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Soybean production in Brazil to drop

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BRAZILIA (Commodity Online): Soybean production in Brazil is likely to decline to 70.2 million tons in 2011-12 from 75.3 million tons in 2010-11 on bad weather, according to AgRural Commodities Agricolas.


Due to the dry spells, the production in the second largest producer of soybean is expected to drop more than expected.

NCDEX GUARGUMJODHPURJUL12 20 July 2012 contract was trading at Rs 0 . What's your view on it?
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