ARTICLE 4 #SOYBEAN - AGRI FOOD UPDATE

📰 During the week, #palm and #soybean oil prices fell by 2.9% and 5.4%, respectively, which increased pressure on #sunflower #oil and sunflower prices in #Ukraine.

After two days of gains, Malaysian palm oil futures fell on expectations of a recovery in production and a reduction in exports, as well as under pressure from lower prices for competing oils.

mmdeinternational.com - 🌾 Telangana Requests Support for Soybean & Maize Procurement 🚜🤝

Soybean prices in Telangana are currently hovering between ₹3,800 and ₹4,000 per quintal, while the MSP is set at ₹5,328 per quintal. Maize market price stands at about ₹1,959 per quintal, which is ₹441 below the MSP of ₹2,400.

mmdeinternational.com - Corn 🌽 & Soybean 🌱 Flood the Market — Prices Hit Record Lows 📉

In a surprising turn for the agricultural sector, both corn and soybean have seen a bumper arrival across major mandis this week. Favorable weather conditions and higher-than-expected yields have led to record supplies, pushing prices to their lowest levels in recent months.

mmdeinternational.com - Farmers Begin Protest Today Over Demand for MSP Purchase of Wheat 🌾 and Soybean 🌱

Farmers across several regions have started a peaceful protest (dharna) today, pressing for the government’s assurance of procurement at the Minimum Support Price (MSP) for wheat and soybean. 🚜The protesting farmers argue that without MSP-backed purchases, they face heavy losses due to fluctuating market rates and rising input costs.