As an AI language model, I don’t have access to up-to-date information on soybean mandi rates in Ratlam mandi specifically. However, I can provide some general information on soybean rates in India and how they might relate to local markets such as Ratlam mandi.
Soybean is an important crop in India, and is primarily grown in central and western states such as Madhya Pradesh, Maharashtra, Rajasthan, and Gujarat. According to data from the Ministry of Agriculture and Farmers’ Welfare, soybean production in India was estimated at 13.3 million tonnes in 2020-21, up from 11.5 million tonnes the previous year.
The market price of soybean is affected by various factors such as supply and demand, weather conditions, and government policies. In recent years, soybean prices in India have generally been volatile, with fluctuating demand from industries such as animal feed and edible oil.
As of August 2021, the mandi rate of soybean in various parts of Madhya Pradesh ranged from around Rs 5,000 to Rs 5,500 per quintal (100 kg), according to data from agri-market platform Agmarknet. However, these rates are subject to change and may vary depending on local market conditions.
Each mandi sets its own prices based on local conditions and demand. The Ratlam mandi, located in southwestern Madhya Pradesh, is a major agricultural market in the region and is known for trading various crops such as soybean, wheat, and gram. Farmers and traders from nearby districts such as Mandsaur, Neemuch, and Jaora bring their produce to the Ratlam mandi for sale.
If you are a farmer or trader looking for updated information on soybean mandi rates in Ratlam, it may be useful to consult with local market experts or trusted sources of agricultural news and data. Additionally, keeping an eye on national and international trends in soybean pricing can provide valuable insights into potential future market movements.