Soybean

Indian Soybean News

• MP Cabinet Approves Hike in Soybean MSP to Rs 4,800; Awaits Centre's Nod

  MP government is urging the Centre to raise the Minimum Support Price (MSP) for soybean from Rs 4,000 to Rs 4,800 per quintal to ensure fair compensation for farmers. The proposal, approved by the cabinet, now awaits Centre approval.…

• Indian Oilmeal Exports Rise by 30% in April-October, Driven by Revival in Soya Shipments and Surge in Rapeseed Meal

  The surge in rapemeal consignments contributes to the uptrend.…

• India-Argentina Relationship Steers Soybean Trade, Shaping a Common Agricultural Destiny

  India and Argentina's escalating partnership in soybean trade holds the promise of a prosperous future for both nations, driven by collaboration and shared agricultural goals.…

• Soybean Crop Suffers Minor Setback, New Harvest Arrival Delayed by Two Weeks

  India's soybean crop is delayed but generally in normal condition, with some potential yield losses due to moisture stress and pest issues.…

• Record-Breaking Soybean Supply and Demand Figures Unveiled For 2022-2023

  The new estimates indicate an upward revision to 5.50 lakh tons, a 10% increase from the earlier projection of 5 lakh tons of soybean oil imports.…

• Soya Sector Teams Up with Arya.ag's Satellite Tech for Accurate Crop Surveys

  Arya.ag partners with SOPA to utilize satellite surveillance and AI technology for enhanced soybean crop monitoring across 51 districts in India, aiming to boost productivity, resource efficiency, and sustainability in the soybean value chain.…

• Global Soyabean Prices May Moderate on Record Supplies, Says USDA

  Global soyabean prices are projected to moderate in the 2023-24 period due to increased production in Brazil and Argentina, slowing demand growth in China, economic challenges in major importing countries, and ample soyabean supplies, according to analysts and the USDA.…

• Soyabean Acreage Likely to Reduce as Maharashtra and Madhya Pradesh Cut Area

  Soyabean acreages witnessed an 18% decline overall as of July 9; Rajasthan and Gujarat experienced a significant rise of 50% and 49% respectively, while Maharashtra and Madhya Pradesh reported a substantial decrease of 58% and 4% compared to last year.…

• FMC Corporation Introduces Innovative Soybean Herbicide and Spray Services in Madhya Pradesh

  New Galaxy NXT herbicide features a dual mode of action technology to control grasses and broadleaf weeds in soybean crops.…

• Steps To Grow Bean Sprouts in a Jar

  Sprouts refer to seeds of grain or legumes that are germinated. Sprouts are considered a superfood as they are packed with protein, calcium, fibre, vitamins, and minerals. In this article, we will discuss steps to grow them in a jar from the comfort of your…

• SOPA Releases Soybean Health Report, Says Yellow Mosaic Not a Threat in Several States

  Most crops are currently in the flowering and pod-forming stages. Soybean fields are mostly weed-free, and no significant insect or disease problems are present.…

• USDA Lowers Average Soybean Price Forecast; Raises Ending Stock Estimate

  The estimate for US soybean yield was raised to 51.9 bu/acre, higher than the July estimate of 51.5 bu/acre.…

• Gram Unnati & Baran KVK Conduct Training Camp for Soyabean Farmers

  The team from Gram Unnati along with specialists from Krishi Vigyan Kendra (Anta) decided to organize a training session on Soybean with an emphasis on the agronomical practices to be followed for effective and timely management and control of pests & diseases in the crop.…

• Soybean Market Review: Domestic Markets Down, South American Harvest Almost Complete

  Negative cues from the major overseas edible oil markets, coupled with depreciating rupee and pressure in crude oil had been the bearish price drivers right from the beginning of June month. Harvesting of South American crops had added to the weak undertone.…

• Premium for US Soyabean Oil Increasing as Industrial Demand Rises

  Soybean oil and petroleum prices have risen dramatically this year. Soybean oil prices are up more than 30% in the United States and 20% in South America this month. Petroleum prices, on the other hand, have risen by 45 percent during the same time period,…

• ICL India Expert’s Advice on Nutrient Management in Soybean Cultivation

  Soybean is cultivated in 121 lakh hectares all over India, out of which Madhya Pradesh (55.580 lakh hectares) is the largest. Apart from Madhya Pradesh, it is also cultivated more in Maharashtra and Rajasthan.…

• Commerce Ministry Issues Guidelines for Allocating TRQ for Crude Soybean & Sunflower Oil

  To reduce domestic prices, the government has exempted 20 lakh metric tonnes of crude soyabean oil and crude sunflower oil imports from customs duty and agriculture infrastructure development cessation.…

• ICAR Develops New “Climate- Smart” Soyabean Varieties for Cultivation

  Six soybean cultivars suited for growth in three agro-climatic zones of the country have been identified by the committee.…

• Experts: India Needs to Increase Soybean Productivity for Achieving Self-sufficiency in Edible Oils

  Sanjeev Gupta emphasized the current state of the soybean seed replacement rate, which is low in comparison to other crops, as well as the necessity to popularize location-specific new varieties.…

• Soybean: Common Diseases & Insect, Pests and Its Management

  Soybean is an annual plant that grows for only one season and can reach heights of 0.2–1.5 m. Soybean, also known as Soyabean or soya, is a plant native to Northeast China.…

• Soybean: Nutritional Value, Health Benefits & Popular Soybean Products

  Soybean is the world's most valuable bean not only from an economic point of view, it also provides vegetable protein to millions of people and ingredients for hundreds of chemical products. Continue reading to know more.…

• SOPA Opposes Import of GM Soybean Meal to Protect Farmers' Interests

  Jain stated that the poultry industry has projected a demand for 90 lakh tonnes (lt) of soybean meal, which is completely incorrect and unsupported by facts. "This inflated demand is being given only to make a case for imports," he said, adding that at the…

• Central Teams Found Large Hoardings of Soyabean & Mustard Seeds in Madhya Pradesh

  State governments have been asked to implement corrective measures in accordance with the relevant sections of the EC Act. In the remaining five states, inspection is still taking place.…

• How Govt of Maharashtra Sowed Seeds of Prosperity for Soybean Farmers

  Doke now has 42 quintals of soybean to sell as a result of the second soybean crop, at a time when wholesale market prices in Maharashtra and Madhya Pradesh, the country's two largest soybean-producing states, range between Rs 7,200-7,500/quintal. This represents a significant premium over…

• Edible Oils Supply Shortage: SOPA Recommends India To Build Buffer Stock

  SOPA said that India should build a buffer stock of edible oils equal to 10% of the country's demand as the lack of edible oil supply from imports because of the war between Russia and Ukraine will be around 2 lakh tones of sunflower oil…

• Soymeal Demand Slowing in China

  The economic factors are contributing to slowing soybean meal demand in China. Reports say that the lower pace of the Chinese economic growth has impacted domestic meat demand, specifically chicken and pork, and consequently, production.…

• Understanding Crushing and Crush Spread Margins of Soybean

  The term “crush” is derived from the soybean processing sector where soybeans are crushed to produce oil and meal. This oilseed is processed into soybean meal and soybean oil through a process known as crushing.…

• SEBI Suspends Futures Trading of 5 Agri Commodities

  Market regulator Securities and Exchange Board of India (SEBI) had banned futures trading in five more commodities on Monday. The derivative contracts in paddy (non-basmati), wheat, soya bean and its derivatives (complex), crude palm oil and moong were suspended with immediate effect, as per the…

• Soybean Oil Crosses 1400 in 2021: Currently Lower Than December 2020 Level

  The traded offers of soy oil are down nearly 2 percent when compared with the average prices prevailing during December 2020. Soy oil prices have increased to an unprecedented high in the country. There was a significant improvement in purchasing interest amongst global players for…

• Soybean Finishes On Strong Note in 2021; What Will Happen In 2022?

  Soybean has shown a massive escalation in 2021 and this price behavior was prominent between the months of February and August. The oilseed had attained record highs, surpassing the 10000 level!! For soybeans it was an interesting story during the later part of 2021, since…

• These Factors Are Posing Challenges For Soya-bean Industry of Argentina

  The recent developments in Argentina’s soybean industry have posed some challenges for the soy complex market of the country. Brazil and the US are expanding soybean planted areas and production. However Argentina, the third largest soybean producing country in the world is experiencing a negative…

• Bird’s Eye View for Indian Soybean Oil Market

  Soy oil prices have shown recovery in the past few days. Yet the traded offers are down nearly 15 percent when compared with the average prices prevailing during May 2021.…

• USDA’s Latest Supply & Demand Summary for Cotton & Soy Complex

  Soya oil finished lower on Tuesday. Traders and speculators waited for fresh cues from the November month’s USDA report. The data released from USDA indicated lower production for US soybean for 2021/22 and exports, followed by a rise in the ending stock estimates (data compared…

• US Agriculture Department Raises Corn Harvest View, Lowers Soy Production Outlook

  As of November 1st, this year’s U.S. soybean crop is seen at 4.425 billion bushels, 1% less than October following a cut in yield to 51.2 bushels per acre, but 7% more than 2020. Corn is projected at 15.062 billion bushels, up modestly on the…

• India’s Soybean Price Outlook for November 2021

  Soybean has fallen by nearly 50 percent since August 2021, as spot farmers and stockists offloaded their stocks in heavy quantities against record high prices. The price control measures such as allowing soymeal imports, and applying of stock limits in oilseeds also contributed to the…

• India's Approval for Soymeal Imports - A Timely Decision by Government

  Soymeal prices have rocketed to unprecedented highs in the country. There has been a massive price escalation in soybean (which is processed to produce soymeal) because of acute shortage of soybean in the supply line. The price rise was considered to be unsustainable by the…

• Why Farmers in Madhya Pradesh are Destroying Soyabean Crops

  Due to the continuous rains in Mandasur, Madhya Pradesh, soyabean crops have been damaged. Hence now farmers are also destroying their soyabean crops because they do not contain legumes in Gudbheli Badi village.…

• Soybean Above 10000 Justified: NCDEX Futures Continues Offering Hedging Opportunities

  It has been really an impressive year for the entire value chain participants of soybean, including our farmers. Prices have surpassed the 10,000 level in soybean for the first time. Nobody had thought that prices would move to such a level, especially during the first…

• 7 Soy Recipes That Are Mouth-Watering And Easy To Make

  Soybean is considered one of the least expensive sources of dietary protein. The nutritional profile of soybean is almost similar to that of animal protein and is considered a good substituent for animal protein. Here is a list of super-easy dishes you can prepare with…

• Top Varieties of Soybean in Madhya Pradesh

  India ranks fourth in respect to the production of soybean in the world. Not only this, many farmers are dependent on soybean farming, and it serves as a lifter of farmers’ economic status. Talking about the major soybean-growing states, Madhya Pradesh ranks first in the…

• Soybean Markets Maintain Upward Trend – Inventory Situation Remains Tight

  Soybean had ended the week on a positive note. Market was supported in last few days mainly because of positive trade advises from overseas edible oil markets, in addition to tightening inventory situation in the country.…

• Commodity Basics: What are Commodities and Commodity Futures?

  A commodity can be defined as a class of goods for which there is a demand and which is supplied without qualitative differentiation across states, regions or countries. They are of uniform quality and produced in large quantum. Commodities are marketable that are fully or…

• Scientists Develop New High-yielding, Pest-resistant Soybean Variety ‘MACS 1407’ for Farmers

  Good News for farmers. Scientists have developed a new high-yielding and pest-resistant Soybean Variety ‘MACS 1407’.…

• USDA Raises Brazil’s Soybean Crop Estimate, Global Supply Situation still Appears Tight for This Year

  For soybeans, the USDA’s estimates for usage and supplies are mostly unchanged versus previous month’s estimates. But there was an unexpected surprise as the Department raised crop projection for Brazil, contrary to the expectations of a lower crop for this country. In all, the USDA…

• Soybean Farmers Worry for Increasing Crop Loss Threat in Brazil

  Farmers in Brazil seem to be worried now as the chances of soybean crop loss threat has increased of late. Occurrence of torrential rains in recent weeks has enhanced the chances of lower harvests of this nation. Brazil’s annual soybean output is currently expected between…

• Upward Trend Continues in Soybean – Fundamentals Indicating Further Upside

  Soybean prices have trended upwards since November 2020 and as compared with the November end levels, mandi offers of MP and Maharashtra have appreciated by Rs.550-600 on a quintal roughly. Global cues remain bullish Soy complex markets i.e. Soybean, Soymeal and Soy oil. Soybean Stocks…

• NAFED to Sell Soybean in Maharashtra Next Week

  NAFED Mumbai shall open its sale tender of Soybean from February 8th onwards. Details regarding the same are available in the NAFED website - http://www.nafed-india.com/Home/Tenders.…

• Soybean Crop of Brazil estimated lower versus earlier expectations

  The latest reports now indicate that the crop size in Brazil may be lesser than the earlier expectations. As per the CONAB, the crop of Brazil may fall by 0.76 million tons from 134.45 million tonnes estimated in December to 133.69 million in the January…

• Soybean establishes new high on Year End – further price appreciation on cards

  Global as well Indian markets had faced a severe downward trend till March 2020, and before the rally started this year, the commodity had suffered from significant fall in demand, caused by the coronavirus and swine fever in China, forecasts of global oversupply, and a…

• Global Oilseed production projected lesser than last month estimate, Global Oilseed ending Inventory pegged lower

  For 2020-21, the World Demand and Supply projections of Oilseeds and Soybean include lower production, higher exports, and lower ending stocks The US Soybean ending Inventory is expected to be lower versus previous month’s estimate as per the USDA estimate.…