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Soybean prices are reported about 55% higher year over year and pigeon pea prices about 50% higher, with soybean around ₹7,000 per quintal in some markets, above its ₹5,708 minimum support price. Weak monsoon conditions and insufficient soil moisture have slowed rabi sowing by 46%, raising concerns about upcoming crop production.
Reduced soil moisture and delayed planting could constrain future supplies, supporting crop and related feed-ingredient prices if the shortfall persists. Higher soybean prices could also raise costs for soybean meal and oil users.
krishibhoomi.comPankaj Singh, Author Name : Pankaj SinghNov 7, 2026After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.
After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), and -0.5% over 20.
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.
