Soya bean is the single largest oilseed produced in the World. In India, Soya bean is purely a Kharif crop, for which sowing begins by end of June with the arrival of south-west monsoon. The crop is usually ready for harvest by the end of September and starts being sold in the market October onwards. Crushing for oil and soy meal starts in October, reaching a peak over the next two or three months.

Suguna Soya
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Overview

Soya bean is the single largest oilseed produced in the World. In India, Soya bean is purely a Kharif crop, for which sowing begins by end of June with the arrival of south-west monsoon. The crop is usually ready for harvest by the end of September and starts being sold in the market October onwards. Crushing for oil and soy meal starts in October, reaching a peak over the next two or three months.

Indore, Ujjain, Dewas, Bhopal and Mandsor in Madhya Pradesh, and Nagpur, Sangli in Maharashtra are the major trading centers (spot markets) of Soya bean in India. Soya bean has been commercially utilized to produce edible oil and animal feed. After oil extraction, the by-products of oil cake and meal are used in animal feed as an important source of protein.

Soya bean meal

Soy meal is the world's most important vegetable protein feed source because of its high digestibility, high energy content and consistency. It accounts for nearly 65 % of World Protein Feed Demand. About 98 percent of soy meal is used as an animal feed ingredient.

Soya bean oil

Soya bean oil is a derivative of Soya bean. On crushing mature beans, oil and meal are obtained. While the oil is mainly used for human consumption, meal serves as the main source of protein in animal feeds. Refined Soya bean oil is increasingly gaining acceptance as the medium of cooking in India.

Suguna’s Soya processing plant

Suguna commenced its Soya operations in 2004 with the main objective of procuring high quality Soya meal for Sugunaís feed mills across the country. Suguna procures high quality Soya seed, Soya meal and Soya oil from Maharashtra and Madhya Pradesh. This Divisionís ambitious program has succeeded in creating an efficient, dependable and viable procurement system.

Suguna is authorized by the Government of Maharashtra to procure Soya seed, Soya meal and Soya oil directly from the farmers. Besides Suguna, ITC is the only other company to have this license. Suguna invites Soya farmers to bring their produce to the Suguna collection center where the supplies undergo a quality check and grading. The price for the specific grade of Soya is fixed as per fair and transparent norms and communicated to the farmers.

This fixed price will be valid till the next day. Farmers are assured better returns as middlemen do not play any role at all. The transparent process coupled with fair pricing and payment within stipulated time frame is another huge advantage to the farmers. Suguna also carries out direct mandi purchases whereby traders deliver supplies directly to the godown.

Suguna is setting up its own Soya processing plant at Nagpur with a capacity of 1000 tons per day for which it requires 3.5 lakh tons of Soya per year.

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