Soybean production expected to fall 3.97%

By: |
Pune | Published: October 2, 2015 12:08:31 AM

Soybean production in the country is expected to fall by 3.97% for the season of 2015.

Soybean production in the country is expected to fall by 3.97% for the season of 2015. The Soybean Processors Association of India (SOPA) says production estimates of Soybean during kharif 2015 is 86.426 lakh tonne, which is 3.574 lakh tonne lower by 3.97 % as compared to previous years revised estimates of 90 lakh tonne. The carry-over of Soybean from last year is estimated at 9 lakh tonne.

According to a satellite survey conducted by SOPA, the area under Soybean cultivation is 110.656 lakh hectare in the country, which is 5.629 lakh hectare less than the Centre’s figure of 116.285 lakh hectare. This year SOPA conducted Satellite based survey to ascertain the area under soybean cultivation in 58 major soybean growing districts in Madhya Pradesh, Maharashtra and Rajasthan.

Davish Jain, chairman, SOPA had said the erratic tenure of the monsoon and moisture levels could result in some loss to the expectation of a bumper crop. While farmers in Maharashtra and Karnataka have been facing drought-like situation, in the Dewas district of Madhya Pradesh, it is excessive rain that has destroyed huge swathes of soybean crop. This is the second consecutive year that the farmers are facing losses in soybean crop. In Madhya Pradesh and Maharashtra, several lakh hectares have been affected due to rain.

According to D N Pathak, executive director, SOPA, the erratic rainfall is the main reason for the fall in productivity. “The area under soya cultivation has gone up. However, there have been either no rains or less rains in the soybean growing regions of the country and this has had an impact,” Pathak said.

The productivity loss has also been because of rainfall, weeds which could not be controlled and although there have been pest attacks, this was controlled by the farmers to a great extent, he said. There has been either no moisture or extra moisture which was required for the growth of the pods and the pod formation this time has been very poor, he pointed out.

Significantly, this time a non notified variety 1025 used by farmers in Madhya Pradesh which has not been registered in the system at all has shown good results and has given good yield. Unfortunately, since this is an unknown variety, not much can be done about promotions, he said.

The area under Soybean cultivation in Madhya Pradesh has dropped to 56.127 lakh hectare, as compared to government’s figures of 59.062 lakh hectare. SOPA has estimated the production at 44 lakh tonne, which a fall of 14.74 % as compared with the previous year’s revised estimates of 51.604 lakh tonne. According to government estimates, the area under soybean cultivation in Maharashtra as 37.739 lakh hectare. According to SOPA’s satellite survey, the area under soybean cultivation in Maharashtra is 35.852 lakh hectare.

The production is estimated to be 27.835 lakh tonne, which is 3.835 lakh tonne (15.98%) higher as compared with the previous year’s revised estimate of 24 lakh tonne.

In Latur, Osmanabad and Beed districts, against satellite sowing data, the area has been reduced to 65%, 53% and 35%, respectively, for arriving at production.

In the rest of the area, SOPA found the crop at an early vegetative stage and no yield estimates can be made as of now, the survey revealed.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Next Stories
1Gold drops for fifth day on global cues, sluggish demand
2Oil edges up on estimate of strong demand, Syria risks
3Gold struggles near 2-week low after strong US data