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Spot soybean meal in China rose to about 3,300 yuan per ton, up 185 yuan from the end of the prior month, as delayed customs clearance of imported soybeans and a slower Brazilian harvest tightened supply. Fishmeal prices reached record highs that month amid rising global prices and El Niño concerns.
Tighter import flows and record fishmeal prices raise protein feed costs for buyers. Analysts expect customs clearances to ease supply, but weak hog-sector demand may cap near-term gains.
seafood.mediaMar 30, 2026After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
