India soybean area dn 4% on yr at 5.2 mln ha as of Thu.

Area under soybean across the country was at 5.2 mln ha, down 4% from a year ago. Farmers have expedited the planting of the oilseed because the sowing window is drawing closer. However, the overall acreage is still lagging marginally on year as rains are playing truant in key growing regions of Madhya Pradesh. In Madhya Pradesh, area under soybean was at 2.8 mln ha, down from 2.9 mln ha sown in the year-ago period. Area under soybean would gather momentum in the coming days because the sowing window usually ends by the mid of July.