NCDEX soybean up 2% on rise in soymeal exports.

Futures contracts of soybean rose over 2% on NCDEX due to a surge in soymeal exports from the country. The most-active August soybean contract was up 2.6% from the previous close. Export of soymeal rose 56.1% on year to 64,000 tonne in June. In Oct-Jun, India exported 1.52 million tonne of soymeal, up from 319,000 tonne a year ago.