Soyabean trading range for the day is 3021-3069. Soyabean prices gained as investors covered short position at lower level amid supply worries from Argentina. Conab has raised the Brazil’s 2016/17 soybean production forecast to 103.8 million tonnes from its December forecast of 102.45 million tonnes. NCDEX accredited warehouses soyabean stocks gained by 1704 tonnes to 150045 tonnes. At the Indore spot market in top producer MP, soybean gained 17 rupee to 3044 rupee per 100 kgs.

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