Soybean Market Update: July 4, 2025
04-Jul-2025 04:00 PM
Soybean Market Update: July 4, 2025
On July 4, 2025, soybean prices across major mandis in India remained mostly stable with a slight upward trend in some locations. Compared to previous dates, farmers and traders received relatively better prices this time.
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Latest Average Prices in Major Mandis (₹ per quintal):
Amravati: ₹4300 (Same as July 2, 2024: ₹4300/4412)
Latur: ₹4300 (Last year: ₹4400/4650)
Dewas: ₹4300 (Last year: ₹4000/4500)
Indore: ₹4350 (Last year: ₹4250/4400)
Rajkot: ₹4500 (Last year: ₹4200/4500)
Kota: ₹4200 (Last year: ₹4300/4650)
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Recent Price Trends:
★ Over the past year, soybean prices have mostly remained under pressure and consistently below the MSP across all major mandis.
★ Currently, most mandis are witnessing prices in the range of ₹4200 to ₹4500 per quintal. The decline has been attributed to multiple factors:
Record domestic production
Weak crushing demand
Rising imports of edible oils
Reduced domestic demand for soymeal due to DDGS
Low export demand for soymeal
★ While festive demand in the coming months may support a slight price rise, sustained upward movement remains uncertain due to the above pressure points.
★ Much will depend on the sowing pattern of soybeans this season, which will shape price movements going forward.