- Soyabean trading range for the day is 3692-3842.
- Soyabean dropped on profit booking after prices gained due to buying by millers in physical on demand hope for soymeal.
- USDA in its monthly report trimmed its forecast of U.S. 2018/19 soybean stocks to 895 million bushels, down from 900 million in March.
- Soybean production is estimated higher by 20 per cent at 136.89 lakh tonnes as compared to 113.90 lakh tonnes produced during 2017-18.
- At the Indore spot market in top producer MP, soybean dropped -30 Rupees to 3879 Rupees per 100 kgs.
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