Soybean prices have begun to fall back into the open market, and this decision of the Nuffet and NCCF is responsible for

In the midst of a debate on the sale of soybean stocks in the open market in the Nafett and NCCF, the Soybean Processors Association (SOPA) has asked the government to stop the sale of soybeans at the end of the upcoming sowing season. In the recent past, the prices of soybean prices have begun to go down amid debate on the sale of NAFED and NCCF in the open market of government agencies. Pre -sowing prices can be pulled from the cultivation of farmers and reduce the area.

In a letter to the Agriculture Secretary, Sofa Managing Director TN Pathak said that the action taken by the Nafett and NCCF to sell soybeans in the open market would be a disaster for all parties and prevent farmers from sowing.

What did the sofa say?

“Now we understand,” The debate is preparing to sell their stocks in the open market again through tenders. The prices of soybean have fallen again. Before the end of June, the government wants to re -insist that the selling of soybeans will be destroyed to all parties before the end of June.

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Carif runs below the MSP due to the worst demand for the entire marketing season of Carif 2024-25 and weak global prices. Agent companies like NAFED and NCCF bought soybeans on MSP to help farmers. The sofa estimates that government agencies may have about 2 million tonnes of soybean. Earlier, a few months ago, at the request of the sofa, the ministry intervened and banned the sale of soybeans in the open market through the Nafett and NCCF.

The letter has already been written

After the ban on sale, he wrote, “We are grateful to stop the sale of soybein in the open market of the Nafeet and NCCF so that the prices of soybeans are supported by the prices of soybeans, which will increase the price of the entire current season. The prices are expected to increase over the next two months,” the reader said.

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Padak said that the farmers are getting more expensive and the previous decision to stop the sale would benefit all parties involved. Pathak said, “It is now natural to sow soybene, expected to be reduced due to low prices. On top of that, the Noft and NCCF have lost about $ 15000 per tonne, which will get a lot of prices, which will reduce their loss to a large extent.”

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