date:Jul 14, 2014
roduction will decline, necessitating additional imports next year.
Soybean output in India may tumble to a five-year low of 11 million tons in the crop year beginning Oct. 1 as the weakest monsoon since 2009 delays planting, Dinesh Shahra, managing director of Ruchi Soya Industries Ltd., said on July 8. Vegetable oil purchases, including for industrial use, may climb 12 percent to 12 million tons in the year to October and rise further in 2014-2015, he said.
Drought Odds
The monsoon, which p