# The price of soybean meal increased in Russia

> Russian soybean meal prices rose 25-27% over the past week. Most Russian supply is imported from South America, and processors are discussing new plants that would run only on domestic soybeans.

- Date: 2022-03-04 · published 2022-03-04T12:00:00.000Z
- Category: geopolitics · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/12631-the-price-of-soybean-meal-increased-in-russia
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Import dependence combined with a sharp local price spike raises Russian feed costs and may shift future demand toward domestic crushing and alternative protein meals.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CANMEAL: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-03-04 | [How strength in soybean prices is linked to the Black Sea conflict](https://feedsoft.ai/events/12630-how-strength-in-soybean-prices-is-linked-to-the-black-sea-conflict.md) | +8.6% | +1.6% |
| SBM | 2025-02-11 | [Ukraine's Decreased Grain Production Creates Opportunities for Russia](https://feedsoft.ai/events/14231-ukraine-s-decreased-grain-production-creates-opportunities-for-russia.md) | -1.2% | -1.4% |
| SBM | 2022-04-04 | [Livestock industry concerned over surging maize, soyameal prices  - The HinduBusinessLine](https://feedsoft.ai/events/41925-livestock-industry-concerned-over-surging-maize-soyameal-prices-the.md) | +2.8% | -3.1% |
| SBM | 2022-03-04 | [Meat producers expect production cost increase](https://feedsoft.ai/events/42399-meat-producers-expect-production-cost-increase.md) | +8.6% | +1.6% |
| SBM | 2026-09-25 | [What’s Behind the Latest Surge in Grain and Oilseed Prices?](https://feedsoft.ai/events/11998-what-s-behind-the-latest-surge-in-grain-and-oilseed-prices.md) | -5.3% | -4.5% |
| SOY | 2023-07-17 | [Russia-Ukraine grain deal: What does it mean for global food prices](https://feedsoft.ai/events/35104-russia-ukraine-grain-deal-what-does-it-mean-for-global-food-prices.md) | +0.4% | -6.3% |
| SOY | 2022-03-04 | [How strength in soybean prices is linked to the Black Sea conflict](https://feedsoft.ai/events/12630-how-strength-in-soybean-prices-is-linked-to-the-black-sea-conflict.md) | +1.2% | -3.7% |
| SOY | 2022-02-24 | [The price of wheat has jumped to its highest level since 2012 amid Russia's invasion of Ukraine \| Fortune](https://feedsoft.ai/events/9676-the-price-of-wheat-has-jumped-to-its-highest-level-since-2012-amid-russia-s.md) | +0.1% | +2.6% |

## Sources

- tridge.com: https://www.tridge.com/insights/soybean-meal-increased-in-price-in-russia

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