- Soyabean and cotton get Rs 6570 and Rs 8451 per quintal respectively
Chandrapur, If we look at the experience of the last few years, the price of cotton and soybean is increasing at the last minute. Because of this, the first sellers get a lower price than the farmers. Last year, farmers got better prices for cotton soybeans. But so far this year, farmers have been able to get the maximum price of soybean up to Rs 6770 and cotton only up to Rs 8451 per quintal. At the same time, the minimum rate has been Rs 1200 and Rs 4100 a quintal respectively on December 14.
For the first time this year, soybean has got more than the support price in the open market. By the way, sowing of soybean has been reduced this year, so the arrival of soybean in the market is decreasing. With the increase in demand, the prices of soybeans are increasing. As a result, oil, duffs are getting expensive, due to unseasonal rains at the last time, there was trouble in harvesting.
Because while keeping the moisture in the ground, the soybean plants would have been uprooted and directly in hand while cutting. Apart from this, soybean sprouts had sprouted. Due to which the production of soybean has declined. According to the law of demand and supply, now the demand is high, as a result there is a strong possibility of getting better prices for soybean in the coming time.
Last year the price was up to 11,000
The prices had come down after soybean production last year. But after the farmers ran out of soybean, soybean got better price in the market. In some agricultural produce market committees, the price was 8,000 to 11,000 rupees. Some farmers have saved soybeans in the hope of getting better prices at the end of this year.
Cotton also waiting for better price
The second major cotton of the district is seen in the last 10 days, the maximum arrival of 6970.75 quintals of cotton has been done on 7th December. On the other hand only 2158.19 quintals of cotton has arrived on 6th December. Similarly, on December 8, maximum 297 quintals of paddy has arrived.
Price and arrival of soybean, cotton and paddy in last 10 days
Date Soybean Cotton Arrivals (Qtl)
More Low More Low Soybean Cotton Paddy
Dec 20 5800 1800 8425 7800 467.01 3656.79 80.20
17 Dec 6305 1725 7451 7850 815.91 3580.44 114
Dec 16 6400 3200 8325 7200 650 3556.86 96.06
15 Dec 6300 3000 8320 7100 969.23 4345.48 150.50
14 Dec 6300 1200 8350 4100 1559.66 4292.47 17.60
13 Dec 6500 1655 8350 7600 1124.89 2170.39 219.10
10 Dec 6200 3000 8175 7000 967.01 4224.63 150.50
9 Dec 6500 7500 8251 7500 1331.72 5709,79 192
8 Dec 6555 1605 8400 7750 2007,64 825,81 297
7 Dec 6570 15000 8500 7900 2669.35 6970.75 51,85