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India's soymeal carry-forward stocks for the 2026-27 oil year are estimated at 1.93 lakh tonnes, more than double the 0.68 lakh tonnes a year earlier, according to SOPA. Soybean stocks are projected 8% higher at 8.31 lakh tonnes as of October 1, while soymeal exports fell 50% to 10 lakh tonnes in 2025-26 as domestic prices rose.
Higher opening stocks and weaker exports point to ample domestic Indian meal supply, which is mildly bearish for soymeal export prices, though a smaller 2026-27 soybean crop of 107.9 lakh tonnes limits the downside.
in.investing.comNov 2, 2026After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
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.
