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Commodities Briefing - Categorized | Agriculture, Market Moves more

Agri commodities fall on hopes of bumper crop

Posted on 04 October 2012

Agricultural commodities harvested in winter, including soybean and castor seed, hit the lower circuit in futures trade on commodity exchanges, on hopes of a bumper crop this season and cues from global markets.
Harvesting of summer sown crop has begun, with estimates of a record output, especially for the soybean crop, the largest in the oilseed basket. The revival in the monsoon rains in early August raised hopes of a better kharif crop, compared to previous estimates………………………………………..Full Article: Source


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