India's Soymeal Exports Decline in May India's exports of soymeal in May totaled 142,588 MT, 19.2 percent below the 176,819 MT exported in May 2011. Since 1 November 2012 India has exported 2.874 MMT of soymeal. Exports of rapeseed meal during May of this year fell to 84,078 MT versus 130,082 MT in May 2011.India's exports of soymeal to Iran in April and May of this year totaled 150,974 MT. In the same two months of last year it exported only 50,387 MT of soymeal to Iran. The higher exports this year are the result of international sanctions that have been imposed on Iran. India exporters have received partial payment for their soymeal in Indian rupees paid by the Iranian government from petroleum sales to India.Indian exports of other p...