanced market in Devas, serving as a reliable benchmark for both buyers and sellers.
In Harda, arrivals of yellow soybeans totaled 108.22 tons, with prices fluctuating between Rs 4500 and Rs 4725 per quintal. The modal price remained steady at Rs 4650 per quintal, indicating potential market activities and variations in quality.
Tarana experienced an arrival of 16.15 tons of soybeans, showcasing a minimum price of Rs 4580, a maximum of Rs 4730, and a modal price of Rs 4580 per quintal. These figures underscore a well-balanced and competitive market in Tarana, emphasizing the importance for market participants to make strategic decisions based on these price perceptions.
In Pandhana, arrivals of yellow soybeans amounted to 6.24 tons, with prices ranging from Rs 4540 to Rs 4560 per quintal. The modal price remained constant at Rs 4540 per quintal, influenced by market dynamics and variations in quality.
Conclusion: This Soyabean Mandi Prices in Madhya Pradesh, on January 23, 2024, succinctly summarizes arrivals, varieties, and market prices. Stakeholders can leverage this information for well-informed decision-making, tailoring their market strategies and contributing to the prosperity of the state's agriculture sector. Stay tuned for ongoing monitoring and analysis of market trends in and around Madhya Pradesh.
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