# Soybean meal: Trade conflict makes goods cheaper again

> Soybean meal prices are lower again as hopes fade for a settlement of the US-China trade dispute. The article describes the offer as good, indicating ample available supply.

- Date: 2018-11-27 · published 2018-11-27T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/62106-soybean-meal-trade-conflict-makes-goods-cheaper-again
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Weaker expectations for US soybean exports to China pressure soybean meal values, which lowers the cost of protein for feed buyers.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-12-27 | [As trade war crushes China's soybean mills, U.S. rivals make hay](https://feedsoft.ai/events/61545-as-trade-war-crushes-china-s-soybean-mills-u-s-rivals-make-hay.md) | +3.1% | +3.5% |
| SBM | 2021-07-13 | [Global Soybean Trade Slows on Weaker China Demand \| Feed & Grain](https://feedsoft.ai/events/46110-global-soybean-trade-slows-on-weaker-china-demand-feed-and-grain.md) | +1.2% | +1.2% |
| SBM | 2018-10-18 | [Trade off: China soybean imports set for biggest drop in 12 years amid tariff conflict](https://feedsoft.ai/events/62396-trade-off-china-soybean-imports-set-for-biggest-drop-in-12-years-amid-tariff.md) | -5.4% | -5.6% |
| SBM | 2018-09-26 | [Soybean trade scorecard](https://feedsoft.ai/events/62896-soybean-trade-scorecard.md) | +1.6% | +1.5% |
| SBM | 2018-09-24 | [Trade war means much of America's soybean harvest will go unsold - UPI.com](https://feedsoft.ai/events/63065-trade-war-means-much-of-america-s-soybean-harvest-will-go-unsold-upi-com.md) | -0.2% | +2.4% |
| SOY | 2018-12-27 | [As trade war crushes China's soybean mills, U.S. rivals make hay](https://feedsoft.ai/events/61545-as-trade-war-crushes-china-s-soybean-mills-u-s-rivals-make-hay.md) | +3.5% | +6.4% |
| SOY | 2021-07-13 | [Global Soybean Trade Slows on Weaker China Demand \| Feed & Grain](https://feedsoft.ai/events/46110-global-soybean-trade-slows-on-weaker-china-demand-feed-and-grain.md) | -0.3% | +0.1% |
| SOY | 2018-10-18 | [Trade off: China soybean imports set for biggest drop in 12 years amid tariff conflict](https://feedsoft.ai/events/62396-trade-off-china-soybean-imports-set-for-biggest-drop-in-12-years-amid-tariff.md) | -4.0% | -1.7% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/oilseeds/news/press-review-soybean-meal-trade-conflict-makes-goods-cheaper-again-2018-11-27

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