2026-10-08 · 24 of 331 reporting markets below MSP · Updated on 8 Oct 2026 at 10:07 pm IST
The government's Minimum Support Price for Soyabean in the Kharif marketing season 2026-27 is ₹5,708 per quintal. This is a national floor price, not a state-specific rate, and is only guaranteed at official government procurement centres during notified windows — see below for who's actually trading under it today.
Source: Government of India — Agmarknet / data.gov.in, synced 3× daily
The remaining 307 reporting markets for Soyabean today are at or above MSP.
MSP (Minimum Support Price) is the floor price the government guarantees for a fixed list of crops each marketing season. It is only actually paid out at official government procurement centres during notified windows — not at every mandi, and not automatically. A mandi price below MSP means a farmer selling in the open market that day received less than the government floor, whether or not procurement was available to them at that time and place.
₹5,708 per quintal, for the Kharif marketing season 2026-27 — the floor price approved by the Cabinet Committee on Economic Affairs (CCEA) on the Commission for Agricultural Costs & Prices' (CACP) recommendation.
MSP is only actually paid out at official government procurement centres during notified windows — not automatically at every mandi, every day. A farmer selling in the open market on an ordinary day can genuinely receive less than MSP for a perfectly normal transaction; it's a real, honest signal worth noticing, not necessarily a policy failure.