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India's soymeal off-take for food use is rising, with the SOPA trade body estimating a 33% increase to 800,000 tonnes in the 2021-22 oil year. The growth reflects consumer demand for high-protein foods.
SOPA plans an awareness programme to lift food-sector use further.
Growing food-sector demand diverts some soymeal from feed use, a modest tightening of domestic meal supply that could support feed-grade meal prices.
thehindubusinessline.comVishwanath KulkarniMar 10, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
