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Soybean prices in Indian mandis have reached about ₹7,000 per quintal, above the minimum support price of ₹5,708. Tur (pigeon pea) is selling up to ₹10,500 per quintal, and gram and mustard prices are also firm.
Higher domestic soybean prices, above the government support level, raise the cost of soybean meal used in feed and point to firm local oilseed demand. The story describes local price levels rather than a new supply or policy shock.
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.