Soybean meal shipments plunged 73% as cheaper supplies from Argentina and Brazil captured market share, the Solvent Extractors’ Association of India said. New Delhi, Nov 9 (PTI) India's exports of oilmeals, mainly used as animal feed, fell. Indian oilmeal exports fell 28.5% (Apr-Aug) due to a 73% plunge in soybean meal sales, facing stiff competition from cheaper South American supplies.