SunSirs: It is Expected that China Domestic Soybean Meal Prices will Experience Strong Fluctuations in the Near Future
July 22 2025 09:32:37 SunSirs (Selena)
On July 21st, the National Grain and Oil Information Center reported that it is expected that domestic soybean meal prices will experience strong fluctuations in the near future.
One reason is that the temperature in the Midwest of the United States will continue to be high and rainfall will be low in the next two weeks, which may be unfavorable for soybean growth. In addition, biofuel policies will boost demand for soybean oil, and it is expected that the US soybean market will have a strong trend in the near future.
Secondly, the cost of imported soybeans continues to rise, with the cost-effectiveness of low-priced soybean meal highlighted in July. Feed companies may increase their purchases, and this week, the trading volume and delivery volume of soybean meal in oil factories have both increased. Due to the high soybean crushing volume and sufficient supply of soybean meal, it will limit the upward space of soybean meal prices.
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