# Strong price jump with conventional soybean meal

> German trade data show conventional soybean meal prices jumped sharply in mid-December 2017 after weeks of decline. The article provides no further detail on the cause or the size of the move.

- Date: 2017-12-12 · published 2017-12-12T12:00:00.000Z
- Category: market · region Germany · magnitude low
- Page: https://feedsoft.ai/events/67547-strong-price-jump-with-conventional-soybean-meal
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A sharp rise in European meal prices raises feed ingredient costs for buyers and suggests tighter near-term supply in the meal market.

## Read by commodity

- SBM: bullish ▲

## Sources

- zmp.de: https://www.zmp.de/en/futures/oilseeds/news/press-review-strong-price-jump-conventional-soybean-meal-12122017-2017-12-12

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