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Data Analysis

Reduction in Soybean Supply Triggers an Increase in Brazilian Soybean Meal Prices

Soybean Meal
Soybean Meal
Milling Products
Brazil
Market Situation
Grains, Cereal & Legumes
Price Trend

Summary

Since November 2021, the price of Brazilian soybean meal stood at USD 0.38/kg, while in April 2022, the price was USD 0.45/kg, representing an 18.42% increase. The drop in soybean supply in Brazil due to unfavorable weather has increased the soybean meal price.
May 16, 2022
By Gabriela Cabezas
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