Soybean Meal Prices
Soybean meal is a protein feed ingredient. Quotes are segmented by minimum protein content (47% or 48%) and origin. The US 48% daily FOB quote is listed beside the weekly US series.
Soybean Meal Market Assessments
Latest observation per series, with the change against the previous observation and its date
Swipe sideways for basis, change and date. The unit is printed with each price.
| Benchmark Name | Latest Price | Assessment Date | Change vs Previous | Delivery Basis | Term | Trend | Frequency |
|---|---|---|---|---|---|---|---|
| $427.50/mt | 17 Oct 2026 | -14.00(-3.2%) vs 10 Oct 2026 | FOB NOLA | FOB | weekly | ||
| $453.00/mt | 21 Oct 2026 | -1.50(-0.3%) vs 20 Oct 2026 | FOB NOLA | FOB | daily | ||
| $457.50/mt | 17 Oct 2026 | -10.00(-2.1%) vs 10 Oct 2026 | Rotterdam | — | weekly | ||
| $405.00/mt | 17 Oct 2026 | -22.50(-5.3%) vs 10 Oct 2026 | FOB Argentina | FOB | weekly | ||
| $405.00/mt | 17 Oct 2026 | -15.00(-3.6%) vs 10 Oct 2026 | FOB Brazil | FOB | weekly |
Exchange nearby
Reference nearby futures in USD/mt. These are not physical cargo assessments.
- CBOT Soybean Meal FuturesNearby reference series$383.94/mt-0.4421 Oct 2026
- Dalian Soybean Meal FuturesNearby reference series$483.80/mt+1.1720 Oct 2026
Session date is the exchange quote date. 5 venues are listed on the futures hub.
Specifications, coverage and how to compare
Trading Basis & Assessment Specifications
Argentina is quoted as 47% protein meal FOB; the US (FOB NOLA) and Brazil (FOB) as 48%; the Rotterdam quote is US-origin 48% meal at the European destination without a stated Incoterm. Protein grade is part of each quote.
- Protein: 47% (Argentina) vs 48% (US, Brazil, Rotterdam) — not interchangeable.
- The US 48% daily FOB quote is a separate series beside the weekly US series.
- Term: FOB NOLA, FOB Brazil and FOB Argentina are stated; the Rotterdam row (US-origin 48%) states no Incoterm.
Hub Coverage
- 5 series with a loaded observation; 1 daily and 4 weekly.
- Units: USD/mt (5).
- Delivery terms in the basis column: FOB (4), no Incoterm stated (1). Different delivery terms are not interchangeable; the gap may reflect freight, insurance, basis, parcel and timing differences.
- Latest assessment dates range from 17 Oct 2026 to 21 Oct 2026; compare only series with the same date.
How to Compare These Series
- For day-to-day moves use a daily series (Soymeal 48% — USA (Daily)); for week-on-week and monthly context use a weekly series (Soymeal 48% — USA, Soymeal 48% — Rotterdam, Soymeal 47% — Argentina, Soymeal 48% — Brazil). A daily and a weekly series are related markets, not one history.
Based on each series' frequency, delivery term, unit and type. No average across bases or units is computed for this hub. A daily FOB quote keeps its own history beside the weekly series.
Related reports
Sources for the explanations on this page
- ICC Incoterms® 2020 rules (FOB, CFR, CIF, FCA definitions) — Meaning of the delivery terms used in the basis column.
- Basis as shown in the table
Prices and dates are published observations. Counts and ranges above are computed from those observations (methodology).