# Soybean meal: Dollars and trade talks drive prices

> Soybean meal prices are still below mid-May levels but have started to rise. The stronger US dollar and the resolution of the US-China trade dispute are supporting the market.

- Date: 2018-05-24 · published 2018-05-24T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/65097-soybean-meal-dollars-and-trade-talks-drive-prices
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A firmer dollar and a calmer trade outlook make US meal more competitive for export, which supports meal prices for feed buyers.

## Read by commodity

- SBM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2026-07-21 | [Global demand for soybean meal drives prices up in Brazil and the U.S.](https://feedsoft.ai/events/18436-global-demand-for-soybean-meal-drives-prices-up-in-brazil-and-the-u-s.md) | -0.7% | -2.6% |
| SBM | 2025-04-07 | [China soybean meal prices surge amid U.S. trade war escalation](https://feedsoft.ai/events/25198-china-soybean-meal-prices-surge-amid-u-s-trade-war-escalation.md) | +5.1% | +1.6% |
| SBM | 2024-07-23 | [Soybean and meal prices rise: US election campaign and](https://feedsoft.ai/events/12833-soybean-and-meal-prices-rise-us-election-campaign-and.md) | +2.7% | -8.3% |
| SBM | 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) | -0.3% | -0.6% |
| SBM | 2021-04-27 | [Chinese Demand Drives Global Soybean Trade - Trade Data Monitor](https://feedsoft.ai/events/47451-chinese-demand-drives-global-soybean-trade-trade-data-monitor.md) | -2.8% | -5.8% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/grains/news/press-review-soybean-meal-dollars-and-trade-talks-drive-prices-2018-05-24

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