# India's oilmeal exports fall 28.5% as soymeal loses to Brazil, Argentina

> India’s oilmeal exports fell 28.51% year over year to 1.282 million tonnes in April–August, while soybean meal exports plunged 73% to 205,000 tonnes. Indian soymeal traded at about $622 per tonne versus global benchmarks near $445, as cheaper South American supplies, strong domestic feed demand and high freight costs weighed on shipments.

- Date: 2026-11-09 · published 2026-11-09T07:39:20.724Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/89072-india-s-oilmeal-exports-fall-28-5-as-soymeal-loses-to-brazil-argentina
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Reduced Indian export competition leaves more meal available domestically, while lower-priced South American supplies add pressure to international soymeal prices. Strong domestic feed demand may partly offset that bearish supply effect in India.

## Read by commodity

- SBM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2024-03-25 | [Argentina soymeal exports set to rise \| Latest Market News](https://feedsoft.ai/events/13933-argentina-soymeal-exports-set-to-rise-latest-market-news.md) | -2.4% | +1.0% |
| SBM | 2026-06-20 | [Brazil’s soymeal export push challenges Argentina’s dominance - Markets - Business Recorder](https://feedsoft.ai/events/18881-brazil-s-soymeal-export-push-challenges-argentina-s-dominance-markets-business.md) | +1.2% | +5.7% |
| SBM | 2023-01-18 | [India’s soymeal exports to jump as drought curbs Argentine supply: industry officials - Markets - Business Recorder](https://feedsoft.ai/events/10664-india-s-soymeal-exports-to-jump-as-drought-curbs-argentine-supply-industry.md) | -3.9% | +3.0% |
| SBM | 2023-09-07 | [Brazil Breaks Soybean Export Record and Displaces Argentina in the Global Soybean Meal Market - farmdoc daily](https://feedsoft.ai/events/14814-brazil-breaks-soybean-export-record-and-displaces-argentina-in-the-global.md) | -1.1% | -8.6% |
| SBM | 2026-10-21 | [Argentina plans to increase soybean crush and exports in 2026/27](https://feedsoft.ai/events/13773-argentina-plans-to-increase-soybean-crush-and-exports-in-2026-27.md) | -3.1% | — |

## Sources

- business-standard.com: https://www.business-standard.com/economy/news/india-s-oilmeal-exports-fall-28-5-as-soymeal-loses-to-brazil-argentina-126110900396_1.html
- freepressjournal.in: https://www.freepressjournal.in/business/indias-soybean-meal-exports-take-a-massive-73-hit-as-cheaper-global-supplies-dominate-overall-oilmeal-shipments-plunge-2851-amid-rising-price-pressure
- theweek.in: https://www.theweek.in/wire-updates/business/2026/11/09/india-s-apr-aug-oilmeal-exports-fall-28-5pc-as-soymeal-loses-to-brazil-argentina.html

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