The production of soybean, known as yellow gold' among farmers, is expected to decline in the country by about 20.5 lakh tonnes this year to 105.36 lakh tonnes, an industry association has said. The Soybean Processors Association of India (SOPA) cited the decrease in soybean acreage and productivity as well as the impact of adverse weather on the crop as reasons for the estimated fall. SOPA on Thursday released its annual report at the International Soy Conclave 2025 in Indore in the presence of hundreds of representatives of the oilseeds industry. According to the report, soybean was sown on 114.56 lakh hectares during the current Kharif season, and its production was 105.36 million tonnes, with an average productivity of 920 kg per hectare. The industry body said that during the 2024 Kharif season, soybean was sown on 118.32 lakh hectares in the country, and the production was 125.82 lakh tonnes, with average productivity of 1,063 kg per hectare. This year, the soybean crop suff
Trump says US soybean farmers are being hurt as China isn't buying for "negotiating" reasons and vows to use tariff revenue to support them
The leafy soybean plants reach Caleb Ragland's thighs and are ripe for harvest, but the Kentucky farmer is deeply worried. He doesn't know where he and others like him will sell their crop because China has stopped buying. Beijing, which traditionally has snapped up at least a quarter of all soybeans grown in the US, is in effect boycotting them in retaliation for the high tariffs President Donald Trump has imposed on Chinese goods and to strengthen its hand in negotiations over a new overall trade deal. It has left American soybean farmers fretting over not only this year's crop but the long-term viability of their businesses, built in part on China's once-insatiable appetite for US beans. This is a five-alarm fire for our industry, said Ragland, who leads the American Soybean Association trade group. The situation might even be enough to test farmers' loyalty to Trump, although he still enjoys strong support throughout rural America. If no deal is reached soon, they hope the ...
Companies say farmers have lost an important and certain source of income because of the suspension
By Sept this year, Urad bean recorded its highest-ever sown area nationwide at 4.21 mn hectares
State agriculture dept set target of soybean cultivation over 54.57 lakh hectares this kharif season