# Why Soybean Meal Prices Are Diverging from Other Commodities | CZ app

> A commentary on soybean meal notes that the July 2022 CBOT soybean meal futures contract expired in line with spot physical prices, with a sharp rally near expiry. The author says demand is absorbing rising supply and high processing margins are keeping plants running.

- Date: 2022-07-25 · published 2022-07-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11486-why-soybean-meal-prices-are-diverging-from-other-commodities-cz-app
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Convergence at expiry and strong crush margins keep soybean meal supply tight relative to demand, supporting meal prices for feed buyers. Rail driver shortages add logistics friction to physical delivery.

## Read by commodity

- SBM: bullish ▲
- SOY: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2022-07-28 | 5 | +12.5% | 3.3 | The July meal contract expired with a sharp rally, and demand absorbing supply plus high crush margins supported prices. |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/why-soybean-meal-prices-are-diverging-from-other-commodities/

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