Indore soybean down on poor demand from millers.

Soybean prices in Indore fell because of weak demand from millers and in anticipation of a good crop this season. Demand for soybean from millers is very low right now, as prices of soyoil rose in the past few days. Millers will go under losses while crushing soybean into soyoil. Anticipation of good crop this kharif season after adequate rains hit the soybean growing belt of Madhya Pradesh also pulled down prices of the oilseed.