Soymeal Exports Likely To Million - Oct 22, 2008

India's soymeal exports are likely to surge by 14 per cent to 5.5 million tonnes this year though realisation may go down as fears of global recession have already started squeezing prices in international markets. Last year the prices touched $492 a tonne. But now they are ruling at the $300-level. The exports touched 4.89 million tonnes in 2007-08.