8/27/2018 01:48:00 PM
- Soyabean trading range for the day is 3206-3308.
- Soyabean prices dropped due to good rains in central India which will enhance soybean production.
- India's 2018-19 soybean acreage grew 10% to 11.17 million hectare until August 17 and recent rains have benefitted the standing crops.
- Reports of higher sowing and bright crop prospects due to favourable weather put pressure on prices.
- At the Indore spot market in top producer MP, soybean dropped -56 Rupees to 3373 Rupees per 100 kgs.
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