# Domestic soybean meal prices are expected to rise in the short term, pay attention to the USDA supply and demand monthly report | Desk3 is a web3 trading tool

> Analysts at Guantong Futures expect domestic Chinese soybean meal prices to rise in the short term. Raw material shortages have eased, crushing supply is expected to increase in mid to late April, and piglet and fattening demand has rebounded.

- Date: 2024-04-09 · published 2024-04-09T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/30732-domestic-soybean-meal-prices-are-expected-to-rise-in-the-short-term-pay
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Stronger hog-sector demand and a firmer soybean supply outlook support soybean meal prices in China. The forecast is a short-term market view rather than a new supply shock.

## Read by commodity

- SBM: bullish ▲

## Sources

- desk3.net: https://www.desk3.net/en/10474

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