Jun 03, 2021 1 min read
Soybean production in India will increase
According to Nripendra Yadav, the Senior Analyst, Swastika Invest Mart, estimates that this week the pressure of selling in futures in total US soybean exports in soybean and oil may be compared to the export levels of the current year. This has supported the decline of 205 million bushels in biofuel production on the back of Rs 6800 and the increasing use of edible oils at Rs 7350. 20 21 has total US resistance. Soybean production is expected to support Brazil and South American billion bushels at Rs 1340 in 4.405 oil. And there is resistance at Rs 1410.