# US 2021-22 soybean meal price estimated at $385/st, down $10 from July: USDA | S&P Global

> USDA's August WASDE estimated the 2021-22 average US soybean meal price at $385 per short ton, down $10 from July. The report also cut global soy meal ending stocks by 4.7% from July, with declines in Argentina and Brazil, and lowered China's meal production estimate by 2%.

- Date: 2021-08-12 · published 2021-08-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/45643-us-2021-22-soybean-meal-price-estimated-at-385-st-down-10-from-july-usda-s-and
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A lower US meal price forecast with tighter global meal stocks is a mixed signal for feed buyers: cheaper domestic meal offsets some tightness abroad, but reduced Argentine and Brazilian supplies support export-driven demand.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-01-17 | [Global fish oil and meal prices expected to ease from last year’s…](https://feedsoft.ai/events/37881-global-fish-oil-and-meal-prices-expected-to-ease-from-last-year-s.md) | -8.4% | -1.6% |
| SBM | 2019-09-03 | [SUBSCRIBER NOTE: Platts launches FOB Argentina soybean oil, meal price assessments \| S&P Global](https://feedsoft.ai/events/57157-subscriber-note-platts-launches-fob-argentina-soybean-oil-meal-price.md) | -0.3% | +2.3% |
| SBM | 2022-08-29 | [Pro Farmer Releases 2022 National Corn and Soybean Crop Estimates - Pro Farmer](https://feedsoft.ai/events/13335-pro-farmer-releases-2022-national-corn-and-soybean-crop-estimates-pro-farmer.md) | -5.9% | -6.1% |
| SBM | 2025-01-14 | [US soybean production drops, global oilseed crush rises in 2024/25 \| Feed & Grain](https://feedsoft.ai/events/26590-us-soybean-production-drops-global-oilseed-crush-rises-in-2024-25-feed-and-grain.md) | -0.9% | -0.4% |
| SBM | 2018-11-14 | [Global Ag Network \| What does NOPA Crush mean for Soybeans?](https://feedsoft.ai/events/62107-global-ag-network-what-does-nopa-crush-mean-for-soybeans.md) | +1.1% | +1.8% |
| SOY | 2025-11-14 | [USDA Lowers Corn and Soybean Production Estimates](https://feedsoft.ai/events/21885-usda-lowers-corn-and-soybean-production-estimates.md) | -0.8% | -4.9% |
| SOY | 2018-11-09 | [US sees slide in corn, soybean estimates for October \| 2018-11-09  \| MEAT+POULTRY](https://feedsoft.ai/events/61985-us-sees-slide-in-corn-soybean-estimates-for-october-2018-11-09-meat-poultry.md) | +2.4% | +4.9% |
| SOY | 2017-07-28 | [Global soybean meal production will be at record high in 2017 - 2018.](https://feedsoft.ai/events/70042-global-soybean-meal-production-will-be-at-record-high-in-2017-2018.md) | -4.4% | -5.4% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/081221-us-2021-22-soybean-meal-price-estimated-at-385st-down-10-from-july-usda

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