# China's soybean meal prices likely to hit floor with quicker soybean clearance | Mysteel

> Mysteel expects China's M2609 soybean meal futures to trade around 2,950-3,050 yuan/tonne in the short term, with spot support seen at 2,750-2,800 yuan. Soybean clearance times at coastal ports have shortened, easing the supply shortage that had constrained crushers, and crushing volumes are rising.

- Date: 2026-05-29 · published 2026-05-29T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/19324-china-s-soybean-meal-prices-likely-to-hit-floor-with-quicker-soybean-clearance
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Faster soybean clearance boosts crush and meal output, adding supply and pushing meal prices toward a floor. Lower prices improve feed cost competitiveness, which should limit further downside.

## Read by commodity

- SBM: bearish ▼
- SOY: neutral

## Sources

- mysteel.net: https://www.mysteel.net/analysis/5125998-chinas-soybean-meal-prices-likely-to-hit-floor-with-quicker-soybean-clearance

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