Soyabean gained on short covering after prices dropped on expectation soybean yield is likely to increase in Madhya Pradesh.
As per the Ministry of Agriculture, current Kharif oilseed acreage stood 167.89 lakh hectares as against 167.55 lakh hectares last year same period.
Soybean acreage is reported at 112.51 lakh hectares as compared to 111.49 lakh hectares last year same period.
At the Indore spot market in top producer MP, soybean dropped -15 Rupees to 3793 Rupees per 100 kgs.
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