# China's soybean meal futures rise to 5-month high RAID

> Chinese soybean meal futures rose to a five-month high after environmental inspectors shut several processing plants in Dongguan, Guangdong, China's third-largest soybean processing region. Chinese meal stocks had reached their lowest level in 18 months before the crackdown.

- Date: 2016-12-13 · published 2016-12-13T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/73553-china-s-soybean-meal-futures-rise-to-5-month-high-raid
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Reduced crushing capacity tightens domestic meal supply ahead of the Lunar New Year peak in meat demand, supporting meal prices and feed costs in China.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-02-23 | [China to release soybeans, soy oil from central reserves to boost supplies](https://feedsoft.ai/events/8762-china-to-release-soybeans-soy-oil-from-central-reserves-to-boost-supplies.md) | +2.3% | +6.0% |
| SBM | 2017-11-27 | [Soybean prices to trade higher: Angel Commodities- Moneycontrol.com](https://feedsoft.ai/events/68081-soybean-prices-to-trade-higher-angel-commodities-moneycontrol-com.md) | +1.4% | -3.4% |
| SBM | 2021-07-29 | [Soybean meal needs reduced import tax](https://feedsoft.ai/events/46151-soybean-meal-needs-reduced-import-tax.md) | -0.7% | -1.2% |
| SBM | 2019-12-24 | [Argentina raise taxes on corn, wheat and soybean exports \| Farm Online \| ACT](https://feedsoft.ai/events/55425-argentina-raise-taxes-on-corn-wheat-and-soybean-exports-farm-online-act.md) | -0.5% | -0.8% |
| SBM | 2020-04-24 | [Higher export taxes impact Argentina’s future soy acres \| 2020-04-24  \| World Grain](https://feedsoft.ai/events/53488-higher-export-taxes-impact-argentina-s-future-soy-acres-2020-04-24-world-grain.md) | +0.3% | -2.1% |
| SOY | 2016-11-24 | [Soybean oil futures rose by 7% due to high biofuel](https://feedsoft.ai/events/6691-soybean-oil-futures-rose-by-7-due-to-high-biofuel.md) | -0.4% | -3.8% |
| SOY | 2025-06-16 | [Chicago soyoil futures hit 18-month high on biofuel mandate, Mideast tensions](https://feedsoft.ai/events/5339-chicago-soyoil-futures-hit-18-month-high-on-biofuel-mandate-mideast-tensions.md) | -1.0% | -7.0% |
| SOY | 2026-05-27 | [Biofuels give boost to soybean oil futures rally \| World Grain](https://feedsoft.ai/events/19353-biofuels-give-boost-to-soybean-oil-futures-rally-world-grain.md) | -1.7% | -6.5% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/news/newsticker-chinas-soybean-meal-futures-rise-5-month-high-raid-oil-mills-2016-12-13

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