Friday, September 26, 2014

AGRI COMMODITY NEWS UPDATE SOYABEAN 26 - SEP - 2014


Soyabean trading range for the day is 3081-3187.
Soyabean prices gained on weak sowing of the crop due to poor rains in producing areas and improvement in demand due to festive season.
Acreage of soybean was down at 11 million hectare until September 12 from 12.22 million hectare a year ago, farm ministry data showed.
In Madhya Pradesh, soybean acreage stood at 5.54 million hectares down from 6.3 million hectare a year ago.


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