India soymeal exports to hit 10-yr low as Iran trims purchases
A farmer winnows paddy crops at a field on the outskirts of Agartala, Nov. 28, 2013. (Reuters)/ India's soymeal exports are likely to fall by a fifth to their lowest in a decade at 2 million tonnes in the marketing year that starts in October, with top buyer Iran turning to South American sellers of the animal feed, a senior industry official said. Iran has been stepping up purchases from Brazil and Argentina after trade sanctions over Tehran's disputed nuclear program were eased in late 2013, said Dinesh Shahra, managing director of Ruchi ...
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