Wednesday, August 24, 2016

Soyabean trading range for the day is 3429-3521. Soyabean prices gained on short covering after prices dropped tracking reports of better production due to good monsoon. The US soybean crop is reported to be setting pod at 89% compared to 85% during the corresponding period last year and 5 year average. The USDA hiked US, production estimates to 110.5 million tons in August compared to 105.6 in previous month and 106.9 a year ago. At the Indore spot market in top producer MP, soybean gained 1 rupee to 3713 rupee per 100 kgs. For more information ✆ - 0731-6642300 Visit


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