Soybean MSP rate and why mandi price is below MSP in Maharashtra.
What is the MSP of soybean for 2025-26 and why are market rates lower?
NNitin Kale6mo ago · 274 views
5 Answers
🌾Farmer.in Krishi TeamExpert ✓6mo ago
The MSP for yellow soybean for the 2025-26 kharif marketing season was fixed at about Rs 5,328 per quintal. Market rates often fall below MSP at peak arrivals because soybean price is linked to global edible oil and meal prices and cheaper imported oils pull domestic rates down. To deal with this, sell in lots rather than all at once, store properly if you can hold, and check whether Price Support Scheme procurement is open in your state through NAFED. Improving oil content and grain quality also helps fetch better rates. Confirm the current MSP and any procurement on the official agriculture ministry website.
SSanjay Birajdar5mo ago
Last season the Latur mandi rate stayed under MSP for weeks. I held part of my crop in a warehouse and sold later when rates improved a little, which helped recover some cost.
PPournima Deshpande5mo ago
Moisture at the mandi pulls the rate down fast. My early sold lot was a bit damp and got a lower rate, while the well dried lot the next week fetched more. Dry the grain to the limit the buyer accepts before you take it, especially if you harvested in cloudy weather.
AAsif Shaikh5mo ago
Register for PSS procurement even if you hope to sell in the open market, because it gives you the MSP fallback when the mandi rate crashes at peak arrivals. The year I had not registered I had to take whatever the trader offered. The portal slots fill up, so do it early.
SSneha Kulkarni5mo ago
A WDRA registered warehouse receipt let me take a pledge loan against my stored soybean instead of selling cheap right at harvest. I repaid when I sold later at a better rate. Ask your bank and the warehouse about this if cash pressure is forcing you to sell at the low.