India set to plant more land with soybean crops as prices rally


Date & Time: 2019-05-22 14:53:20

At current prices, soybeans are more lucrative than other crops.  Increased production of India's main summer-sown oilseed could help the world's biggest vegetable oil importer trim costly purchases from Brazil, Argentina, Indonesia and Malaysia.  It could also help boost Indian exports of animal feed ingredient soymeal to places such as Bangladesh, Japan, Vietnam and Iran.