Soybean June futures continued to trade firm on Wednesday due to sharp reduction in soybean supply at the cash market in Madhya Pradesh due to agitation by the farmers. Soybean prices fell to its lowest since March 2012 during the last week. Soybean sowing for the current kharif has reached 23,000 ha so far vs 20,000 at the same time last year.
Information source: www.skymetweather.com