# Acute shortage of soybean meal in Russia - Food & Agribusiness

> Imports supply about 43 percent of Russia's soybeans, and the country needs around 5 million tonnes of soybean meal yearly. Russia's 2016 soybean harvest reached a record 3.1 million tonnes, though shortages are expected.

- Date: 2017-03-03 · published 2017-03-03T12:00:00.000Z
- Category: trade · region Russia · magnitude low
- Page: https://feedsoft.ai/events/72081-acute-shortage-of-soybean-meal-in-russia-food-and-agribusiness
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Russian feed mills face tight meal supply and higher costs, which supports demand for imported soymeal from major exporters.

## Read by commodity

- SBM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-09-28 | [Soybean update from around the globe - Food & Agribusiness](https://feedsoft.ai/events/63104-soybean-update-from-around-the-globe-food-and-agribusiness.md) | +0.1% | -1.3% |
| SBM | 2020-10-30 | [Price for soybeans relatively high - Food & Agribusiness](https://feedsoft.ai/events/50666-price-for-soybeans-relatively-high-food-and-agribusiness.md) | +2.9% | +5.7% |
| SBM | 2022-11-15 | [China mulls importing soybean meal from Brazil as supply shortage bites](https://feedsoft.ai/events/38746-china-mulls-importing-soybean-meal-from-brazil-as-supply-shortage-bites.md) | +0.1% | +9.8% |
| SBM | 2017-07-11 | [China to buy U.S. soybeans to meet market demand \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/69821-china-to-buy-u-s-soybeans-to-meet-market-demand-iowa-agribusiness-radio-network.md) | -4.3% | -8.4% |
| SBM | 2024-06-29 | [Argentina soybean sales stall in June - Markets - Business Recorder](https://feedsoft.ai/events/13915-argentina-soybean-sales-stall-in-june-markets-business-recorder.md) | +3.5% | -2.1% |

## Sources

- foodagribusiness.world: https://www.foodagribusiness.world/feed/acute-shortage-of-soybean-meal-in-russia

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