NCDEX soybean up as pests hit crop in Madhya Pradesh.

Futures contracts of soybean rose on the NCDEX due to reports of insect attacks on the crop in many parts of Madhya Pradesh. Incidents of white grub, semi-looper caterpillar, girdle beetle and white fly attacks have been reported in key growing areas of Madhya Pradesh and Maharashtra. Yield may be less this year as a result of these attacks. Most-active October contract on the NCDEX traded at up 0.2% from the previous close.