Soybean Reports

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Domestic

  • At Indore, Soybean seed price decreases by 1% at INR 52600 per tonne reported on the previous day. Soy oil price decreases by 1.5% at INR 970 per tonne from the previous day. Soy Meal prices decreases by 1.5% at INR 43810 INR per tonne.
  • Rains Expected Over Madhya Pradesh Till Nov 29; Cooler Days Ahead
  • Soybean quality and demand decreases in Junagarh, Gujrat. Sowing is less this year, but the quality of soybean is better than the last year. There is a possibility of increase in prices.
  • The area under soybean was 12,562 thousand ha as of Friday, against 12,479 thousand ha a year ago. A surge in the area in Maharashtra, Telangana, Gujrat is seen, where farmers have increased the acreages under soybean.