# Mintec proposes to launch US Soybean Meal Mintec Benchmark Prices

> Mintec is proposing weekly benchmark prices for soybean meal FOB US Gulf, with a launch date of 26 September 2023 if industry supports it. Market participants have until 11 September to submit feedback.

- Date: 2023-08-25 · published 2023-08-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34667-mintec-proposes-to-launch-us-soybean-meal-mintec-benchmark-prices
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A new transparent US Gulf meal benchmark improves price discovery for feed buyers comparing origins but does not by itself move prices.

## Read by commodity

- SBM: neutral

## Sources

- mintecglobal.com: https://www.mintecglobal.com/mintec-proposes-to-launch-us-soybean-meal-mintec-benchmark-prices

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