Soybeans are crucial in various industries, serving as essential components in the production of oil and animal feed. Today, on March 7, 2024, we will provide accurate and precise information about the arrival and prices of soybeans in various markets of Madhya Pradesh.
Bhopal, 10.39 tons of soybeans have arrived, categorized as soybeans. The minimum and maximum prices remained stable at Rs 4,012 and Rs 4,369 per quintal, respectively, while the modal price is recorded at Rs 4,369 per quintal.
A significant quantity of soybeans has arrived at the Harda market, with 586.05 tons of yellow soybeans recorded. Prices ranged from a minimum of Rs 2,000 per quintal to a maximum of Rs 4,375 per quintal, with a modal price of Rs 4,200 per quintal.
Soybean Market Rates in Indore: the Fruits and Vegetables (F&V) market of Indore, 155.28 tons of soybeans were recorded. Prices ranged from a minimum of Rs 2,800 per quintal to a maximum of Rs 4,561 per quintal, with a modal price of Rs 4,290 per quintal.
Soybean Market Rates in Neemuch: Neemuch, 226.32 tons of yellow soybeans have arrived. Prices started at Rs 4,171 per quintal and reached a maximum support price of Rs 4,600 per quintal, with a modal price of Rs 4,299 per quintal.
Soybean Market Rates in Sehore: Finally, in the Sehore market, 237.12 tons of yellow soybeans have arrived, with prices ranging from a minimum of Rs 2,151 per quintal to a maximum of Rs 4,520 per quintal, and a modal price of Rs 4,211 per quintal.
Conclusion: It is evident from these figures that soybean market prices have remained stable in various markets of Madhya Pradesh. This information, along with entrepreneurship, can have a positive impact on the industry and assist producers in making better decisions.
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