Harvest in the country is not completed yet and new downward corrections are possible.

Now oil prices in India are at historical low. Thus farmers are increasing the areas under cotton by 1.7 million hectares and under leguminous crops by 0.3 million hectares.

Low soybean prices in India force farmers to keep down sales as stocks grow. It is expected at the end of 2016 – 2017 soybean stocks to reach 1.9 million tonnes.