Topic
soybean
Commodities Soybean Crop Outlook Favourable for Kharif 2026, Says SOPA; Sowing Exceeds 111 Lakh Hectares
The Soybean Processors Association of India (SOPA) has termed the overall soybean crop outlook for the kharif 2026 season as favourable, with sowing covering over 111 lakh hectares. The crop is in good condition across major growing states, though localised germination issues were noted in parts of Maharashtra and Rajasthan.
Commodities Soybean imports surge to 7.77 lakh tonnes by June-end as domestic supplies fall short: SOPA
Soybean imports in India surged to 7.77 lakh tonnes by the end of June in the current oil year 2025-26, up manifold from 2,000 tonnes a year ago, due to a shortfall in domestic supplies, according to the Soybean Processors Association of India (SOPA). The trade body also revised down its soybean meal export forecast to 10 lakh tonnes from 20.23 lakh tonnes last season, citing higher domestic prices.
Commodities India’s soybean acreage seen rising 5-7 per cent on favourable prices, says SOPA
India’s soybean acreage is expected to rise 5-7% over last year, driven by prices above the minimum support price. Sowing is nearly complete in key growing regions, with farmers shifting back from maize. The final output depends on timely rainfall over the next three months.
Commodities India’s Soyabean Imports May Touch Record 9 Lakh Tonnes for Oil Year 2025-26
India’s soyabean imports are projected to hit a record 9 lakh tonnes in the 2025-26 oil year, driven by a domestic supply shortfall. The Soyabean Processors Association of India (SOPA) raised its forecast from an earlier estimate of 6 lakh tonnes, with imports from sub-Saharan Africa filling the gap. Domestic production fell 14% due to weather, pushing soyameal prices up 40% and impacting the feed sector.
Commodities Maize Farmers Shift to Cotton Amid El Niño Concerns
Indian maize farmers are shifting to cotton, soybean, paddy, and ragi due to anticipated below-normal rainfall from El Niño and market profitability. The shift varies by region, with Madhya Pradesh seeing increased cotton acreage.
Trade India Shifts Soybean Trade: Cancels Exports, Boosts African Imports
India cancels 25,000 tons of soymeal export contracts due to soaring domestic prices and turns to importing 80,000 tons of soybeans from Africa. The shift affects traditional trade flows and highlights the premium pricing of non-GM African soybeans.