Soybean supplies have fallen by 15% in the first two months of the 2024-25 oil year as farmers have held back their crops in anticipation of better prices. Prices have fallen below the minimum support price of ₹4,892 to less than ₹4,200 per quintal. As global supplies of soybeans are increasing, so are prices due…
The first half of the oil year 2022–23, which began in October, saw a 110 percent increase in soya meal and valueadded soya product exports. This was mostly due to large purchases made by Vietnam and its neighbors Bangladesh and Nepal. According to the Soybean Processors Association of India (SOPA), the shipment of meals increased…
The industry anticipates that soya meal shipments would more than double to 14 lakh tonnes (lt) in the current oil season (October 2022–September 2023) due to the recovery in demand for Indian soya meal, particularly from SouthEast Asian and Far Eastern countries. Exports of soya meals are off to a good start. Shipments climbed by…
