Thursday, September 8, 2016

Soyabean trading range for the day is 3160-3298. Soyabean prices dropped on hope of higher yeild in global market and on weak soymeal demand in domestic market. Soybean prices slipped as output is estimated to be higher than the last year to stand near 8.50 to 8.70 million tons. USDA in its grain report has projected India's 2016-17 soybean production at 11.5 million tons up from its' previous forecast of 11 million. At the Indore spot market in top producer MP, soybean dropped -53 rupee to 3457 rupee per 100 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co

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