Why a Weaker Rupee Did Not Save India's Soybean Meal Exports

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.

• Dec 17, 2021India's November oilmeal exports down 51%; soybean meal export unlikely next 2-3 months: SEA+7.1%
• Dec 2, 2025US soybean meal exports exceed expectations-2.4%
• Aug 17, 2021India could allow soybean meal imports | 2021-08-17 | World Grain-3.2%
• Apr 18, 2016Indian soybean meal on the world market too expensive+5.3%
• Jan 18, 2018India's soymeal exports could fall a fifth as prices rally: dealers+5.5%

After 26 past neutral trade events, Brazilian Real (BRL per USD) moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.4%), and +1.3% over 20.

• Mar 21, 2023China soybean prices plunge amid weaker local demand, higher Brazil farmer sales-0.3%
• Jul 25, 2018Why the EU Was Already Likely to Import More U.S. Soybeans - Bloomberg+0.2%
• Jun 25, 2019China’s US soybean and pork imports down 55.3 per cent due to trade war, African swine fever | South China Morning Post-0.1%
• Mar 5, 2019Brazilian 2018/19 soy exports seen falling as much as 18% in part due to increased biodiesel demand : The Daily Digest+1.8%
• Jul 17, 2026Record rice exports help lift producer prices in Brazil - DatamarNews-0.2%