# Brazil Soybean Meal Prices | Paranaguá Market Indicator | Argus Media

> Argus launched a new port differentials indicator for soybean meal on the FOB Paranagua paper market, referenced to CBOT futures. The podcast explains the assessment and its use by crushers and market participants in Brazil and abroad.

- Date: 2026-01-25 · published 2026-01-25T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/21142-brazil-soybean-meal-prices-paranagua-market-indicator-argus-media
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A new transparent Paranagua differential gives buyers a clearer benchmark for Brazilian meal basis, which can improve price discovery but does not by itself move prices.

## Read by commodity

- SBM: neutral

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/energy-and-commodity-podcasts/brazil-soybean-meal-price-indicator-paranagua

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