# Soyabean crushers face triple whammy  - The HinduBusinessLine

> 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.

- Date: 2022-01-10 · published 2022-01-10T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/43211-soyabean-crushers-face-triple-whammy-the-hindubusinessline
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower Indian crush and higher meal prices reduce domestic meal supply and firm meal values, though weak demand limits the upside for export buyers.

## Read by commodity

- SBM: bullish ▲
- SBO: neutral
- SOY: neutral

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/soyabean-crushers-face-triple-whammy/article38223200.ece

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