Madhya Pradesh pegs 2017-18 soy output 7 million metric tonne, down 2%.
Ram Gopal Yadav (7 years ago)

Madhya Pradesh expects its 2017-18 (Jul-Jun) soybean output to fall 1.9% to 6.94 million metric tonne. A fall in area resulted in lower soybean crop in Madhya Pradesh this year. Area under soybean is pegged at 5.01 million ha this year lower than 5.40 million ha in 2016-17. The state expect soybean yield to rise to 1,385 kg per ha, from 1,310 kg last year.

NCDEX soybean at 4-month low on high supply in spot.
Ram Gopal Yadav (7 years ago)

The November futures contracts of soybean on NCDEX hit a four-month low due to heavy supply in the key wholesale markets of the country as the harvest draws to a close. December contract of soybean on NCDEX was down 0.5% from previous close.

Mustard seed down in Jaipur on subdued local buys.
Ram Gopal Yadav (7 years ago)

Prices of mustard seed fell in Jaipur because of subdued demand from domestic stockists after a near two-month high. A rise in arrivals also weighed on mustard seed prices. Supplies have increased because farmers have offloaded more of their produce in order to avail of the higher prices.