# Soybean Meal (SBM)

> Soybean Meal price today: Feedsoft benchmark, price history, statistically significant moves and the events behind them, with reference markets incl. Milan, IT, Dalian, CN, Indore, IN, Jalisco, MX.

- Page: https://feedsoft.ai/c/SBM
- JSON (Business API): https://feedsoft.ai/api/v1/benchmarks/SBM?range=1Y
- Group: Protein Meals & Fats · default unit $/st

## Series tracked

| Series | Source | Market | Unit | Frequency |
| --- | --- | --- | --- | --- |
| CME front month | CME Group (via Yahoo Finance) | CME | $/st | daily |
| World Bank monthly avg | World Bank Pink Sheet | Global | $/mt | monthly |
| Milan soybean meal, delivered first customer | EU Agri-food Data Portal | Milan, IT | €/t | weekly |
| Dalian soybean meal, main contract settlement | Dalian Commodity Exchange | Dalian, CN | CNY/mt | daily |
| NCDEX soybean meal spot | NCDEX | Indore, IN | INR/mt | daily |
| SNIIM soybean meal, feed ingredients (monthly) | SNIIM (Mexico) | Jalisco, MX | MXN/mt | monthly |

## Latest (Feedsoft Soybean Meal · Global, $/mt, daily)

| As of | Last | Change | Change % | YoY % | 52w high | 52w low | Ann. volatility |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 2026-11-03 | 390.05 | -3.22 | -0.82% | +3.9% | 440.34 | 338.89 | 17.1% |

## Recent history

| Date | Close |
| --- | --- |
| 2026-11-03 | 390.05 |
| 2026-11-02 | 393.27 |
| 2026-11-01 | 398.33 |
| 2026-10-30 | 398.13 |
| 2026-10-29 | 398.13 |
| 2026-10-28 | 402.69 |
| 2026-10-27 | 408.87 |
| 2026-10-26 | 407.81 |
| 2026-10-25 | 413.21 |
| 2026-10-23 | 418.87 |
| 2026-10-22 | 418.87 |
| 2026-10-21 | 420.02 |
| 2026-10-20 | 420.97 |
| 2026-10-19 | 421.36 |
| 2026-10-18 | 425.87 |
| 2026-10-16 | 428.05 |
| 2026-10-15 | 428.05 |
| 2026-10-14 | 430.61 |
| 2026-10-13 | 440.34 |
| 2026-10-12 | 440.34 |

## Significant moves (last 12 months)

| Date | Change % | z-score |
| --- | --- | --- |
| 2026-10-12 | +4.4% | 4.1 |
| 2026-09-21 | +3.0% | 3.1 |
| 2026-09-18 | -3.0% | -3.3 |
| 2026-09-17 | -3.0% | -3.4 |
| 2026-06-09 | -10.9% | -4.4 |
| 2026-06-08 | -8.1% | -7.1 |
| 2026-06-08 | -7.8% | -3.2 |
| 2026-05-11 | +4.7% | 3.8 |
| 2026-04-27 | +3.5% | 3.0 |
| 2026-04-10 | +3.5% | 3.1 |

## Recent events

- 2026-10-09 · report · USDA WASDE report (https://www.usda.gov/oce/commodity/wasde)
- 2026-09-21 · trade · Soja: Demanda Global Impulsiona Preço Do Farelo | MM Cereais (https://mmcereais.com.br/en/2026/soja/soja-demanda-global-impulsiona-preco-do-farelo/)
- 2026-09-21 · trade · Soybean market: strong exports, extreme fund length, mixed price signals — CMB News (https://commodity-board.com/funds-trim-length-but-exports-keep-soybean-market-bid)
- 2026-09-21 · trade · Soybean meal holds momentum despite high domestic inventories | Mysteel (https://www.mysteel.net/analysis/5141978-soybean-meal-holds-momentum-despite-high-domestic-inventories)
- 2026-09-20 · trade · Soybeans Face Risk Off Pressure into the Weekend, as Meal Leads the Way to the Downside – Finance News (https://financepressa.com/soybeans-face-risk-off-pressure-into-the-weekend-as-meal-leads-the-way-to-the-downside/)
- 2026-09-19 · market · Soybean Futures Fall 17 Cents as Fund Longs Retreat and China Trade Uncertainty Returns Ahead of Trump-Xi Talks - Today Markets (https://todaymarkets.com/soybean-futures-fall-17-cents-as-fund-longs-retreat-and-china-trade-uncertainty-returns-ahead-of-trump-xi-talks/)
- 2026-09-18 · market · Soybeans Drift Lower Into Weekend as Meal Leads Gains (https://www.stocksbreaking.com/soybeans-drift-lower-into-weekend/)
- 2026-09-17 · market · CBOT soybeans end narrowly mixed; firm cash market lifts soymeal - DBA News | Rallies (https://rallies.ai/news/cbot-soybeans-end-narrowly-mixed-firm-cash-market-lifts-soymeal-91d216b7e93d61a0)
- 2026-09-16 · report · SunSirs: NOPA Monthly Report and Arbitrage Factors Drive Soybean Meal Prices Higher (https://www.sunsirs.com/commodity-news/petail-36180.html)
- 2026-09-11 · report · USDA WASDE report (https://www.usda.gov/oce/commodity/wasde)

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.