Edible Oil Prices: New arrival of Kharif crop soybean has started in the markets of Maharashtra. Meanwhile, on Saturday, the prices of edible oilseeds in the country are declining. Soybean oilseed prices also fell on Saturday. There was a 2% improvement in the Chicago Exchange on Friday.

Here the prices of soybean oil, crude palm oil and mustard oilseeds closed with a slight increase. It was known from market price experts that new soybean was sold at Rs 4000 per quintal in Sangli Mandi of Maharashtra. But the minimum support price of soybean is Rs 4892 per quintal.

Assistance amount of 5000 rupees

The Maharashtra government gives Rs 5000 as aid per acre to farmers to increase the production of cotton and soybean. Even after getting this money, the farmers are not able to cover their expenses.

In comparison, soybean production in Madhya Pradesh remains at a high level. And here no aid is given by the state government.

Market experts said that the arrival of new soybean crop has started in the markets. But in the coming days, the figure of this arrival will increase. At present, it cannot be estimated what will be the prices after the arrival increases.

But it is believed that if the import of cheap soybean continues, then like the earlier soybean, this time's soybean will also have to be kept in the warehouse.

There was no major change in the price of oilseeds on Saturday, but there was some fluctuation. Let's see the prices, 

The prices given in the table are in rupees per quintal,