Soybean acreage may go up by 7-10% this year: SOPA

Some areas in Madhya Pradesh like Hoshangabad shifted to paddy from soybean in Kharif 2014

BS Reporter Indore
Last Updated : Jul 01 2015 | 10:23 PM IST
Soybean acreage in the country is likely to go up by 7 to 10 % this year due to timely monsoon and area shift from paddy to soybean, according to Soybean Processors Association of India (SOPA).

"Rains have been timely and good so far. Also, some soybean area which shifted to paddy last year is back this year," said D N Pathak, Executive Director, SOPA.

Some areas in Madhya Pradesh like Hoshangabad shifted to paddy from soybean in Kharif 2014.

Also Read

Sowing is mostly over in major growing areas of the country except a few areas of Rajasthan which may finish soon, added Pathak.

According to SOPA, soybean sowing has covered around 96 lakh hectares by now and sowing is likely to get over by this week with around 118 lakh tonne area under cultivation.

Last year, Kharif 2014, soybean acreage was around 109.032 lakh hectare which was down around 9% compared to Kharif 2013.

During Kharif 2014, soybean acreage declined in Madhya Pradesh by 9.6% and in Rajasthan it was down by 19.3%, according to SOPA data.

Currently, both states have recovered the soybean area which is giving way to increase in total soybean acreage in the country, said experts.

Germination of soybean seeds is good at present and crop prospects are better than last year, feel experts.

According to agriculture experts, seeds sown in June yield maximum output.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 01 2015 | 8:57 PM IST

Next Story