Soybean Output

Centre procures record 1.37 mn tonnes of soybean under MSP scheme

The Centre has procured a record 13.73 lakh tonne of soybean under the Minimum Support Price (MSP) scheme so far in the current marketing season, a senior agriculture ministry official said on Thursday. The procurement, undertaken to protect farmers from falling prices, has surpassed all previous records, with the last highest procurement being 19,483 tonne in 2018-19. "In soybean, we have achieved an all-time high procurement under PSS (Price Support Scheme). This was possible due to special efforts the ministry took to create awareness in states," the ministry official told PTI on condition of anonymity. The procurement represents 41 per cent of the total sanctioned quantity of 33.85 LT and has benefited 5.78 lakh farmers till January 13 of the 2024-25 kharif marketing season. The procurement is being carried out through nodal agencies Nafed and NCCF at a support price of Rs 4,892 per quintal across six states. Nafed has procured 9.78 lakh tonne, while NCCF has procured about 3.

Soy output likely to decline by 4.3% this kharif season, says SOPA

Low soybean output could have a bearing on the prices, as it is one of the largest oilseeds grown in the kharif season

China's Vice Premier reviews farm output, seeks more soybean production

Hu also emphasized stabilising planted grains acreage and strengthening farmland protection, reiterating policies previously laid out by central leadership, Xinhua said

Soybean meal exports nearly triple to 26.8 mn tonnes in Dec on demand surge

India's soybean meal exports grew two-and-a-half times to 5.99 lakh tonnes during the first quarter of current oil marketing year

MP soybean output might drop 10-12% due to pest attack: Processors Body

Though farmers and agriculture dept officials taken pest control measures, it will be very difficult to revive the crop in those parts where the stem fly has already entered the shoot

Mosaic virus, pest attacks in three states to hit soybean output this year

Soybean Processors' Association estimates India's soybean output at 9.3 million tonnes for crop year 2019-20, a sharp decline from 10.9 million tonnes reported in 2018-19

Soybean output to jump at least 15% as farmers expand area on ample rains

It could also revive Indian exports of animal feed ingredient soymeal to places such as Bangladesh, Japan, Vietnam and Iran

Soybean output may decline by over 17% as rains, water-logging damage crops

SOPA had earlier estimated the overall soybean output at 11.48 mt for the kharif harvesting season 2018

Soybean output to decline by 24% on lower acreage, crop damage: SOPA

This year's country's oilseed output failed to keep its pace with rising consumer demand of cooking oil from.The latest survey by the apex industry body the Soybean Processors' Association (SOPA) estimates India's soybean output at 8.35 million tonnes for the harvesting season 2017-18, around 24 per cent lower than 10.9 million tonnes reported in the previous year. Sown with the onset of the monsoon, soybean is a kharif crop which contributes nearly one-third of India's overall oilseeds' output and sets trend for other seeds including groundnut, sesame seed etc for the summer-sown crop and rape/mustard seed for winter-sown crop.Earlier, SOPA had estimated India's soybean output at 9.15 million tonnes in its first survey in October. By contrast, however, the Union Ministry of Agriculture has estimated India's total soybean output at 12.22 million tonnes in its 1st advanced estimate for the season 2017-18 compared to 13.79 million tonnes of output estimated in its fourth Advanced ...