SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Soybean output in India likely to increase 20% to 10 MT in 2018-2019 crop year

30 Aug 2018 Evaluate

Soybean output in India is likely to increase around 20% to over 10 million tonnes (MT) in the 2018-2019 crop year (which starts in October). The Solvent Extractors’ Association of India’s (SEA) executive director B.V. Mehta has said that they are looking at higher acreage and satisfactory rain so far in major soybean growing areas such as Madhya Pradesh and Maharashtra.

Mehta further said that India would likely churn out 8.3 MT of soybeans in the 2017-2018 crop year that ends on September 30, 2018. Higher production in the world's top importer of edible oils could curb its appetite for cargoes from overseas, potentially dragging on international soybean prices.

As per the government’s data, the amount of land in India planted with soybeans for the 2018-2019 crop year had risen to 11.1 million hectares as of August 10, up from 10.2 million hectares at the same time the previous year. However, monsoon rains are likely to be below average in 2018, after some parts of the country experienced tepid rainfall during the first-half of the season.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×