India's soymeal exports up 16% on year at 137,000 tn in May, says SOPA
This story was originally published at 16:31 IST on 13 June 2025
Register to read our real-time news.Informist, Friday, Jun. 13, 2025
Please click here to read all liners published on this story
--SOPA: India Oct-May soymeal exports at 1.46 mln tn vs 1.64 mln tn
--SOPA: India May soymeal exports at 137,000 tn vs 118,000 tn yr ago
--SOPA: India May soymeal output at 710,000 tn vs 750,000 tn yr ago
--SOPA: India Oct-May soymeal output at 6.23 mln tn vs 6.83 mln tn yr ago
--SOPA: India May soybean arrivals at 600,000 tn vs 750,000 tn yr ago
--SOPA: India Oct-May soybean arrivals at 8.35 mln tn vs 8.95 mln tn yr ago
NEW DELHI – India's soymeal exports in May rose 16% on year to 137,000 tonnes, The Soybean Processors Association of India said in a release. However, cumulative exports in the first eight months of the edible oil year 2024–25 (Oct–Sept) fell to 1.46 million tonnes from 1.64 million tonnes in 2023-24, data from SOPA showed.
India exported soymeal to more than 70 countries from October to May. Bangladesh, Nepal, Germany, France, Japan, and Kenya continued to be the top buyers of Indian soymeal, according to data released by the association. Soymeal production in May declined to 710,000 tonnes from 750,000 tonnes a year ago. Output in the eight months from October to May stood at 6.23 million tonnes, compared with 6.83 million tonnes a year ago.
Soybean arrivals in May were reported at 600,000 tonnes, lower than 750,000 tonnes a year ago. In Oct–May, arrivals slipped to 8.35 million tonnes from 8.95 million tonnes a year ago, SOPA said.
Soybean crushing during Oct-May was 7.9 million tonnes, down from 8.7 million tonnes a year ago, SOPA estimates showed. At the end of May, soybean stock with farmers, traders, and processing plants stood at 2.28 million tonnes. Government agencies--National Agricultural Cooperative Marketing Federation of India and National Cooperative Consumers Federation of India--held about 1.6 million tonnes as of Jun. 11, SOPA said.
At the end of May, oil mills, traders, and farmers were left with around 3.88 million tonnes of soybean stock, down from 4.80 million tonnes a month ago, SOPA data showed. Meanwhile, soymeal stock at the end of May rose to 149,000 tonnes, up from 136,000 tonnes in April. The rise in soymeal stock despite lower soybean arrivals, production, and crushing indicates subdued domestic and export demand.
Soybean is crushed to extract soyoil, leaving the by-product soymeal. This is primarily used as poultry and livestock feed. Indian soymeal is non-genetically modified and rich in protein, making it attractive in global feed markets. However, competitive pressure from cheaper feed alternatives such as distiller's dried grains with solubles weigh on exports. India is among the largest importers of soyoil and an exporter of soymeal. End
Reported by Afra Abubacker
Edited by Rajeev Pai
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
