# Soybean meal prices continue to decline amid rising stockpiles in China

> Domestic Chinese soybean meal prices fell more than 2% over the past week, according to SunSirs. Processors are running at negative margins, with Brazilian-soybean crush losses of -185 to -153 yuan per ton on November and December shipments. China's soybean stocks reached a record 6.8 million tons in August after a record 12.28 million tons were imported that month.

- Date: 2025-09-30 · published 2025-09-30T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/22963-soybean-meal-prices-continue-to-decline-amid-rising-stockpiles-in-china
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Large Chinese soybean stockpiles and negative crush margins point to reduced processing and weaker meal demand, which supports lower meal prices and softer import demand.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/soybean-meal-prices-continue-to-decline-amid-rising-stockpiles-in-china/

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