Organic Soybean Prices Could Rise on Indian / Iranian Meal Export Deal

Organic Soybean Prices Could Rise on Indian / Iranian Meal Export Deal

Organic soybean prices could rise as Indian exports to the United States slow according to the executive director of the Indian Solvent Extractors Association. India’s soymeal exports to Iran could jump to 450K tons during the 2018/19 fiscal year up from just 22,910 tons during the previous fiscal year which ends in March. Exports could rise to 500K tons according to the SEA.

The Trade

The deal is basically a soybean meal trade for oil. India’s soymeal sales to Iran…

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