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SOYBEAN MEAL · MONTHLY AVERAGE · MONTHLY AVERAGE

Soybean meal · Monthly average Price Today

Explore Soybean meal · Monthly average price today: Monthly average, quoted in USD/tonne. View the latest published price, historical chart and factors…

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Latest reference price447.00 USD/tonne
+10.10%Compared with previous publication
Data periodSeptember 2026Monthly
Period low69.00USD/tonne
Period high651.00USD/tonne

Price history

USD/tonne · Monthly
651.0069.00January 1960September 2026
Soybean meal · Monthly average801 observations · Hover to inspect prices

Historical price table

Actual publication periods; missing periods are not interpolated
801 records
Price history Soybean meal · Monthly average — USD/tonne
MonthPrice (USD/tonne)Source
March 2024441.00World Bank ↗
February 2024457.00World Bank ↗
January 2024494.00World Bank ↗
December 2023524.00World Bank ↗
November 2023572.00World Bank ↗
October 2023512.00World Bank ↗
September 2023509.00World Bank ↗
August 2023515.00World Bank ↗
July 2023517.00World Bank ↗
June 2023492.00World Bank ↗
May 2023519.00World Bank ↗
April 2023547.00World Bank ↗
March 2023581.00World Bank ↗
February 2023605.00World Bank ↗
January 2023605.00World Bank ↗
December 2022571.00World Bank ↗
November 2022519.00World Bank ↗
October 2022542.00World Bank ↗
September 2022537.00World Bank ↗
August 2022535.00World Bank ↗
July 2022536.00World Bank ↗
June 2022528.00World Bank ↗
May 2022530.00World Bank ↗
April 2022579.00World Bank ↗
March 2022601.00World Bank ↗
February 2022569.00World Bank ↗
January 2022526.00World Bank ↗
December 2021462.00World Bank ↗
November 2021443.00World Bank ↗
October 2021451.00World Bank ↗

Understanding Soybean meal · Monthly average prices

Raw materials and production

Soybeans are oilseeds processed by crushing to produce soybean oil and protein-rich meal. Beans, oil and meal are related but separate products. Crop quality and processing performance affect the amounts and characteristics of the outputs.

Applications and consumption

Soybean meal is widely used in animal feed, while soybean oil serves food manufacturing and selected industrial or fuel uses. Beans also enter food processing. Demand for oil and meal jointly influences the economics of soybean crushing.

What affects Soybean meal · Monthly average prices?

Harvest size, weather, export buying, animal-feed demand and competing oilseed prices affect soybean markets. Crushing margins link bean, oil and meal quotations without making them identical. Units, protein quality and product form matter when comparing prices.

How to read Soybean meal · Monthly average price today

This page follows Soybean meal · Monthly average in Soybean meal · Monthly average. The price type is Monthly average, with values expressed in USD/tonne. Compare quotations only after matching the product specification, unit, market and publication period. Changes in the chart describe the recorded series; they do not measure every transaction in the wider market. A local purchase may include freight, processing, taxes or dealer margins. Differences in quality or delivery conditions can therefore produce a different final cost even when the reference price is unchanged.

This is a monthly series. Its latest value belongs to the displayed publication month; a monthly average, settlement or contract reference is not an intraday price today.

Further reading: FAO — commodity markets and trade ↗

Frequently asked questions about Soybean meal · Monthly average

What is Soybean meal · Monthly average price today?

The latest available value is 447.00 USD/tonne, for September 2026. It represents Monthly average. Check the displayed period and market before treating it as a quotation for a purchase today. This is a monthly series. Its latest value belongs to the displayed publication month; a monthly average, settlement or contract reference is not an intraday price today.

What affects Soybean meal · Monthly average prices?

Harvest size, weather, export buying, animal-feed demand and competing oilseed prices affect soybean markets. Crushing margins link bean, oil and meal quotations without making them identical. Units, protein quality and product form matter when comparing prices.

What is Soybean meal · Monthly average used for in everyday life and industry?

Soybean meal is widely used in animal feed, while soybean oil serves food manufacturing and selected industrial or fuel uses. Beans also enter food processing. Demand for oil and meal jointly influences the economics of soybean crushing.

Why can local Soybean meal · Monthly average prices differ from this chart?

Local offers may include delivery, processing, taxes and commercial margins. Differences in quality, product form, market and contract timing can also change the price. Compare the same specification and unit before drawing conclusions.

Where can I compare historical Soybean meal · Monthly average prices?

Use the price chart and dated history table on this page, or download the CSV. Choose a period and keep the market, product and units consistent. Missing publication dates are not filled with invented observations.