# Seafood Media Group - Worldnews - Feed Costs Surge as Soybean Meal and Fishmeal Prices Hit New Highs

> 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.

- Date: 2026-03-30 · published 2026-03-30T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/12865-seafood-media-group-worldnews-feed-costs-surge-as-soybean-meal-and-fishmeal
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

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.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2026-04-10 | [Soybeans Surge with Meal, Corn Falls: Cattle Make New Highs - AgWeb](https://feedsoft.ai/events/11665-soybeans-surge-with-meal-corn-falls-cattle-make-new-highs-agweb.md) | +4.4% | +2.0% |
| SBM | 2018-04-12 | [Soybean trade wars won't impact aquaculture immediately, but could lead to higher fishmeal prices - Undercurrent News](https://feedsoft.ai/events/65578-soybean-trade-wars-won-t-impact-aquaculture-immediately-but-could-lead-to.md) | -0.9% | +2.4% |
| SBM | 2024-02-29 | [Soybean meal prices in Thailand will remain high](https://feedsoft.ai/events/31752-soybean-meal-prices-in-thailand-will-remain-high.md) | -0.3% | -0.6% |
| SBM | 2025-04-07 | [China soybean meal prices surge amid U.S. trade war escalation](https://feedsoft.ai/events/25198-china-soybean-meal-prices-surge-amid-u-s-trade-war-escalation.md) | +5.1% | +1.6% |
| SBM | 2021-12-03 | [Soybean meal pulls soybeans, corn higher – KORN News Radio](https://feedsoft.ai/events/11709-soybean-meal-pulls-soybeans-corn-higher-korn-news-radio.md) | +2.4% | +13.0% |

## Sources

- seafood.media: https://seafood.media/fis/worldnews/worldnews.asp?country=0&day=30&df=0&id=137651&l=e&monthyear=3-2026&ndb=1&special=

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