Nagpur: After poor results and low returns last year, the level of the second plant soybean two Vidarbha has touched a record of more than RS10,000.
Farmers hope to get from the final trend in this Kharif season.
Now when the harvest season is on the corner, their expectations are shaken.
In just two trading days, soybean prices have fallen to the lowest RS4,000 of Quintal by opposing RS10,000 to RS9,000 Quintal.
The current price is in the range of RS4,000 to RS6,000 because of this minimum support price (MPS) is at RS3.950 / Quintal.
“Less than a week ago the rates were more than Rs 10,000 and suddenly hit RS4,100 to RS4,400,” in Kalamana Market, “Atul Senad from the Adatiya Association (Broker) here.
Adatiyas will oppose that step because the tariff has been Falling because the government’s decision to import soybeans.
Fell further cannot be ruled out.
Farmers have increased areas under plants and requests to take soybean seed prices to almost double the sowing season.
The accident suddenly in price has made observers surprised.
” The general perception that tariffs have fallen due to recent decisions to enable import of 12 lats tons of soybeans used as fodder and poultry industry.
However, there are far higher commodity requests.
This is a month-old decision and the impact is seen in the market at that time itself when the price is below the RS10,000 level.
Suddenly falling in a surprising two days indeed, “said Anil Ghanawat President Shetkari Sanghatana.
This shows another possible decision by the government where parts of the merchant may have a hunch, which is based on which they may have cut purchases lowered tariffs, he said.
The quality of soybeans Arriving at the market is also inferior because the seeds have captured moisture due to rain.
This is also the reason for the level of fall, said source.
“Moisture often inhibits quality and lowering tariffs.
However, this is a regular and import feature is the main factor for crashes today, “said Sudhir Kothari, a director of agricultural product marketing committee in Hinghangphat Tehsil from Wardha.
Kishore Tiwari Chairperson of Vasantrao Increases Shetkari Swavalamban Mission (VNSSM), said there was still a lack of supply of Soyabean , but it seems that the tariff has been drawn artificially.
In some of the soyabean centers traded even below MSP.
Vallabh Deshmukh is Director of Mahabeej – the corporation of the state government said the tariff fell due to moisture in grains and also that import shipping lately reached India .
Farmers may not panic and hold on to stock.
There is a possibility that prices can increase to around RS7,000 Quintal in November.
However, heavy rains can inhibit plants.