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India's soybean crushing industry is struggling, with crushing in October-December down 37% year on year as farmers hold stocks and arrivals fell 23%. Soymeal prices are up amid muted domestic and export demand, while oil recovery is low due to lack of crush parity.
Lower Indian crush and higher meal prices reduce domestic meal supply and firm meal values, though weak demand limits the upside for export buyers.
thehindubusinessline.comVishwanath KulkarniJan 10, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
