Monsoon has been active in most areas of the country. Amid fears of drought this year, 11% higher than normal rainfall has been witnessed so far. Especially in the last 3 days, the monsoon has quite boomed and have already knocked the states like Maharashtra, Gujarat, Madhya Pradesh and Chhattisgarh . In the last 24 hours, central India has witnessed around 184% higher than normal rainfall.
Amid reports of monsoon, Soybeans has declined strongly. In Madhya Pradesh, with the sign of good rainfall, soybeans production is projected to grow. We can expect prices to slide further in coming days.
Amid reports of monsoon, Soybeans has declined strongly. In Madhya Pradesh, with the sign of good rainfall, soybeans production is projected to grow. We can expect prices to slide further in coming days.
