Thursday, September 19, 2013

EPIC AGRI COMMODITY UPDATE:SOYABEAN


Soyabean trading range for the day is 3400-3494.
Soybean settled flat amid higher than expected sowing supported by good rain fall activities.
India's area under soybean cultivation rose to 19.25 million hectares from 17.10 million hectares in the same period last year
However, the report kept the global soyabean production unchanged for 2013-14 at 281.70 million tonnes.
At the Indore spot market in top producer MP, soybean gained 17 rupee to 3521 rupee per 100 kgs.

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