Soybean Futures Closed Little Lower Tuesday

Soybean futures closed little lower Tuesday on reports of falling meal exports and rising cheap soyoil oil imports may affect soybean acreage in the current kharif season. Soybean Jul’16 contract closed 0.16% down to settle at Rs. 3,772 per quintal. There are reports of lesser sowing area but may not affect the yield in Madhya Pradesh.

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