Maharashtra plans to procure soybean from Oct 18 via NAFED.

After moong and urad, the Maharashtra government plans to procure soybean from farmers in the state. The procurement will be through National Agricultural Cooperative Marketing Federation of India from Oct 18. Currently, prices of the commodity are below the minimum support price of 3,050 rupees per 100 kg, including a bonus of 200 rupees. The state government proposes to procure 350,000 tonne of the oilseed through around 125 centres across 23 districts.