Soybean Prices Soar to ₹5,328 in Some Markets, But Fluctuations Persist

• Soybean prices show significant fluctuations across Maharashtra's APMCs, ranging from ₹1,500 to ₹5,328 per quintal.
• Jalgaon-Masawat and Samudrapur recorded the highest price of ₹5,328 per quintal due to low arrivals.
• Markets like Tuljapur saw lower prices despite high arrivals, while Akola maintained satisfactory rates with large volumes.
• Price variations are influenced by production costs, international markets, local demand-supply, quality, and moisture content.
• Farmers face varied returns, with some benefiting from high prices in specific markets and others experiencing lower rates due to quality or high arrivals.

Why It Matters: Soybean prices are highly volatile across Maharashtra, with some markets seeing highs of ₹5,328 while others face lows.