At the Sadhiyo Kirti plant, soybean prices fell from ₹4,800 to ₹4,400 per quintal during the first two weeks of October. However, the market has gradually started to recover, and prices have now reached around ₹4,650. With discussions about government procurement gaining momentum, traders are expecting prices to rise to ₹4,800–₹4,900 by the end of November. In the mandis (local markets), good-quality soybean is currently trading around ₹4,500. Yesterday, prices were ₹4,300 per quintal in Ujjain, ₹4,550 in Indore, and ₹4,300 in Amravati. Pressure is mounting in Madhya Pradesh and Rajasthan for government procurement to begin soon, and early signs indicate that purchases may start shortly. Demand from oil mills has also strengthened, helping prices remain firm in the market. The arrival of the new crop continues, but due to rain, moisture levels are high and quality varies across lots. The overall market sentiment suggests that buyers are gradually becoming more active, and oil mills are now seeking better-quality material for crushing. According to SOPA (Soybean Processors Association of India), soybean production for the current season was initially estimated at 118.74 lakh tonnes, but due to adverse weather and crop diseases, output is now expected to drop to around 105 lakh tonnes. In the edible oil segment, soybean oil prices are being quoted at ₹1,275 per 10 kg in Mumbai and ₹1,245 in Kandla. The soybean DOC (De-oiled Cake) market also showed strength yesterday, with prices rising by ₹500–₹1,000 at some plants. With expectations of government procurement, farmers are holding back sales, leading to limited supply in the domestic market. If procurement begins on time, it could further support soybean prices. In Maharashtra, NAFED plans to purchase 18 lakh tonnes of soybean. In Madhya Pradesh, the Bhavantar payment scheme has started, under which farmers are expected to receive a difference of about ₹800 per quintal. However, some farmers have raised concerns about the auction process. Rain-damaged quality could make future prices slightly uncertain, but for now, the market remains balanced. Strong demand, limited supply, and possible government intervention indicate a bullish trend ahead. Market analysts estimate that by the end of November, soybean prices could rise by ₹200–₹300 per quintal.