Seasonality
Seasonal pattern: Not documented
No seasonal price pattern is currently documented for soybean meal.
Soybean Meal Price
Monthly reported customs unit values, not live or executable quotes.
Latest reported price
$372 USD/t
As of Jul 2026
NormalPrevious 12 months
The latest value is within the typical range of $340–$372 USD/t.
Soybean Meal Price History
Soybean Meal Prices by Country
Soybean meal export unit values are shown in USD/t. Compare the reporting dates as well as the values; product mix and delivery terms can differ between countries.
| Country | Latest · USD/t | YoYYear on year |
|---|---|---|
| Bosnia and Herzegovina | $471 Jul 1, 2026 | +1.7% |
| Brazil | $369 Jul 1, 2026 | Not reported |
| Barbados | $598 Jul 1, 2026 | Not reported |
| Canada | $466 Jul 1, 2026 | +20% |
| Switzerland | $1,196 Jul 1, 2026 | +95% |
| Chile | $521 Jul 1, 2026 | Not reported |
| Georgia | $496 Jul 1, 2026 | +7.8% |
| Lithuania | $474 Jul 1, 2026 | -2.6% |
| Norway | $546 Jul 1, 2026 | +1.9% |
| United States | $372 Jul 1, 2026 | -25% |
| Bolivia | $265 Jun 1, 2026 | +6.9% |
| Czechia | $465 Jun 1, 2026 | -9.5% |
| Germany | $423 Jun 1, 2026 | +1.8% |
| Denmark | $618 Jun 1, 2026 | +45% |
| Estonia | $385 Jun 1, 2026 | -9.7% |
| United Kingdom | $451 Jun 1, 2026 | +3.3% |
| Greece | $440 Jun 1, 2026 | +13% |
| Hungary | $496 Jun 1, 2026 | -5.1% |
| India | $599 Jun 1, 2026 | +33% |
| Ireland | $407 Jun 1, 2026 | -9.6% |
| Japan | $1,092 Jun 1, 2026 | -0.1% |
| Luxembourg | $459 Jun 1, 2026 | -0.0% |
| Latvia | $420 Jun 1, 2026 | -0.8% |
| Moldova | $1,023 Jun 1, 2026 | -1.4% |
| Malaysia | $484 Jun 1, 2026 | +6.8% |
| Netherlands | $452 Jun 1, 2026 | +1.8% |
| Poland | $532 Jun 1, 2026 | -3.2% |
| Portugal | $413 Jun 1, 2026 | -4.5% |
| Serbia | $1,235 Jun 1, 2026 | +5.0% |
| Uzbekistan | $603 Jun 1, 2026 | Not reported |
| Belgium | $407 May 1, 2026 | +14% |
| Côte d’Ivoire | $338 May 1, 2026 | +40% |
| Egypt | $393 May 1, 2026 | +0.0% |
| Spain | $428 May 1, 2026 | +6.1% |
| Croatia | $634 May 1, 2026 | +2.6% |
| Italy | $569 May 1, 2026 | -0.2% |
| North Macedonia | $981 May 1, 2026 | Not reported |
| Romania | $420 May 1, 2026 | -1.5% |
| Slovakia | $552 May 1, 2026 | -2.9% |
| Slovenia | $443 May 1, 2026 | -15% |
| Thailand | $474 May 1, 2026 | -0.4% |
| South Africa | $391 May 1, 2026 | -20% |
| Colombia | $495 Apr 1, 2026 | +22% |
| Kazakhstan | $473 Apr 1, 2026 | +6.4% |
| Sweden | $393 Apr 1, 2026 | -95% |
| Argentina | $325 Mar 1, 2026 | +0.7% |
| Bulgaria | $797 Mar 1, 2026 | Not reported |
| Ghana | $373 Mar 1, 2026 | -31% |
| Guatemala | $1,076 Mar 1, 2026 | Not reported |
| Paraguay | $300 Mar 1, 2026 | -0.8% |
| Togo | $589 Mar 1, 2026 | -21% |
| France | $260 Dec 1, 2025 | -55% |
| Morocco | $532 Dec 1, 2025 | Not reported |
| Singapore | $87 Dec 1, 2025 | +135% |
| Türkiye | $432 Dec 1, 2025 | -4.2% |
| South Korea | $370 Nov 1, 2025 | Not reported |
| Pakistan | $531 Nov 1, 2025 | +717% |
| Saudi Arabia | $441 Oct 1, 2025 | -39% |
| Ukraine | $279 Sep 1, 2025 | -30% |
| Israel | $393 Aug 1, 2025 | Not reported |
| El Salvador | $376 Aug 1, 2025 | Not reported |
| Guyana | $505 Jun 1, 2025 | Not reported |
| New Zealand | $25,509 Apr 1, 2025 | Not reported |
| Burkina Faso | $128 Dec 1, 2024 | -78% |
| China | $454 Dec 1, 2024 | -24% |
| Grenada | $499 Dec 1, 2024 | Not reported |
| Nigeria | $430 Dec 1, 2024 | -52% |
| Indonesia | $330 Nov 1, 2024 | -57% |
| Namibia | $585 Aug 1, 2024 | -4.3% |
| Armenia | $632 Feb 1, 2024 | Not reported |
| Montenegro | $605 Feb 1, 2024 | Not reported |
| Malawi | $390 Feb 1, 2024 | -17% |
| Benin | $610 Dec 1, 2023 | +468% |
| Cameroon | $42 Dec 1, 2023 | -38% |
| Vietnam | $545 Dec 1, 2023 | +0.2% |
| Zambia | $422 Dec 1, 2023 | -13% |
| Tanzania | $440 Oct 1, 2023 | +186% |
| Botswana | $469 Sep 1, 2023 | Not reported |
| Zimbabwe | $110 Sep 1, 2023 | Not reported |
| Sao Tome and Principe | $379 Jun 1, 2023 | Not reported |
| Australia | $1,031 May 1, 2023 | Not reported |
| Oman | $660 May 1, 2023 | Not reported |
| Mauritius | $890 Apr 1, 2023 | +28% |
| Malta | $11,683 Feb 1, 2023 | Not reported |
| Kyrgyzstan | $100 Jan 1, 2023 | Not reported |
| Austria | $852 Dec 1, 2022 | Not reported |
| Jordan | $544 Dec 1, 2022 | Not reported |
| Tunisia | $570 Dec 1, 2022 | Not reported |
| Philippines | $2,989 May 1, 2022 | Not reported |
| Belarus | $694 Mar 1, 2022 | +9.8% |
| Senegal | $523 Feb 1, 2022 | Not reported |
| Kenya | $1,999 Dec 1, 2021 | Not reported |
| Myanmar | $520 Dec 1, 2021 | Not reported |
| Russia | $749 Dec 1, 2021 | +38% |
| Trinidad and Tobago | $550 Dec 1, 2021 | Not reported |
| Uruguay | $495 Dec 1, 2021 | Not reported |
| Rwanda | $831 Sep 1, 2021 | Not reported |
| China, Hong Kong Special Administrative Region | $761 Jul 1, 2021 | Not reported |
| Finland | $673 May 1, 2021 | Not reported |
| Uganda | $509 Dec 1, 2020 | Not reported |
| Azerbaijan | $506 Mar 1, 2020 | Not reported |
| Costa Rica | $530 Mar 1, 2020 | Not reported |
| United Arab Emirates | $413 Dec 1, 2019 | -12% |
| DR Congo | $881 Jul 1, 2019 | Not reported |
| Lesotho | $275 Feb 1, 2019 | Not reported |
| Belize | $513 Dec 1, 2018 | Not reported |
| Eswatini | $383 Jul 1, 2018 | Not reported |
| Angola | $8,961 Apr 1, 2018 | Not reported |
| Kuwait | $516 Aug 1, 2017 | Not reported |
| Mozambique | $190 Jul 1, 2017 | -3.4% |
| Sudan | $287 Aug 1, 2016 | Not reported |
| Ecuador | $3,000 May 1, 2016 | Not reported |
| Dominican Republic | $476 Jan 1, 2016 | Not reported |
| Gambia | $36 Dec 1, 2015 | Not reported |
| Yemen | $504 Jan 1, 2015 | Not reported |
| Mexico | $630 Dec 1, 2013 | +6.9% |
| Nicaragua | $199 Dec 1, 2011 | +0.1% |
| Ethiopia | $235 Sep 1, 2011 | Not reported |
| Iran | $250 Mar 1, 2010 | Not reported |
What shapes soybean meal prices?
Use these documented market characteristics when comparing periods, countries and supplier quotes.
Demand driver
Livestock production growth
Increasing meat, dairy and egg consumption drives higher feed protein needs.
Demand driver
Feed cost considerations
Soybean meal’s high protein efficiency makes it a cost‑effective feed ingredient.
Demand driver
Protein demand in animal diets
Balanced amino‑acid profiles of soybean meal support animal growth and health.
Soybean Meal Price Questions
- What is soybean meal?
- Soybean meal is the solid residue left after extracting oil from soybeans, and it is the main protein feed ingredient used in animal diets. It is traded as a processed, dried meal, either in ground or pelleted form.
- How does soybean meal differ from whole soybeans, hulls, or soy protein concentrate?
- Soybean meal is distinct from whole soybeans because the oil has been removed, concentrating the protein. It is also different from soybean hulls, which are the outer seed coats and lower in protein, and from soy protein concentrate, which undergoes further processing to raise protein content.
- What quality factors matter when buying soybean meal?
- Buyers assess protein content, fiber level, and urease activity to gauge nutritional value and proper processing. Protein content drives feed formulation, fiber affects digestibility, and urease activity indicates whether the meal was heated enough to inactivate anti-nutritional factors.
- How should soybean meal be stored?
- Soybean meal should be stored in a dry, well-ventilated area, protected from moisture and pests. Proper moisture control prevents mould growth and nutrient degradation, and good ventilation avoids condensation that can lead to caking.
- What are the main end uses of soybean meal?
- Soybean meal is used primarily as a protein source in animal feed for poultry, swine, cattle, and aquaculture. It is also used in pet food and in the production of textured vegetable protein for human consumption.