Soyabean Trading Range - 2956-3042

Soyabean trading range for the day is 2956-3042. Soyabean prices ended with gains tracking firmness in overseas prices as rains delayed fieldwork in parts of the U.S. grain belt. The USDA raised its forecast of global soybean stocks at the end of the 2016-17 marketing year to 87.41 million tonnes. NCDEX accredited warehouses soyabean stocks dropped by 4108 tonnes to 178164 tonnes. At the Indore spot market in top producer MP, soybean gained 10 Rupees to 3082 Rupees per 100 kgs.

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