Commodity News
SunSirs: It is Expected that the Domestic Soybean Meal Spot Price will Turn from Strong to Weak in May
April 30 2025 13:13:37
According to the National Grain and Oil Information Center: First, according to the current customs clearance policy, the import soybean crushing volume is expected to increase significantly in May, and the domestic soybean and soybean meal supply is expected to improve. Second, the high price of soybean meal suppresses the demand of feed companies.
The current round of soybean meal price increase has caused some feed companies to adjust the feed formula and reduce the proportion of soybean meal added. It is expected that the rise in soybean meal prices is a phased phenomenon and will gradually weaken in May.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
Related Information
- 2025-04-29 SunSirs: The Spot Price of Soybean Meal is rapidly Rising in China, Pushing Up the Feed Costs of Breeding Enterprises
- 2025-04-28 SunSirs: The Supply of Imported Soybeans is Guaranteed in China, and the Short-term Price Increase of Soybean Meal is Difficult to Sustain
- 2025-04-27 SunSirs: Brazil's Market Share in the EU Soybean Meal Market Dropped to 50% on April 20
- 2025-04-25 SunSirs: Positive Support, China Soybean Meal Market Continues to Rise
- 2025-04-22 SunSirs: It is Expected that Soybean Meal Supply in China will Turn Loose in May, and Prices will gradually Weaken
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