Futures contracts of soybean fell on the NCDEX tracking the Chicago Board of Trade. The most-active August contract on the NCDEX traded down 0.2% from the previous close. Contracts of soybean declined over 1% on the CBOT following reports that conditions for the crop in the US were getting favourable. A drop-in acreage of soybean across the country, however, cushioned sharp fall in price.