Soybean recovers on short covering

Soyabean yesterday we have seen that market has moved 0.69% tracking overseas market and on the back of some on short covering. The area planted with soybeans may be 76.79 million acres (31.1 million hectares) this year, compared with USDA's February estimate of 78 million acres. At the Indore spot market in top producer MP, soybean gained 25 Rs to 2308Re 100 kgs. Market has opened at 2323

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