Good News for Soybean Farmers: Price Rises to Rs 6,000 Per Quintal

Soybean prices have surged to Rs 6,000 per quintal, offering farmers a lucrative selling opportunity amid fluctuating market conditions.

By Robin Kumar Attri

Feb 05, 2025 13:35 pm IST

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Good News for Soybean Farmers: Price Rises to Rs 6,000 Per Quintal

Key Highlights

Soybean prices hit Rs 6,000 per quintal in Central India.
Prices in some markets range from Rs 4,000 to Rs 4,600 per quintal.
Market fluctuations are expected, with minimal future price increases.
Farmers with old stock may benefit from selling now.

In a significant development for soybean farmers, prices have recently surged, reaching up to Rs 6,000 per quintal in Central India. This price rise offers a promising opportunity for those cultivating soybeans, as market dynamics fluctuate. Here’s a closer look at the current soybean prices across various markets and what to expect in the near future.

Current Soybean Prices Across Major Markets

Prices in Madhya Pradesh

Mandi	Price (Rs per Quintal)
Kalapipal	6,000
Ashoknagar	4,335
Badnagar	4,403
Badnawar	4,420
Betul	4,451
Dewas	4,412
Dhar	4,392
Hatpipliya	4,346
Indore	4,370
Javra	4,400
Khargone	4,300
Khategaon	4,340
Neemuch	4,419
Rajgarh	4,300
Ratlam	4,361
Sagar	4,525
Tarana	4,560
Timarni	4,400
Ujjain	4,401

Prices in Rajasthan

Mandi	Price (Rs per Quintal)
Khanpur	4,399
Atru	4,264
Baran	4,250
Bhawani	4,310
Chhipabaraud (Chhabda)	4,390
Kawai Salpura (Atru)	4,215
Nahargarh	4,305
Pratapgarh	4,275

Prices in Maharashtra

Mandi	Price (Rs per Quintal)
Gangakhed	4,600
Akola	4,320
Aurad Shahjani	4,315
Deulgaon Raja	4,271
Jamkhed	4,300
Lasalgaon (Vinchur)	4,348
Ner Parsopant	4,310
Partur	4,326
Sillod	4,300
Solapur	4,340
Umred	4,350
Washim (Ansing)	4,300

Prices in Gujarat

Mandi	Price (Rs per Quintal)
Jamnagar	4,615
Amreli	4,095
Bagsara	4,030
Bhesan	4,000
Dahod	4,375
Dhoraji	4,130
Jasdan	4,160
Jetpur (District Rajkot)	4,105
Junagadh	4,210
Kodinar	4,270
Veraval	4,255

Future Market Trends

Market experts anticipate only minimal fluctuations in soybean prices in the immediate future. Given the current market conditions, significant price hikes are unlikely. Farmers holding onto old stock should consider selling now to take advantage of the higher prices. However, there might be a slight increase in prices around the festive season, affecting both soybean grains and oil.

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CMV360 Says

With soybean prices reaching new heights, farmers are advised to act strategically. While the current price trend offers a favorable opportunity, the market is expected to stabilize soon. Keeping an eye on price changes and market forecasts will help farmers make informed decisions and maximize their profits.

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