Soybean April Futures Closed Higher On Wednesday

Soybean April futures closed higher on Wednesday due to bargain buying at lower levels. The supplies have been decreased drastically last week compared to previous week. As per Agmarknet, arrivals of soybean during Mar 27- Apr 1 were about 32,514 tonnes Vs 90,767 tonnes during previous week. The mills have procured large volumes of soybean earlier in the season lower levels which helps in more competitive prices of meals for record exports.

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