According to the monitoring data of business agency, on March 14, the spot price of soybean meal was 4912 RMB/ton, down 0.12% from the previous working day.

Analysis: since March, the price of soybean meal has been at the ceiling and remains high, mainly due to low inventory, tight supply, the sharp rise of terminal feed, and the continuous high operation of soybean meal. On March 14, the mainstream price of soybean meal was RMB/ton. Forecast: domestic soybean meal prices will remain high in the short term.