Soybean| Indian soybean meal is totally out priced

March 28, 2016 9:55 AM | Skymet Weather Team

Indian soybean meal is totally out priced by about US$ 160 per ton in international market. US soybean futures (May) is expected to trade higher towards $9 - $9.10 levels. USDA stated that the US soybean production is projected at 3,929 million bushels, down slightly from last month due to a revision to South Carolina production.

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