Thursday, August 28, 2014

AGRI COMMODITY NEWS UPDATE SOYABEAN 28 - AUG -2014



Soyabean trading range for the day is 3294-3388.
Soyabean settled down as pressure seen on an outlook for record U.S. production.
The total sown area as on now stands at 935.06 lakh hectare as compared to 975.87 lakh hectare at this time last year.
Soybean area has increased to 109.09 lakh ha, which is significantly above the 5 year average of 95.7 lakh ha.
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