Soybean output in India likely to reach 110 lakh tonnes on high acreage

Due to increase in acreage and conducive weather condition, country’s Soybean output is likely to touch 105 lakh tonne-110 lakh tonnes, industry experts aver. Although there was a drought like situation in some parts of key growing area, Soybean output have not been impacted much. The average production of the previous three seasons is in […]

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Bombay Stock Exchange signs development deal with Soybean Processors Association of India

The Bombay Stock Exchange (BSE), India’s leading bourse, has signed a pact with Soybean Processors Association of India (SOPA) for the growth and development of the commodity market and its value-chain participants, enabling them to manage price risk in a better manner in the soybean oil complex. The agreement will be beneficial for launching products […]

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Indian soyabean industry cuts short government’s output estimates by 25 per cent

The Soybean Processors Association of India (SOPA) has pegged India’s 2017-18 soybean production at 91.5 lakh tonnes, 25 per cent lower than the government’s first advance estimate of 122 lakh tonnes. However, higher carry forward stocks will keep supplies comfortable. A survey conducted by the Indore-based industry body showed India’s total sowing area under soybean crop this […]

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India clocks bumper soya exports in January

India’s export of soybean meal and its other value added products increased by 446.38% in January compared to the same period last year, according to Soybean Processors Association of India (SOPA). The export volume in January 2017 reached 1.55 lakh tons compared to 28,398 tons in January 2016. But compared to the previous month soybean […]

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