India is set on fulfilling its fuel blending mandate and has plans to achieve up to 20 percent ethanol blending in the near future. However, there are several factors and/or obstacles that must first be considered. Soy Plantings Lagging; Prices Down Ministry of Agriculture data indicates that the area under soybeans as of 28 July totaled 9.566 million hectares, 10.31 percent less than the 10.666 million hectares planted a year ago.There could be several reasons for the decline with ending stocks of nearly 1.83 MMT weighing on prices.The Soybean Processors Association of India (SOPA) estimated the country’s 2016/17 soybean production at 11.49 MMT, carryover at 0.441 MMT and total availability at 11.931 MMT. It projected that 8.5 MMT will b...