# Soybean meal and biofuels

> A Rosario Stock Exchange report says biofuel demand in the US and Brazil is boosting soybean crushing and global meal supply. Adjusted for US inflation, Chicago soymeal prices are at levels last seen 26 years ago. Argentina, the largest meal exporter, faces growing competition.

- Date: 2026-11-02 · published 2026-11-03T13:36:32.662Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/77775-soybean-meal-and-biofuels
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expanding meal supply from biofuel-driven crushing keeps soymeal prices depressed even as livestock demand for meal per unit of protein rises, which lowers feed costs for buyers.

## Read by commodity

- SBM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| SBM | 2025-05-29 | [Crush Expanding, Biofuels Shifting - What Does It Mean?](https://feedsoft.ai/events/15124-crush-expanding-biofuels-shifting-what-does-it-mean.md) | +0.9% | -7.3% |
| SBM | 2025-01-27 | [Mind the gap in soybean meal - Walsh Trading](https://feedsoft.ai/events/13885-mind-the-gap-in-soybean-meal-walsh-trading.md) | -1.0% | -2.9% |
| SBM | 2018-05-01 | [State Starts 20% Biodiesel Sales, Championing Both Biofuel and Soybean Growth](https://feedsoft.ai/events/64922-state-starts-20-biodiesel-sales-championing-both-biofuel-and-soybean-growth.md) | -1.9% | -3.0% |
| SBM | 2024-08-01 | [Will US court ruling affect demand for soybean oil and meal?](https://feedsoft.ai/events/12100-will-us-court-ruling-affect-demand-for-soybean-oil-and-meal.md) | -3.0% | -10.1% |

## Sources

- ruralnet.com.ar: https://ruralnet.com.ar/harina-soja-mercado-biocombustibles/

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