Indore Soybean

Soybean prices were steady at closed on limited buying support at higher prices. Soy oil prices were down further at closed on poor buying support against increased selling. Soy meal prices were steady at closed on […]

Soybean futures fall on weak spot demand

Soybean prices fell by Rs 40, to Rs 3,626 per quintal in futures trade Thursday after participants cut down their bets tracking negative cues from the physical market. Besides, muted demand for soybean attributed the fall […]

Soybean settles up as Cabinet hikes MSP

The July soybean contract on the National Commodity & Derivatives Exchange closed 0.6% higher after the government today raised minimum support price for the crop grown in 2019-20 (Jul-Jun), analysts said. The cabinet approved a hike […]

India soybean area down 68% YoY at 274,000 ha

The July soybean contract on National Commodity & Derivatives Exchange closed 1.5% lower today following progress in monsoon in key growing areas of the country. Monsoon current entered into east Rajasthan, covered most parts of Madhya […]

India soybean area down 57% YoY at 53,400 ha

Farmers in the country have sown soybean across 53,400 ha as, down 57% from the year-ago period. Absence of monsoon rains has halted sowing operations in key growing areas of Madhya Pradesh and Rajasthan, the top […]

Soybean sown across 37,000 ha

Farmers in the country have sown soybean across 37,000 ha, over half of what was planted during same period last year. A delay in the onset of monsoon by around a fortnight in key growing areas […]

Soyabean prices reported higher in Nagpur

Soyabean prices reported higher in Nagpur (APMC) on good buying support from local crushing plants amid thin supply from producing regions. Notable rise in Madhya Pradesh soyabean prices and repeated enquiries from South-based plants also boosted […]

Soybean contract on the NCDEX settled higher

The July soybean contract on the National Commodity & Derivatives Exchange settled around 0.7% higher due to slow monsoon progress in the country, analysts said. The very severe cyclonic storm ‘Vayu’ set to hit Gujarat coast […]