date:Jun 09, 2014
ng tight local supplies of soyabean. Soyabean is crushed to produce soyabean oil and soyameal, which is used as animal feed.
India's soyabean output is estimated to have dropped 4.4 percent to 10.23 million tonnes in the 2013/14 year, due to crop-damaging rains during the harvest. Iran, Japan and Thailand are usually key buyers of Indian soyameal, but are not currently showing buying interest, said an exporter based in Indore in the central state of Madhya Pradesh.
The plunge in soyameal exp