The tally follows a wave of buying from Sinograin, the state company in charge of managing China’s strategic grain reserves.
The US wants greater access for its GM crops, something which India is unlikely to yield as trade negotiations enter the final lap
India is likely to allow increased imports of energy products, edible oils, automobiles, and defence equipment, among others, in order to slash the looming Trump tariffs.
The upcoming soybean and groundnut harvests in October are anticipated to further mitigate any inflationary effects of the duty hike on edible oil, according to economists.
Health benefits of soybeans: A nutritional powerhouse, soybeans are rich in dietary fibre, supporting digestion and a feeling of fullness. They are also a good source of healthy polyunsaturated fats, including omega-3 and omega-6 fatty acids, which promote cardiovascular well-being.