3/16/2016 11:57:00 AM
Soyabean dropped on profit booking after gained on supply worries after the USDA trimmed 2015-16 US soybean production forecast for March.
The USDA cut US production estimates to 106.9 million tons in March compared to 107 million tons in the previous month.
NCDEX accredited warehouses soyabean stocks dropped by 56 tonnes to 44610 tonnes.
At the Indore spot market in top producer MP, soybean gained 19 rupee to 3790 rupee per 100 kgs.
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