Soybean contracts on the NCDEX fell ahead of the onset of monsoon

Soybean contracts on the NCDEX fell ahead of the onset of monsoon and firmness in the rupee against the dollar. The most active June contract was down 29 rupees. Earlier-than-expected arrival of monsoon in Kerala has raised hope sowing of the oilseed will be higher in the country. Higher arrivals of the oilseed are also seen weighing on prices.