India's exports of oilmeals, mainly used as animal feed, fell 28.51 per cent in the April-August period of the current fiscal year to 12.82 lakh tonne, as a slump in soybean meal sales weighed on shipments, an industry body said on Monday. Exports were 17.93 lakh tonnes in the same period a year earlier, the Solvent Extractors' Association of India (SEA) said. Total oilmeal exports in the 2025-26 fiscal year stood at 37.68 lakh tonnes. Soybean meal exports plunged 73 per cent to 2,05,000 tonnes from 7,57,000 tonnes a year earlier. "Indian soybean meal has faced severe pricing pressure in international markets during August 2026, trading around USD 622 per tonne compared to global benchmarks near USD 445 per tonne," the SEA said in a statement. Cheaper supplies from South American producers such as Argentina and Brazil continue to capture major market share, it added. Strong domestic demand from livestock and poultry feed makers, along with continued Red Sea shipping disruptions an
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