Loading…
Indian mandi prices for soybeans have risen to about ₹7,000 per quintal, roughly 55% above last year and ₹1,292 above the minimum support price. Pigeon pea has climbed about 50% to around ₹10,500 per quintal, while chickpeas, mustard and wheat have also become more expensive; weak monsoon conditions and low soil moisture may affect rabi sowing.
Stronger soybean prices can encourage farmer sales while raising the cost of domestic oilseed supplies and potentially soybean meal. Higher wheat prices also point to firmer local grain costs, though the article gives no new supply or demand data explaining the moves.
abplive.comAbout the author ईशाNov 7, 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.
