Soyabean trading range for the day is 3422-3542. Soyabean prices dropped
on low demand for soybean meal and expectation of better than expected
crop due to increase in sowing area. Good weather for crop development
during July across broad swaths of the US Midwest, allowed crops to
mature with relatively little stress. USDA raised its forecast for
2015-16 US soybean ending stockpiles to 330 million bushels in August.
At the Indore spot market in top producer MP, soybean dropped -20 rupee
to 3708 rupee per 100 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co
Monday, August 22, 2016
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