EPIC RESEARCH NCDEX SOYABEAN UPDATE OF 18 MAY 2015

ANCDEX Soybean June futures were seen trading up by 1.02 per cent to 4145 levels on Monday.

WASDE report: U.S. oilseed production for 2015/16 is projected at 114.1 million tons, down 2.6% from 2014/15 mainly on lower soybean production.


Soyabean production is projected at 3,850 million bushels, down 119 million from 2014 crop with record harvested area more than offset by lower yields. Supplies are projected 4,230 million bushels, up 3.4% from w014/15 with rising beginning stocks more than offsetting lower production.

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