As per the report compiled by Soyabean Processors Association of India (SOPA), the country’s soyameal exports stood at 168,341 tonnes in July this year. This is a rise of 20.63% as compared to 139,551 tonnes of shipment done by the country in the same month of the last year.
During April-July month this year, export stood to 824,208 tonnes compared to 737,522 tonnes in the four-month period of 2010-11, a rise of 11.75%. During October-July month of the current oil year (October-September) period, soyameal exports fell by 3.35% to 36,10,040 tonnes compared with 37,35,369 tonnes in the same period of the 2010-11 oil year.
India exports soyameal to Japan, Vietnam, Thailand, Indonesia and China, among others. In the 2011-12 crop year (July-June) period, the country is estimated to have harvested 12.28 million tonnes of soyabean against 12.73 million tonnes in the year-ago period.