# India's oilmeals exports fall 37% to Rs 5,600 crore in FY22: SEA | Economy & Policy News - Business Standard

> India's oilmeal exports fell 36% in volume to 23.73 lakh tonnes in FY22, and value dropped 37% to Rs 5,600 crore, mainly on lower soybean meal shipments. The Solvent Extractors' Association said Indian meal was priced above Brazilian and Argentine offers, leaving it uncompetitive.

- Date: 2022-04-19 · published 2022-04-19T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/41921-india-s-oilmeals-exports-fall-37-to-rs-5-600-crore-in-fy22-sea-economy-and
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Reduced Indian meal exports leave more global soymeal demand to Brazil and Argentina, which supports South American meal prices. Farmers' high seed price expectations also point to tight Indian crush supply.

## Read by commodity

- SBM: bullish ▲
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-11-09 | [Soymeal exports likely to pick up soon as global prices rally: Report \| News - Business Standard](https://feedsoft.ai/events/33242-soymeal-exports-likely-to-pick-up-soon-as-global-prices-rally-report-news.md) | +4.0% | -4.8% |
| SBM | 2021-05-19 | [Pricey soyameal could drag oilmeals’ exports lower in H1  - The HinduBusinessLine](https://feedsoft.ai/events/47164-pricey-soyameal-could-drag-oilmeals-exports-lower-in-h1-the-hindubusinessline.md) | -4.8% | -9.2% |
| SBM | 2021-12-17 | [India's November oilmeal exports down 51%; soybean meal export unlikely next 2-3 months: SEA](https://feedsoft.ai/events/43711-india-s-november-oilmeal-exports-down-51-soybean-meal-export-unlikely-next-2-3.md) | +7.1% | +18.3% |
| SBM | 2018-01-18 | [India's soymeal exports could fall a fifth as prices rally: dealers](https://feedsoft.ai/events/6905-india-s-soymeal-exports-could-fall-a-fifth-as-prices-rally-dealers.md) | +5.5% | +14.1% |
| SBM | 2026-05-19 | [India soymeal exports to fall to four-year low on rising prices \| MarketScreener](https://feedsoft.ai/events/19327-india-soymeal-exports-to-fall-to-four-year-low-on-rising-prices-marketscreener.md) | -1.1% | -11.7% |
| SOY | 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) | -3.3% | -0.1% |
| SOY | 2019-04-01 | [U.S. Soybean Exports to China Increased in February; Trade Negotiations Return to Washington, D.C. \| Farm Policy News \| Illinois](https://feedsoft.ai/events/59451-u-s-soybean-exports-to-china-increased-in-february-trade-negotiations-return-to.md) | +1.7% | -4.2% |
| SOY | 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) | -2.2% | +0.4% |

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/india-s-oilmeals-exports-fall-37-to-rs-5-600-crore-in-fy22-sea-122041900684_1.html

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