India's soybean meal exports fell 60% year on year to 431 thousand tons in January to August 2026, a four-year low. Rapeseed meal exports dropped 8.6% to 1.17 million tons over the same period, with China remaining the largest buyer.
Lower Indian meal exports tighten the global protein meal supply available to importers, while high prices reduce competitiveness, which can support soybean meal and rapeseed meal prices.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
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.