# The expansion of biofuels reshapes the global soybean meal market and pressures prices

> Inflation-adjusted soybean meal in Chicago is at levels last seen 26 years ago, per a BCR report. Biofuel demand in the US and Brazil is increasing crushing and indirectly adding meal supply.

- Date: 2026-10-31 · published 2026-11-02T19:36:43.773Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/75646-the-expansion-of-biofuels-reshapes-the-global-soybean-meal-market-and-pressures
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Extra meal from biofuel-driven crush weighs on prices while global feed use per unit of animal protein has risen about 46% since 2000. Buyers face a long-run supply glut in meal.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2025-01-21 | [Record 2025 soybean crush pressures Brazil soybean meal prices](https://feedsoft.ai/events/11807-record-2025-soybean-crush-pressures-brazil-soybean-meal-prices.md) | +0.9% | -0.7% |
| SBM | 2026-01-30 | [Biofuels policy uncertainty continues to pressure soybean demand and prices - Brownfield Ag News](https://feedsoft.ai/events/15056-biofuels-policy-uncertainty-continues-to-pressure-soybean-demand-and-prices.md) | +2.0% | +8.8% |
| SBM | 2016-12-30 | [Argentina: New plan to reduce the export tax on soybean - Global Trade Alert](https://feedsoft.ai/events/73319-argentina-new-plan-to-reduce-the-export-tax-on-soybean-global-trade-alert.md) | -2.3% | +6.2% |
| SBM | 2025-08-18 | [Soybean oil in the biofuel era: An industry expert’s perspective](https://feedsoft.ai/events/15096-soybean-oil-in-the-biofuel-era-an-industry-expert-s-perspective.md) | +4.9% | +1.8% |
| SBM | 2026-07-26 | [Biofuel Mandates Test Capacity and Soybean Oil Demand - RFD](https://feedsoft.ai/events/15007-biofuel-mandates-test-capacity-and-soybean-oil-demand-rfd.md) | -4.7% | -4.2% |
| SBO | 2021-04-19 | [Biofuels Expansion Driving Global Veg Oil Market \| Radio 570 WNAX](https://feedsoft.ai/events/47669-biofuels-expansion-driving-global-veg-oil-market-radio-570-wnax.md) | +8.1% | +16.8% |
| SBO | 2025-01-21 | [Record 2025 soybean crush pressures Brazil soybean meal prices](https://feedsoft.ai/events/11807-record-2025-soybean-crush-pressures-brazil-soybean-meal-prices.md) | +0.5% | +3.0% |
| SBO | 2025-12-31 | [Biofuel mandates redraw the soybean oil map in South America](https://feedsoft.ai/events/21598-biofuel-mandates-redraw-the-soybean-oil-map-in-south-america.md) | -0.9% | +7.4% |

## Sources

- economis.com.ar: https://economis.com.ar/mercado-internacional-de-harina-de-soja/

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