India is likely to produce 10.46 million tonnes of soybean in 2020, nearly 15% lower than the previous estimate, as excessive rainfall during harvesting and pest diseases hit the oilseed, a leading trade body said in a statement. Lower-than-expected production of main summer-sown oilseed could prompt the world’s biggest vegetable oil importer increase costly purchases …
The post Excessive rains, pest attack trims Indian soybean crop – trade body first appeared on Hellenic Shipping News Worldwide.