Soybean Prices

Between falling crop prices and electoral landslide: How Mahayuti prevailed

As farmers in North India, once again threaten another stir in demand of legal MSP, it remains to be seen how the Maharashtra poll results impact their agitation

Palm oil futures ends higher after 2 losing sessions as soyoil jumps

Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market

Govt reduces import duty on refined soybean, sunflower oils to 12.5%

The government has reduced the import duty on refined soybean and sunflower oils to 12.5 per cent from 17.5 per cent with effect from Thursday to boost the domestic availability and check prices, a finance ministry notification said. Usually, India imports 'crude' soybean and sunflower oils and not their 'refined' form. Yet, the government has reduced the duty on refined soybean and sunflower oils. With this reduction, the effective duty on refined edible oils stands at 13.7 per cent, including cess on social welfare. The effective duty on all major crude edible oils is 5.5 per cent. Commenting on this, Solvent Extractors' Association of India (SEA) Executive Director B V Mehta said the move may have some temporary impact on market sentiments but unlikely to attract imports. "Basically, government wants to keep the prices of edible oils under check. Even with less duty difference between crude and refined soya and sunflower oils, chances of shipment of refined soya and sunflower o

Rising soybean rates cheer farmers, rattle poultry and oilseed extractors

Trade sources said lack of clarity on whether or not import of GM soybean meal beyond Jan 31 has been allowed is raising market sentiments along with overall bullishness in the edible oils complex

Commodity Picks: 23 November, 2020

Soybean prices at the benchmark Indore market are trading at Rs 4,565 per quintal; Chana prices are trading at Rs 5,205 per quintal in the Delhi market

Commodity picks: 16 November, 2020

Soybean is trading at Rs 4,460 per quintal at the benchmark Indore markets; Seed prices at Deesa market are expected to trade towards Rs 4,570 - Rs 4,550 per quintal

Commodity picks: 9 November, 2020

Soybean is trading at Rs 4,406 per quintal at the benchmark Indore market; Barley in Jaipur is trading at Rs 1,450 per quintal

Commodity picks: 12 October, 2020

Festive demand will keep buyers active, while limited availability will support prices

Commodity picks: 21 September, 2020

Soybean at the benchmark Indore market is trading at Rs 3,969 per quintal; Wheat is trading at Rs 1,800 per quintal in Delhi

Commodity picks: 7 September, 2020

Weak demand from processors, and upcoming new crop arrival pressure is expected to keep the trend weak for soybean

Commodity picks: 24 August, 2020

Wheat prices is expected to trade lower towards Rs 1,850 per quintal following record stocks across the value chain and lethargic buying in the open market

Commodity picks: 6 July, 2020

Soybean is trading at Rs 3,717 per quintal at the benchmark Indore market

Commodity picks: May 18, 2020

Maize prices are expected to trade lower towards Rs 1,150 - Rs 1,100 per quintal in a couple of weeks

Global price disparity to cut India's soymeal exports by half in 2018

Soybean prices have jumped by 33 per cent after hitting a recent low of Rs 2,850 a tonne in December 2017

Soybean rates spike in Madhya Pradesh, Maharashtra

The sharp rise comes weeks after MP's price deficit scheme closed in December

Soybean output may fall 17%

Soybean prices have moved up by 2% in the past few days amid expectations of lower output

Soybean price gloom for farmers to continue

Despite a marked fall in sowing in Madhya Pradesh due to the slump, there's a lot of carryover stock