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Mandi prices for Indian kharif crops such as paddy, pulses and oilseeds are running well above last year and minimum support prices despite lower yields from inadequate monsoon rains. Soybean is trading around Rs 7000 per quintal, up 55% year on year and above its Rs 5708 MSP, while SOPA estimates 2026 kharif soybean output at 10.79 million tonnes, down 2.1%.
Tighter Indian oilseed and pulse supplies support domestic prices and could lift soymeal and oilseed demand from the region, while higher farm incomes may encourage more oilseed planting next season.
financialexpress.comNov 4, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
