Soyabean prices dropped due to expectation of higher sowing on account of forecast of normal rains and lower meal exports data.
Soybean acreage till last week is 56% higher than at 50,000 ha as compared to the last year acreage according to farm ministry report.
NCDEX accredited warehouses soyabean stocks dropped by -1317 tonnes to 12317 tonnes.
At the Indore spot market in top producer MP, soybean dropped -29 Rupees to 3515 Rupees per 100 kgs.
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