# Soybean and pigeon pea prices rise up to 50%, rabi sowing falls 46%

> 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.

- Date: 2026-11-07 · published 2026-11-09T13:39:32.309Z
- Category: weather · region India · magnitude medium
- Page: https://feedsoft.ai/events/89602-soybean-and-pigeon-pea-prices-rise-up-to-50-rabi-sowing-falls-46
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

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.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-05-12 | [Soybean prices rally as P.E.I. farmers prepare to plant](https://feedsoft.ai/events/6525-soybean-prices-rally-as-p-e-i-farmers-prepare-to-plant.md) | +0.5% | +9.9% |
| SOY | 2020-04-08 | [Continues the speculative rise in prices for soybean and sunflower oil](https://feedsoft.ai/events/53736-continues-the-speculative-rise-in-prices-for-soybean-and-sunflower-oil.md) | -1.5% | -2.8% |
| SOY | 2019-05-29 | [Dalian soybean meal prices are up 3% this morning - the](https://feedsoft.ai/events/8251-dalian-soybean-meal-prices-are-up-3-this-morning-the.md) | +3.0% | +5.5% |
| SOY | 2026-08-28 | [Soybean oil prices rose due to positive supply and demand prospects.](https://feedsoft.ai/events/10972-soybean-oil-prices-rose-due-to-positive-supply-and-demand-prospects.md) | +4.0% | +5.0% |
| SOY | 2023-04-19 | [Soybean and soybean oil prices are rising amid another cut in Argentina’s crop forecasts](https://feedsoft.ai/events/36470-soybean-and-soybean-oil-prices-are-rising-amid-another-cut-in-argentina-s-crop.md) | -4.9% | -10.2% |
| SBM | 2019-05-29 | [Dalian soybean meal prices are up 3% this morning - the](https://feedsoft.ai/events/8251-dalian-soybean-meal-prices-are-up-3-this-morning-the.md) | +2.6% | +0.9% |
| SBM | 2026-08-28 | [Soybean oil prices rose due to positive supply and demand prospects.](https://feedsoft.ai/events/10972-soybean-oil-prices-rose-due-to-positive-supply-and-demand-prospects.md) | +4.5% | +12.9% |
| SBM | 2023-04-19 | [Soybean and soybean oil prices are rising amid another cut in Argentina’s crop forecasts](https://feedsoft.ai/events/36470-soybean-and-soybean-oil-prices-are-rising-amid-another-cut-in-argentina-s-crop.md) | -4.5% | -7.2% |

## Sources

- krishibhoomi.com: https://krishibhoomi.com/soybean-tur-prices-surge-rabi-sowing-down-46-percent/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.