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Soy Oil News - Cumulative rainfall in Soybean key states: As on 27th June22
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Cumulative rainfall in Soybean key states: As on 27th June'22

From 1st June'22- 27th June'22, cumulative rainfall recorded low by -18% in MP, -33% in Maharashtra, and -22% in Karnataka, However, in Rajasthan cumulative rainfall remained above average at 12%. Soybean sowing is likely to pick up in the next few weeks as the monsoon normalizes. Currently, As on 24th June’22 All India Kharif soybean sowing progress is lagging by 78% to 2.78 Lakh hectare as compared to 13 Lakh hectare last year in the same period. Agriwatch expects Soybean 2021-22 Kharif sowing acreage likely to decline by 5-8%. Acreage is likely to shift to cotton and Maize on lucrative prices.