# Nagpur Soybean, Soyoil, Soymeal Open- October 24, 2017 | Reuters

> Soybean prices fell at the Nagpur APMC on October 24 due to weak demand from local crushing plants and high-moisture arrivals. Soyoil and soymeal had no buyers, and Madhya Pradesh soybean prices also declined.

- Date: 2017-10-24 · published 2017-10-24T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/68555-nagpur-soybean-soyoil-soymeal-open-october-24-2017-reuters
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Weak crusher demand and no takers for soymeal signal soft domestic Indian soybean meal demand, a bearish sign for local crush margins.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/world/us/nagpur-soybean-soyoil-soymeal-open-october-24-2017-idUSL4N1MZ3CX/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.