# China soybean meal prices hit multi-year lows

> Chinese soybean meal spot prices fell to 2,760 yuan per tonne in several regions, below the start-of-year low. The September DCE contract closed at 2,918 yuan after falling 37 yuan. Large South American soybean imports and high crush utilization are boosting meal output.

- Date: 2026-06-08 · published 2026-06-08T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/5194-china-soybean-meal-prices-hit-multi-year-lows
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Rising meal supply from heavy imports and crushing, plus cheaper US soybeans, pressures Chinese and global meal prices lower.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2026-06-08 | 1 | -8.1% | -7.1 | Chinese meal prices at multi-year lows from large South American imports and high crush signal ample global supply, weighing on meal values. |
| SBM | 2026-06-08 | 5 | -7.8% | -3.2 | Chinese meal spot and DCE prices fell to multi-year lows on heavy imports and high crush, a bearish global signal. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2016-08-31 | [Soybeans hit new multi-month lows - Brownfield Ag News](https://feedsoft.ai/events/12396-soybeans-hit-new-multi-month-lows-brownfield-ag-news.md) | +3.2% | -4.5% |
| SBM | 2026-10-27 | [Soybean meal prices decline profits decline China's soybean imports slow down 10/27 Update MySheen](https://feedsoft.ai/events/494-soybean-meal-prices-decline-profits-decline-china-s-soybean-imports-slow-down.md) | -2.3% | — |
| SBM | 2022-04-20 | [China's March soybean imports from U.S. fall from previous year](https://feedsoft.ai/events/14939-china-s-march-soybean-imports-from-u-s-fall-from-previous-year.md) | -4.0% | -11.4% |
| SBM | 2018-12-05 | [Soybean Prices Depend on China - Purdue Agricultural Economics](https://feedsoft.ai/events/61595-soybean-prices-depend-on-china-purdue-agricultural-economics.md) | -0.6% | +0.8% |
| SBM | 2024-07-02 | [Prices for soybean meal in Argentina for the first time in two years fell below the stock exchange in Chicago](https://feedsoft.ai/events/29399-prices-for-soybean-meal-in-argentina-for-the-first-time-in-two-years-fell-below.md) | +2.0% | -3.7% |
| SOY | 2025-03-03 | [China soybean meal prices rise amid mutual duty discussions](https://feedsoft.ai/events/25659-china-soybean-meal-prices-rise-amid-mutual-duty-discussions.md) | -0.1% | +1.1% |
| SOY | 2016-08-31 | [Soybeans hit new multi-month lows - Brownfield Ag News](https://feedsoft.ai/events/12396-soybeans-hit-new-multi-month-lows-brownfield-ag-news.md) | +2.7% | -2.1% |
| SOY | 2024-02-29 | [Soybean meal prices in Thailand will remain high](https://feedsoft.ai/events/31752-soybean-meal-prices-in-thailand-will-remain-high.md) | +0.6% | +5.2% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/soybean-meal-prices-in-china-hit-new-lows/

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