India’s export of oil meals increased by 60% over the first nine months of the 2022–23 fiscal year, thanks to an increase in the export of rapeseed meal and soyabean meal. The country exported 28.25 lakh tonnes (lt) of oil meals between April and December of 2022–23, up from 17.67 lt during the same period…
In the current oil year 2022–23, which begins in October, soybean crushing in the nation is anticipated to climb by roughly a fifth to 100 lakh tonnes (lt), compared to 84 lt in the previous season, due to greater availability of the oilseed due to higher output and carryover stockpiles. The Soyabean Oil Processors Association…
Poultry feed producers such as Godrej Agrovet and IB Group have reduced prices following the government’s recent action to allow more soyabean meal imports. Other feed producers are likely to follow the action. Soyabean meal is a crucial ingredient in the poultry feed along with maize. Feed prices had been on an upraising over the…
