Soymeal commodity prices on Agriwatch are updated regularly based on the latest available mandi and market data.
Soymeal, the high-protein by-product derived from soybean oil extraction, is the backbone of India’s animal feed industry. Often described as the “Protein Powerhouse,” soymeal plays a vital role in poultry, dairy, aquaculture, and export feed formulations. Domestic availability of soybean and changes in crushing margins influence the soybean meal market price across trading hubs.
India’s non-GMO positioning provides an advantage in select global markets, particularly across Asia and parts of Africa. Because soymeal is directly linked to soybean crushing and global oilseed trends, movements in the soybean meal price today are closely tracked by crushers, exporters, and feed manufacturers.
Soymeal is commonly known in the trade as:
DOC (De-Oiled Cake)
Hi-Pro Meal (48% protein)
Low-Pro Meal (44–46% protein)
Although soymeal and soybean are distinct products, pricing in both markets remains interconnected. Participants often track the soybean meal price in India to assess raw material cost trends that affect soymeal production.
India produces approximately 9–9.5 million tonnes of soymeal annually. Crushing activity is concentrated in:
Madhya Pradesh: Indore, Dewas, Ujjain
Maharashtra: Nagpur, Latur, Akola
Rajasthan: Kota, Bundi
Smaller units in Telangana and Karnataka
Peak crushing occurs between October and January following soybean harvest. Higher arrivals during this period can moderate the soybean meal spot price, while tighter supply in later months may support the prices in India.
Standard soymeal parameters include:
Protein: 46–48% (Hi-Pro), 44–46% (Low-Pro)
Moisture: ≤11%
Oil residue: ≤1.5%
Fibre: ≤6%
Sand/Silica: ≤1%
Higher protein and better processing standards generally command premium realisations in the soybean meal price today.
Soymeal is widely used across feed sectors:
Poultry Feed
Primary protein source supporting growth and feed conversion efficiency.
Dairy Feed
Improves lactation performance and reproductive health.
Aqua Feed
Highly digestible plant protein for fish and shrimp diets.
Domestic feed demand significantly influences the soya meal rate today, particularly during peak poultry production cycles.
Soymeal pricing is closely tied to raw soybean costs. Traders and crushers monitor:
An increase in the market rates often translates into higher crushing input costs, which can lift the soybean meal market price unless oil prices offset margins.
India exports between 1–3 million tonnes of soymeal annually. Key destinations include:
Bangladesh
Vietnam
Nepal
Myanmar
UAE
Kenya
India’s non-GMO status provides a competitive advantage. However, export competitiveness depends on global price benchmarks and freight costs. International soymeal movements can influence the soybean meal spot price in domestic markets.
Soymeal competes with DDGS (Distillers Dried Grains with Solubles) in feed formulations. While DDGS may be cheaper, it carries risks related to mycotoxins and variable quality. Soymeal’s consistent protein content and lower toxin risk help sustain demand, supporting the soybean meal market price during periods of strong feed consumption.
Peak Arrival Season
October–January
Lean Period
April–August
During peak crushing months, ample supply can soften the soybean meal price today. In lean months, reduced soybean availability and steady export demand often support prices.
Key price drivers include:
Global CBOT soymeal prices
Indian soybean crop size
MSP announcements
Oil–meal crushing spreads
Feed demand cycles
The soybean meal price in India reflects the interaction between domestic fundamentals and global oilseed markets.