Soybean Seed Crop Production of 12M Tons Predicted for 2022-23 in India

In W41, as per the SOPA (The Soybean Processors Association of India) survey and reports from other agencies, the production of Soybean Seeds in Y2022-2023 in India is estimated at around 12.0 MMT which is slightly higher than the crop estimate of 11.8MMT in Y2021-2022. Including the transfer of around 1.5MMT, the total now stands at 13.5MMT. With these numbers, the flow of seeds is regular and in a state of volume. Due to this, the price will hold its level for a longer time.