Breaking News-RTRS - India's soybean output seen rising 10.5 pct in 2011/12

MUMBAI, Aug 8 (Reuters) - India's soybean output in 2011/12 is likely to rise 10.5 percent to 10.5 million tonnes as farmers plant a larger area with the crop and rains are adequate, fuelling chances soymeal exports may rise in the year, a senior industry official said.
In 2010/11 the country produced 9.5 million tonnes of soybean, the main summer-sown oilseed crop.
Madhya Pradesh and Maharashtra are the country's top two producing states, accounting for over 85 percent of total output. Soybean is crushed to produce soymeal and oil.