# Soybean Daily: Soybean Meal Prices Fall Significantly Across Regions Over the Weekend - bnher.com

> Soybean meal prices fell significantly across Chinese regions over the weekend of May 20-21, 2023, following a continued decline in CBOT soybean futures. Crushing volume rose sharply in the prior week according to the National Grain Corporation, and the report cites a theoretical imported soybean cost and an oil-meal ratio of 2.06 for September.

- Date: 2023-05-22 · published 2023-05-22T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/36013-soybean-daily-soybean-meal-prices-fall-significantly-across-regions-over-the
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Weaker CBOT soybeans and rising Chinese crush weigh on meal prices, pointing to lower meal costs for buyers in the near term.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- bnher.com: https://www.bnher.com/archives/2882

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