Soybean is a crucial crop among oilseeds in India, with farmers and traders playing a significant role in its cultivation and trade. Analyzing the arrivals and prices of soybeans in various mandis of Madhya Pradesh on July 9, 2024, is essential for farmers and traders to make informed decisions. Here is the detailed information from different mandis:
Dewas Mandi, a substantial arrival of 826.96 tons of soybeans was observed today. The "other" variety of soybean had uniform minimum, maximum, and modal prices, all at ₹4479 per quintal.
Indore Mandi: Indore Mandi witnessed the arrival of 459.54 tons of "organic soybeans." The minimum price in Indore was ₹2250 per quintal, while the maximum price reached ₹4615 per quintal. The modal price was ₹4200 per quintal.
Mandsaur Mandi: Mandsaur Mandi recorded an arrival of 205.44 tons of soybeans today. The minimum price for soybeans in Mandsaur was ₹1980 per quintal, with a maximum price of ₹4500 per quintal. The modal price was ₹4480 per quintal.
Khargone Mandi: Khargone Mandi, 74.79 tons of soybeans arrived today. The minimum price was ₹3600 per quintal, while the maximum and modal prices were both ₹4420 per quintal.
Neemuch Mandi: Neemuch Mandi saw an arrival of 473.92 tons of soybeans. The minimum price in Neemuch was ₹1900 per quintal, and the maximum price was ₹4653 per quintal. The modal price stood at ₹4400 per quintal.
Obedullaganj Mandi: Obedullaganj Mandi, 5.1 tons of soybeans arrived today. The minimum, maximum, and modal prices were all uniform at ₹4140 per quintal.
Conclusion: Analyzing the arrivals and soybeans prices in various mandis of Madhya Pradesh on July 9, 2024, reveals that soybean prices vary based on variety and quality. Farmers and traders can use this information to make informed trading decisions, maximizing their profits.
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