7/30/2015 11:16:00 AM
Soyabean prices dropped on late profit booking after gained earlier in the day due to lower stockpiles after USDA trimmed US stockpiles forecast.
Soybean’s downside was limited support seen from USDA report that showed national good-to-excellent ratings for the crop held steady.
The USDA said 62 percent of the U.S. soybean crop was in good to excellent condition, same as last week, but below the previous year's 71 percent.
At the Indore spot market in top producer MP, soybean gained 6 rupee to 3310 rupee per 100 kgs.For more information ✆ - 0731-6642300 on Epicresearch.co or Visit http://www.epicresearch.co
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