# Global demand for soybean meal drives prices up in Brazil and the U.S.

> CEPEA reports that competition between domestic and foreign buyers in Brazil has raised export premiums and FOB prices at Brazilian ports, lifting domestic meal quotes. Soybean bean prices gained less because global oilseed supply is advancing. Expanding international meal consumption is cited as the basis for the appreciation.

- Date: 2026-07-21 · published 2026-07-21T12:00:00.000Z
- Category: trade · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/18436-global-demand-for-soybean-meal-drives-prices-up-in-brazil-and-the-u-s
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher Brazilian meal export premiums raise the cost of meal for importers, especially in Asia and Europe. Ample global bean supply caps gains in soybean prices.

## Read by commodity

- SBM: bullish ▲
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-05-24 | [Soybean meal: Dollars and trade talks drive prices](https://feedsoft.ai/events/65097-soybean-meal-dollars-and-trade-talks-drive-prices.md) | -1.4% | -12.8% |
| SBM | 2021-04-27 | [Chinese Demand Drives Global Soybean Trade - Trade Data Monitor](https://feedsoft.ai/events/47451-chinese-demand-drives-global-soybean-trade-trade-data-monitor.md) | -2.8% | -5.8% |
| SBM | 2022-08-15 | [Demand for grain and soybean derivatives from the US and BR increases - Revista Cultivar](https://feedsoft.ai/events/6710-demand-for-grain-and-soybean-derivatives-from-the-us-and-br-increases-revista.md) | -11.0% | -13.4% |
| SBM | 2021-09-21 | [Firm demand drives soybean grain and meal premiums - Revista Cultivar](https://feedsoft.ai/events/45142-firm-demand-drives-soybean-grain-and-meal-premiums-revista-cultivar.md) | +0.2% | -4.5% |
| 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% |
| SOY | 2026-07-31 | [Brazilian, US soybean prices remain high despite drops; Brazil still top origin \| S&P Global](https://feedsoft.ai/events/18359-brazilian-us-soybean-prices-remain-high-despite-drops-brazil-still-top-origin-s.md) | -1.7% | +6.7% |
| SOY | 2019-10-30 | [Soybean Prices are a Proxy for How the Trade War is Going - Global Trade Magazine](https://feedsoft.ai/events/56614-soybean-prices-are-a-proxy-for-how-the-trade-war-is-going-global-trade-magazine.md) | +0.4% | -3.7% |
| SOY | 2024-08-29 | [Demand For US Soymeal Remains Good - ADM Investor Services](https://feedsoft.ai/events/28883-demand-for-us-soymeal-remains-good-adm-investor-services.md) | +5.2% | +8.6% |

## Sources

- tridge.com: https://www.tridge.com/news/global-demand-for-soybean-meal-drives-prices-jnnegjqo

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