# Soybean meal imports to top 3.25 MMT on strong poultry, aquaculture demand |  Ada Pelonia

> Philippine bank economists warned that inflation could exceed 8% in November and December due to higher transport fares, electricity rates, wages, high oil prices and El Niño food supply threats. A Bangko Sentral ng Pilipinas survey showed business sentiment improved slightly in September but firms remained concerned about fuel costs and peso weakness.

- Date: 2026-11-01 · published 2026-11-01T18:06:15.123Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/28798-soybean-meal-imports-to-top-3-25-mmt-on-strong-poultry-aquaculture-demand-ada
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher feed and fuel costs and peso depreciation raise the cost of imported feed ingredients for Philippine livestock and poultry producers. The article does not provide a direct commodity price driver.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2020-06-24 | [India’s poultry sector starts road to recovery](https://feedsoft.ai/events/52754-india-s-poultry-sector-starts-road-to-recovery.md) | 0.0% | +0.1% |
| SBM | 2026-10-28 | [Sharp decline in Brazilian real boosts competitiveness of soybean meal exports](https://feedsoft.ai/events/131-sharp-decline-in-brazilian-real-boosts-competitiveness-of-soybean-meal-exports.md) | -3.8% | — |
| SBM | 2022-02-28 | [Soymeal Demand Slowing in China](https://feedsoft.ai/events/42704-soymeal-demand-slowing-in-china.md) | +4.2% | +9.0% |
| SBM | 2023-08-21 | [Soybean meal in Russia has risen in price against the background of the weakening of the ruble](https://feedsoft.ai/events/34669-soybean-meal-in-russia-has-risen-in-price-against-the-background-of-the.md) | +2.6% | -3.1% |
| SBM | 2026-10-29 | [Brazil soybean meal prices post sharpest daily drop since April after presidential election \| World Ports Organization](https://feedsoft.ai/events/1321-brazil-soybean-meal-prices-post-sharpest-daily-drop-since-april-after.md) | -3.3% | — |

## Sources

- businessmirror.com.ph: https://businessmirror.com.ph/2026/04/20/soybean-meal-imports-to-top-3-25-mmt-on-strong-poultry-aquaculture-demand/

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