India MSP of Soybean (Yellow) (KMS, ₹/Quintal)
Source: statSCALAR
Key Takeaway
- The MSP for yellow soybean increased from ₹3,950 per quintal in 2021–22 to ₹5,708 in 2026–27, a rise of approximately 44.5%. The supplied CAGR is 8%, indicating a substantial increase in the support-price benchmark. This trend is useful for examining soybean price-support policy alongside market developments in soybean processing, edible oils and animal-feed ingredients.
About This Dataset
This dataset tracks the Government of India’s Minimum Support Price (MSP) for yellow soybean under the Kharif Marketing Season (KMS), expressed in ₹ per quintal. Soybean is generally sown during June–July and harvested from September to November, while sales and procurement typically increase after harvest and vary by state. The KMS generally runs from 1 October to 30 September of the following year, supporting historical MSP trend and procurement analysis.
Methodology
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