Madhya Pradesh ups 2018-19 soybean target at 5.5 mln tn

Madhya Pradesh is targeting soybean production of 5.5 mln tn in 2018-19 (Jul-Jun), up from 5.3 mln tn produced in the previous year. The state, the top grower of soybean in the country, harvested a smaller crop in 2017-18 because of patchy monsoon in some parts of central India. A rise in acreage may also result in higher crop output this year. Farmers, who had moved to coarse grains in 2017-18 following low rains, are expected to return to soybean this year.