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Market sees India’s MY 2022-23 soybean crop higher than govt estimates

September 23, 2022 Comments Off

India’s soybean harvest in the marketing year 2022-23 (October-September) is expected to be higher than the government’s projection, according to market participants, on the back of steady acreage and adequate rainfall. According to a survey conducted among 11 trade participants and analysts, soybean output in MY 2022-23 is seen rising nearly 3% on the year to 13.1 million mt, up…