|
|
|
You can get e-magazine links on WhatsApp. Click here
|
|
|
|
|
|
SOPA raises soybean output estimate on higher yields in Maharashtra, Rajasthan
|
|
Saturday, 07 March, 2026, 08 : 00 AM [IST]
|
|
Our Bureau, Mumbai
|
The Soybean Processors Association of India (SOPA) has revised upwards its estimate for India’s soybean production for the 2025-26 season, citing improved yields in key growing States such as Maharashtra and Rajasthan.
According to the industry body, better-than-expected crop productivity, supported by favourable weather conditions during critical growth stages, has led to higher output projections compared with its earlier estimates. While acreage under soybean remained broadly stable, yield improvements have contributed significantly to the upward revision.
Maharashtra, the country’s largest soybean-producing State, reported strong yields across major belts due to well-distributed monsoon rainfall and minimal pest incidence. Rajasthan, too, witnessed productivity gains, particularly in irrigated pockets, helping offset patchy performance in some other regions.
SOPA said the improved crop prospects are expected to ease concerns over tight domestic supplies that had supported firm prices in recent months. Higher arrivals in mandis have already begun reflecting the revised output outlook.
The increase in production is likely to boost availability for the crushing industry, supporting soymeal and edible oil supplies. India’s soymeal exports, which had remained subdued amid global competition and price volatility, could see improved prospects if domestic supplies remain comfortable.
However, trade sources indicated that global soybean trends, particularly developments in South America and currency movements, will continue to influence domestic price realisations. Market participants are also watching demand from the poultry and feed sectors, which remain key drivers of soymeal consumption.
SOPA noted that final production numbers will depend on arrival data and further crop assessments in the coming weeks. The revised estimate nevertheless signals a more comfortable supply scenario for the oilseed sector compared with earlier expectations.
|
|
|
|
|
|
|
|
|
|