Soymeal: Domestic Consumption Forecast to Decline, Exports Expected to Rise

03-Apr-2026 01:39 PM

New Delhi. Domestic consumption of soymeal in India is projected to decline by 7 percent during the 2026-27 season compared to the 2025-26 season, as the use of cheaper alternatives to soymeal in the manufacture of animal and poultry feed is expected to increase. These alternatives include DDGS (Distillers Dried Grains with Solubles) and de-oiled rice bran, both of which are available at lower prices than soymeal.

Conversely, according to the Foreign Agricultural Service (FAS) of the U.S. Department of Agriculture (USDA), India's soymeal exports could witness a surge of up to 13 percent, driven by the growing demand and consumption of non-GM soymeal in European nations. While countries such as the U.S., Brazil, and Argentina primarily produce GM soybeans, India cultivates traditional, or non-GM, soybeans.

Similarly, sustained robust demand from China is expected to drive a 10 percent increase in India's exports of rapeseed meal. China had made record purchases of this commodity during the final months of 2025.

The USDA Post has projected a 3 percent contraction in the soybean sowing area in India during the 2026-27 season. In top-producing states like Madhya Pradesh and Maharashtra, some farmers may prioritize the cultivation of other high-value crops over soybeans. Consequently, total soybean production is projected to decline from 10.7 million tonnes to 10.35 million tonnes.