Soybean Rate: An important update has come out for soybean farmers in the state. Now the soybean market is slowly picking up and due to this there is a big satisfaction on the face of the farmers as well. Soybean is an important crop in the state of Marathwada and Vidarbha.

Madhya Maharashtra also cultivates this crop on a large scale and the farmers are also getting good income from this crop. But the past few years have been disappointing for the soybean crop.

The reality is that farmers are not getting the expected income from this crop. Firstly, the per acre productivity of soybean crop is continuously decreasing and secondly, the goods produced are not fetching the expected price in the market.

For the past two years, soybeans have fetched less than the guaranteed price in the market and this has left farmers in debt. This is the reason why the area under soybean cultivation has decreased this year.

On the other hand, heavy rains have also hit the soybean crop this year and the soybean market is booming now that there is a possibility of a huge decrease in production due to this. Meanwhile, soybeans fetched a price of Rs 8200 per quintal in a big market in the state today.

Highest rates available in this market

Nagpur Agricultural Produce Market Committee: The highest price of soybeans in Nagpur market today was reported on the official website of Maharashtra State Marketing Corporation.

Local soybeans were received in Nagpur APMC today and here soybean fetched minimum rate of Rs.8000, maximum of Rs.8200 and average rate of Rs.8150.

Devani Agricultural Produce Market Committee: 217 quintals of yellow soybeans were received in this market and here today soybean fetched a minimum price of Rs.4 thousand three hundred, a maximum of Rs.4726 and an average price of Rs.4513 per quintal.

Babulgaon Agricultural Produce Market Committee: It was reported that fourteen hundred quintals of yellow soybeans were received in this market today. In this market, soybean fetched a minimum price of Rs 3301, a maximum of Rs 4695 and an average of Rs 4201 per quintal.

Chikhli Agricultural Produce Market Committee: In this market, yellow soybeans fetched a minimum price of Rs 3850, a maximum of Rs 4851 and an average price of Rs 4 thousand 350.

In other markets, the price was Rs. 4,500 per quintal

Soybeans fetched satisfactory prices in most of the markets in the state today. In many places, soybeans have fetched a maximum price of Rs.4,500 per quintal. The average market price of soybeans today also ranges between Rs 4,200 per quintal to Rs 4,500 per quintal.