Soybean output may rise to 11.48 MT this year: SOPA
Commodity Online | February 15 2019
UPDATED 15:07:33 IST

Govt imposes $850/tonne minimum export price on Onion

WPI inflation remains unchanged at 1.08% in August

Vegetable Oil import rises 5% August

India’s trade deficit narrows to $13.45 bn in August

Indian economic growth 'much weaker' than expected: IMF

India’s soybean production may rise to 11.48 million tonnes during the ongoing harvesting season as compared to 8.36 million tonnes in the previous season, thanks to favourable climatic condition in major cultivating states including Madhya Pradesh, Maharashtra and Rajasthan, the apex industry body the Soybean Processors’ Association (SOPA) said in its latest report.

During the current season, soybean acreage was up 6.7% to 10.84 million hectare (ha) from 10.16 million ha in the previous season. Average yield rose 29% to 1,059 kg per ha for the current harvesting season from 823 kg in the previous season.

The survey conducted by SOPA finds a staggering 41% increase in soybean output in Madhya Pradesh to 5.92 million tonnes for the current season from 4.2 million tonnes last year. Total yield in the state is estimated to rise by 30.5% to 1,094 kg per ha for the current season from 838 kg from the previous season. Total acreage under soybean jumped by eight per cent in Madhya Pradesh to 5.41 million ha this year from five million ha last year.

Soybean output in Maharashtra is estimated to rise by 32% to 3.84 million tonnes for this year from 2.91 million ha last year. Known for its drought resistant nature, the crop's yield in the state jumped by 25% to 1,054 kg per ha this year from 843 ha last year.

Farmers brought in 5.5% of additional area, which lifted overall sowing under soybean to 3.64 million ha this year from 3.45 million ha last year.


Commodity Arrivals Rate
Mustard Oil 30 9500.00
Coconut Oil 0.5 18100.00
Arecanut 30 22000.00
Sugar 25 3402.00