# Import of soymeal, key feed ingredient, on the decline | The Daily Star

> The USDA projects Bangladesh's soymeal imports will fall over 23 percent to 350,000 tonnes in fiscal 2016-17 as domestic crushing expands. Domestic soymeal output is forecast to rise 8.5 percent in fiscal 2017-18.

- Date: 2017-03-25 · published 2017-03-25T12:00:00.000Z
- Category: report · region Bangladesh · magnitude low
- Page: https://feedsoft.ai/events/72072-import-of-soymeal-key-feed-ingredient-on-the-decline-the-daily-star
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Bangladesh is replacing imported meal with locally crushed meal, reducing its demand for world soymeal exports and slightly pressuring export prices.

## Read by commodity

- SBM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-01-09 | [Report: China's soybean imports will decline by 2030 \| Feed & Grain](https://feedsoft.ai/events/37769-report-china-s-soybean-imports-will-decline-by-2030-feed-and-grain.md) | +1.7% | -1.2% |
| SBM | 2022-05-30 | [UFOP reports declining use of oilseed meal in EU compound feeds](https://feedsoft.ai/events/41514-ufop-reports-declining-use-of-oilseed-meal-in-eu-compound-feeds.md) | -4.0% | -0.3% |
| SBM | 2022-05-10 | [China Feed Industry Association: Four measures to combat the cost soaring of domestic feed ingredients](https://feedsoft.ai/events/41394-china-feed-industry-association-four-measures-to-combat-the-cost-soaring-of.md) | +0.5% | -0.6% |
| SBM | 2024-01-29 | [Soyameal offtake by domestic feed, food sectors down in Oct-Dec - The HinduBusinessLine](https://feedsoft.ai/events/32216-soyameal-offtake-by-domestic-feed-food-sectors-down-in-oct-dec-the.md) | +1.7% | -5.1% |
| SBM | 2026-05-19 | [SunSirs: Analysis of the Impact of the USDA Soybean Meal Supply and Demand Report](https://feedsoft.ai/events/19326-sunsirs-analysis-of-the-impact-of-the-usda-soybean-meal-supply-and-demand-report.md) | -1.1% | -11.7% |

## Sources

- thedailystar.net: https://www.thedailystar.net/business/import-soymeal-key-feed-ingredient-the-decline-1381525

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