Soybean| India's Soymeal exports in May sank 91.5 percent from a year earlier.

June 9, 2014 9:59 AM | Skymet Weather Team

India's Soymeal exports in May sank 91.5 percent from a year earlier, according to a trade body, as higher Soymeal prices prompted buyers to turn to competitor south America.India's Soybean output is estimated to drop by 4.4 percent to 10.23 million tonnes in the 2013-14 year, due to crop-damaging rains during the harvest.

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