Prices for soyabeans have decreased by about 6% since 2023
Due to India’s increased soybean carryover stock of 3 million metric tonnes (MMT) and higher output of 12.33 MMT for the crop year 2022–23, soybean prices have fallen by about 6% so far in 2023. This is a result of favorable weather, expanded agricultural land, and higher crop yield potential. The volume of commodities supplied…