| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Soybean Meal | China | FOB | USD 442.40/MT | April 2026 |
| Soybean Meal | India | CIF | USD 492.28/MT | April 2026 |
| Soybean Meal | USA | CIF | USD 529.40/MT | April 2026 |
| Soybean Meal | Brazil | CIF | USD 563.50/MT | April 2026 |
| Soybean Meal | Canada | CIF | USD 529.40/MT | April 2026 |
| Soybean Meal | China | FOB | USD 478.22/MT | March 2026 |
Stay updated with the latest Soybean Meal prices, historical data, and tailored regional analysis
The price of soybean meal in China rose during Q1 of 2026, following the trend of an increase in the price of feedstocks. Soybean meal prices averaged ~ RMB 3.17/kg in January while climbing to ~ RMB 3.30/kg in March, representing an overall increase of 5.30%. The main reason behind such an increase in soybean meal prices was the country's heavy dependence on imported soybeans. Changing international trade flows toward South American soybeans made imports possible but restricted supply due to changing logistics needs. Higher import activity in the livestock sector for use in animal feed, as well as imported soybeans used in making edible oils, maintained steady demand. Meanwhile, geopolitical issues in the Middle East impacted shipping and raised transport costs due to delays in delivery and higher freight charges. Despite a sufficient global soybean supply, these logistical constraints and steady demand supported prices toward the end of the quarter, preventing any decline.
Analyst Insight
According to Procurement Resource, soybean meal prices are expected to remain slightly firm in the coming months, supported by stable feed demand since continued sensitivity to import logistics and freight conditions will keep the market dynamics complicated.
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| Product | Category | Region | Price | Last Updated Month |
| Soybean Meal | Agriculture, Farming and Commodity | China | 410 USD/MT | July 2025 |
| Soybean Meal | Agriculture, Farming and Commodity | China | 440 USD/MT | December 2025 |
Stay updated with the latest Soybean Meal prices, historical data, and tailored regional analysis
The Chinese soybean meal market navigated a broadly fluctuating trend throughout the second half of 2025, shaped by the domestic inventory dynamics and persistently subdued terminal demand. The prices were about 410 USD/MT (Spot FD) in July and around 440 USD/MT in December, which represented an increase of approximately 7.3%. The period opened with prices moving in a narrow range, as weak downstream feed consumption and elevated domestic inventories limited upward momentum. Despite intermittent support from overseas soybean futures driven by revised production estimates and fluctuating U.S. export data, the market struggled to sustain meaningful gains, with each rally giving way to subsequent corrections.
As the period progressed, a brief recovery phase took hold, led by a modest pickup in livestock sector demand. However, the rebound was short-lived. Rising imported soybean arrivals at domestic ports increased supply availability, and cautious procurement behaviour by feed mills kept a lid on market sentiment. Inventory levels remained elevated for the greater part of the period, exerting consistent downward pressure. Toward year’s end, the market settled into a tighter oscillating range. Demand from the terminal feed sector remained largely uninspiring, while futures market performance offered limited directional guidance. The overall trajectory for the half was one of contained, range-bound movement rather than a clear trend.
Soybean meal is the by-product of the soybean oil extraction process. It is widely used for its crude protein content. Soybean meal serves as the most important protein source to feed the farm animals. It is also known as a source of metabolisable energy. Sometimes, soybean meal is also prepared from the residue left after oil extraction.
Animal feed, Soy flour, Beverages (like soy milk), Dietary supplements, Healthcare products
SunOpta Inc, Grain Millers, Inc, Adams Group, Simmons Grain Company, Professional Proteins, Ltd.
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In this process, extraction of soybean oil from soybean flakes is carried out with the help of solvent. In the regions like the US, almost all soybeans (99%) are solvent-extracted. This is considered as the most efficient method as only 1.5% oil is left in the resulting Soybean Meal.
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