Maharashtra is expected to have a great production of soybean

11-Sep-2024 05:59 PM

Nagpur. During the current Kharif season in the western state of the country, Maharashtra, the production area of ​​soybean has increased to a peak of 51.17 lakh hectares,

which is 32 thousand hectares more than last year's sowing area of ​​50.85 lakh hectares and 9.67 lakh hectares more than the five-year average area of ​​41.50 lakh hectares.

Although in some areas, soybean crop suffered some damage due to heavy monsoon rains and floods in some places, but generally the condition of the crop is said to be satisfactory.

In Maharashtra, most of the soybean is cultivated in Vidarbha and Marathwada divisions and most of its production area is dependent on rain. In both these divisions, soybean and cotton are considered the lifeline of the farmers.

As a result, even a slight fluctuation in the market price can cause a change in the entire economic cycle of this region.

Generally this division is considered to be a drought affected or low rainfall area whereas in recent years soybean crop has been affected due to unseasonal rains.

But during the current year, there has been good rainfall of southwest monsoon since the beginning.

The rainy season is still continuing in Vidarbha division due to which there is a possibility of damage to the early sown soybean crop. Production is expected to be better in other parts.

With the possibility of increase in production and the expectation of strong arrival of new crop soon, pressure on soybean prices in Maharashtra has started increasing due to which the concern of farmers has increased. It has been decided to purchase soybean at MSP in the state.