Centre has approved Maharashtra and Rajasthan governments proposal for procurement of soybean grown in the 2017-18 (Jul-Jun) kharif season. The central government has given approval for procurement of 100,000 tn soybean from farmers in Maharashtra and 150,000 tn of the oilseed from Rajasthan at MSP. The move comes as prices of the oilseed have fallen below the minimum support price in key markets. Prices may decline further with arrivals seen rising October onwards.