Soybean Meal Price Trends

Procurement Resource provides latest prices of Soybean Meal. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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Chart Description: 

Procurement Resource provides Soybean Meal prices for regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About Soybean Meal: 

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.

Industrial Uses: 

  • Animal feed
  • Soy flour
  • Beverages (like soy milk)
  • Dietary supplements
  • Healthcare products

Production Processes: 

  • Production of Soybean Meal via Solvent-Extraction Of Soybean Oil.

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.

Supplier Database: 

  • SunOpta Inc. 
  • Grain Millers, Inc.
  • Adams Group
  • Simmons Grain Company
  • Professional Proteins, Ltd. 

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.

Contact us for any specific request related to Soybean Meal.

Methodology: 

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).