India soybean-meal exports are expected to rise 25% in 2012 after above-normal monsoon rainfall helped increase the crop, according to reports.
Production in 2011-2012 may exceed 11 million tons on the 10.32 million hectares (25.5 million acres) of soybeans planted, according to the country's farm ministry. The numbers may lead to export shipments totaling 5 million metric tons in the year beginning Nov. 1, up from the current year's estimated 4 million metric tons. Strong demand in Japan and Europe are expected to help with the gains in India exports.
Production in 2011-2012 may exceed 11 million tons on the 10.32 million hectares (25.5 million acres) of soybeans planted, according to the country's farm ministry. The numbers may lead to export shipments totaling 5 million metric tons in the year beginning Nov. 1, up from the current year's estimated 4 million metric tons. Strong demand in Japan and Europe are expected to help with the gains in India exports.
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