# Oversupply of soybean meal also pushes prices for

> Oversupply of soybean meal is pushing down prices for protein alternatives, according to the headline. The article text provides no further detail.

- Date: 2019-05-21 · published 2019-05-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/8252-oversupply-of-soybean-meal-also-pushes-prices-for
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Surplus soybean meal makes it cheaper than other protein meals, which lowers prices for substitutes and gives feed buyers room to negotiate.

## Read by commodity

- SBM: bearish ▼
- CANMEAL: bearish ▼

## Sources

- zmp.de: https://www.zmp.de/en/futures/news/press-review-oversupply-soybean-meal-also-pushes-prices-protein-alternatives-21052019

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