Maharashtra soybean prices swing: 5700 high, 2200 low

• Soybean prices in Maharashtra's agricultural produce market committees (APMCs) showed significant fluctuations in the second week of December.
• On Dec 10, Malegaon (Washim) recorded an average price of Rs 4400/quintal, while Murum saw an average of Rs 4221/quintal.
• High prices were observed in some markets, with Koregaon and Kinwat reaching Rs 5328/quintal, and Washim recording a maximum of Rs 5700/quintal (average Rs 5500).
• Conversely, some markets experienced low prices, with Warora-Shegaon seeing a minimum of Rs 2200/quintal, causing concern for farmers.
• Traders stated that soybean prices depend on factors such as quality, moisture content, weight, and storage conditions.

Why It Matters: Soybean price volatility directly impacts farmers' income and market stability.