EPIC RESEARCH NCDEX UPDATE OF SOYABEAN 13 October 2016

Soyabean trading range for the day is 3056-3244. Soyabean prices ended with losses as soyabean production in Madhya Pradesh is expected to be over 60 per cent than previous year. SOPA has estimated soybean production in the state at 55.863 lakh tones as against 34.125 lakh tonne a year ago. The estimated growth in the output is expected due to improvement in yields from 608 kg per hectare a year ago. At the Indore spot market in top producer MP, soybean dropped -95 rupee to 3134 rupee per 100 kgs. For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co