# India’s November oil meal exports jump 150% year on year

> India's oil meal exports rose 150% year on year in November to 407,193 tonnes, according to the Solvent Extractors Association. Soymeal exports reached 164,075 tonnes, up 282%, as the weaker rupee and lower domestic prices made Indian meal competitive. Indian meal was quoted below Brazilian meal in Rotterdam.

- Date: 2022-12-21 · published 2022-12-21T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/38323-india-s-november-oil-meal-exports-jump-150-year-on-year
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Cheaper Indian soymeal adds competing supply in export markets, which pressures prices for Brazilian and US meal. Feed buyers may find more affordable meal options from India.

## Read by commodity

- SBM: bearish ▼
- USDINR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2016-12-14 | [India’s soymeal exports to hit 3-year high as soybean output jumps – Customs Today Newspaper](https://feedsoft.ai/events/73549-india-s-soymeal-exports-to-hit-3-year-high-as-soybean-output-jumps-customs.md) | -1.5% | +3.4% |
| SBM | 2025-09-20 | [India’s oilmeal exports drop 12% in August as soybean meal shipments slip  - The HinduBusinessLine](https://feedsoft.ai/events/22988-india-s-oilmeal-exports-drop-12-in-august-as-soybean-meal-shipments-slip-the.md) | -4.4% | -1.1% |
| SBM | 2017-04-13 | [Market report of India's soymeal - Benison Media](https://feedsoft.ai/events/71574-market-report-of-india-s-soymeal-benison-media.md) | -1.5% | -0.5% |
| SBM | 2023-01-18 | [India’s soymeal exports to jump as drought curbs Argentine supply: industry officials - Markets - Business Recorder](https://feedsoft.ai/events/10664-india-s-soymeal-exports-to-jump-as-drought-curbs-argentine-supply-industry.md) | -3.9% | +3.0% |
| SBM | 2017-02-06 | [End of January Soybean Meal Export, Shipments](https://feedsoft.ai/events/72571-end-of-january-soybean-meal-export-shipments.md) | +3.2% | -0.7% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/indias-november-oil-meal-exports/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.