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India's soymeal exports to jump as drought curbs Argentine supply - industry officials
India's soymeal exports to jump as drought curbs Argentine supply - industry officials
Soymeal prices rose in the world market as Argentina's soybean production was forecast to fall to 41 million tonnes in 2022/23 due to drought, from 48 million tonnes previously estimated. India's soymeal exports in the first three months of the 2022/23 marketing year, which started on Oct. 1, jumped 223% to 325,409 tonnes, according to trade body the Solvent Extractors' Association of India.
Soymeal prices rose in the world market as Argentina's soybean production was forecast to fall to 41 million tonnes in 2022/23 due to drought, from 48 million tonnes previously estimated. India's soymeal exports in the first three months of the 2022/23 marketing year, which started on Oct. 1, jumped 223% to 325,409 tonnes, according to trade body the Solvent Extractors' Association of India.
Soymeal prices rose in the world market as Argentina's soybean production was forecast to fall to 41 million tonnes in 2022/23 due to drought, from 48 million tonnes previously estimated. India's soymeal exports in the first three months of the 2022/23 marketing year, which started on Oct. 1, jumped 223% to 325,409 tonnes, according to trade body the Solvent Extractors' Association of India. 
