Soybean has been one of the major crops grown in India, specifically in Madhya Pradesh. It contributes to 22% of India’s complete edible oil production and is crucial for the state's economy. (Check soybean’s rate in the Madhya Pradesh Mandi Bhav)
Farmers indulged in the production of soybeans are expected to achieve considerably larger growth and self-reliance as per the experts. However, these agricultural experts also predict that if low productivity continues to trend, it can become a major hindrance to the path of their objectives. So, what are the causes of a decline in its production? Let’s find out in the following section.
2 Major Factors Reducing Soybean’s Cultivation in MP
Soybean is a kharif crop and is cultivated in Indore’s major areas. (Must read Indore Mandi Bhav today on the Shuru app to track the updated rates).
Currently, there are 55-60 thousand hectares of land in Madhya Pradesh, dedicated to the cultivation of soybeans. This makes it the largest growing area for this crop. However, several farmers have switched from producing soybeans to corn and paddy. This has reduced the areas under soybean cultivation. The following two factors are responsible for this switch.
Climate change
The climate is changing, and Soybean cultivation is highly dependent on good rainfall. Madhya Pradesh is observing irregular rainfall and variations in the temperature, which is leading to the declining yields of soybeans. Hence, to cope with this situation, farmers are switching to the production of maize, corn, sorghum, etc.
Despite all the facilities dedicated to the production of soybeans, there is a need for a weather-resistant variety to keep the cultivation going. The changing climate impacts the natural resilience of the soybean crop, which ultimately reduces production.
Increasing costs of farming and agriculture
Farmers are also reporting that although the costs of producing soybean crops are increasing, returns are diminishing. This is because of poor-quality seeds, and despite the availability of good research facilities, high-quality soybeans could not be produced.
Earlier farmers were achieving a yield of 30 quintals per hectare, however, currently, they are yielding only 10 quintals per hectare. This reduction has hindered the export of soybean oil, which has severely impacted the financial condition of the farmers.
Due to the above reasons, the production and price of soybeans are continuously affected. (Check out the Indore Mandi Bhav today for current rates) Hence, farmers are switching to cultivating corn, maize, paddy, etc. rather than soybeans.
Wrapping Up
If you’re a supplier of soybean, maize, paddy, etc. then you must stay in touch with the Madhya Pradesh Mandi Bhav on the Shuru app to track their latest mandi rates. Those, who are residing in areas like Mandsaur, Harda, etc, also add Mandsaur mandi bhav and Harda mandi bhav to your watchlist. So not wait any longer for the rates to be displayed on the news channels, take control and get them first on the Shuru app.
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