Nebraska Department of Agriculture Announces Soybean Agreement with Bulgaria.
Ram Gopal Yadav (8 years ago)

The Nebraska Department of Agriculture (NDA) has signed letters of intent with nine soybean processing companies in Bulgaria. The agreement promote Nebraska soybeans and soybean products in their facilities. The companies want to maximize their output and are looking to source Nebraska and U.S. soybeans. They use about 2 million metric tons of soybeans per year. They have a total production capacity of 2.7 million metric tons.

India Edible Oil futures hit upper cap as govt raises import duty.
Ram Gopal Yadav (8 years ago)

Futures contracts of all constituents in the edible oil complex hit their upper circuits on the National Commodity and Derivatives Exchange and the Multi Commodity Exchange of India after the government raised the import duty. Crude palm oil contract on the MCX hit 4% upper circuit as the government raised the duty of the crude and refined palm oil. The most active December futures of soybean on the NCDEX hit a 3% upper limit. Refined soyoil contracts also hit a one week high of 698.95 rupees per 10 kg. Mustard seed futures also ended higher because of import duty rise.