# Increased soyameal and rapemeal prices resulted in lowered oilmeal exports - Benison Media

> India's oilmeal exports fell 11% in April-October as Indian soymeal and rapemeal were priced above Brazilian and Argentine origins. October oilmeal exports were down 51% year on year. Indian soybean seed prices are high and the government cut vegetable oil import duties, so India is unlikely to export for the next two to three months.

- Date: 2021-11-25 · published 2021-11-25T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/44125-increased-soyameal-and-rapemeal-prices-resulted-in-lowered-oilmeal-exports
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Indian meal is out of the export market for months, leaving more global meal supply to Brazil and Argentina and keeping Indian domestic meal available for local poultry feed.

## Read by commodity

- SBM: neutral
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-05-25 | [Ukraine sharply increased exports of soybean and sunflower meal in 2022/23 MR](https://feedsoft.ai/events/36067-ukraine-sharply-increased-exports-of-soybean-and-sunflower-meal-in-2022-23-mr.md) | -2.3% | +6.9% |
| SBM | 2024-06-12 | [EU increased sunflower meal imports by 16% this season](https://feedsoft.ai/events/29886-eu-increased-sunflower-meal-imports-by-16-this-season.md) | +0.8% | +2.6% |
| SBM | 2023-12-18 | [Soyabean, rapeseed boost Indian oilmeal exports up by 21% in April-Nov - The HinduBusinessLine](https://feedsoft.ai/events/32821-soyabean-rapeseed-boost-indian-oilmeal-exports-up-by-21-in-april-nov-the.md) | -1.2% | -10.4% |
| SBM | 2023-11-22 | [In October, exports of Ukrainian sunflower meal to China increased significantly](https://feedsoft.ai/events/33284-in-october-exports-of-ukrainian-sunflower-meal-to-china-increased-significantly.md) | -2.8% | -11.5% |
| SBM | 2025-10-29 | [India's soybean meal exports fall by 11% due to high prices - The Economic Times](https://feedsoft.ai/events/22478-india-s-soybean-meal-exports-fall-by-11-due-to-high-prices-the-economic-times.md) | +3.4% | +2.2% |

## Sources

- benisonmedia.com: https://benisonmedia.com/increased-soyameal-and-rapemeal-prices-resulted-in-lowered-oilmeal-exports/

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