Wednesday 8 October 2014

Capital stroke NCDEX Update : SOYABEAN 9 October 2014



Soyabean trading range for the day is 2935-3015.
Soyabean gains tracking firmness in spot demand and overseas prices as rains in parts of the U.S. Midwest delayed harvesting.
According to Ministry of Agriculture soybean planting as on now is reported at 11.02 mn ha compared to 12.22 mn ha last year.
The Ministry of Agriculture in its 1th Advance Estimates, projected 2014-15 soybean output at 11.82 mn tn

At the Indore spot market in top producer MP, soybean remains unchanged at 0 rupee to 3045 rupee per 100 kgs

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