# Feedsoft Soybean Meal Price Index

> Monthly Feedsoft Soybean Meal Price Index (44–48% protein, meal) by country in USD and local currency, 2024 = 100. Delivered to feed mill, bulk, USD/mt or local currency/mt.

- Page: https://feedsoft.ai/indexes/SBM
- JSON (Business API): https://feedsoft.ai/api/v1/indexes/commodity/SBM
- Grade: 44–48% protein
- Form: Meal
- Basis: Delivered to feed mill, bulk, USD/mt or local currency/mt
- Global benchmark: Any origin, Rotterdam CIF (World Bank monthly)

## Latest by country (USD basis, 2024 = 100)

| Country | Period | Index | 12M change | Coverage | Provisional |
| --- | --- | --- | --- | --- | --- |
| United States | 2026-11 | 95.9 | +0.5% | A | yes |
| Brazil | 2026-09 | 101.2 | +28.9% | C | no |
| China | 2026-11 | 110.4 | +12.3% | A | yes |
| European Union | 2026-10 | 112.0 | +38.6% | A | no |
| Mexico | 2026-10 | 101.0 | +13.3% | B | no |
| Argentina | 2026-09 | 115.1 | +32.1% | C | no |
| Colombia | 2026-09 | 102.7 | +22.2% | C | no |
| Peru | 2026-09 | 103.3 | +24.5% | C | no |
| Japan | 2026-09 | 104.8 | +24.6% | C | no |
| South Korea | 2026-09 | 104.8 | +25.0% | C | no |
| Thailand | 2026-09 | 104.8 | +25.0% | C | no |
| Vietnam | 2026-09 | 102.9 | +25.2% | C | no |
| Indonesia | 2026-09 | 104.8 | +25.0% | C | no |
| Philippines | 2026-09 | 104.8 | +24.6% | C | no |
| India | 2026-09 | 103.9 | +24.5% | C | no |
| Turkey | 2026-09 | 103.3 | +24.5% | C | no |
| Egypt | 2026-09 | 103.4 | +24.4% | C | no |
| South Africa | 2026-09 | 103.9 | +23.9% | C | no |

## Last 12 months · United States

| Period | Index |
| --- | --- |
| 2026-11 | 95.9 |
| 2026-10 | 104.8 |
| 2026-09 | 106.5 |
| 2026-08 | 94.8 |
| 2026-07 | 95.5 |
| 2026-06 | 91.3 |
| 2026-05 | 98.4 |
| 2026-04 | 97.1 |
| 2026-03 | 94.7 |
| 2026-02 | 91.2 |
| 2026-01 | 87.9 |
| 2025-12 | 90.1 |

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