Soyabean production revised downward by 6.21%: SOPA

PUNE: Industry body Soybean Processors Association of India (SOPA) revised the soyabean production estimates for 2015-16 downwards by 6.21% in its mid-term review.

Indore based SOPA revised the soybean crop numbers for Kharif 2015, in their meeting attended by soybean processors from Madhya Pradesh and Maharashtra.

The SOPA release stated: Considering the arrivals till date, crushing, exports, domestic consumption and available stock and arrival pattern, it was decided to revise downwards the production of soybean in Kharif 2015 from the earlier estimate of 73.88 lac tons to 69.29 lakh tonnes.

The highest fall in production of 4.6 lakh tonnes at 17%, was registered in Maharashtra.

According to the revised numbers, there is no change in production of Madhya Pradesh at 34.125 lakh tonnes.

The second largest soyabean producer Maharashtra's production is expected to be 22 lakh tonnes, down by 4.594 lakh tonnes.

SOPA made no change in production figures of Rajasthan - 7.865 lakh tonnes and others 5.3 lakh tonnes.