The US Department of Agriculture maintains the 2024/2025 US soybean meal supply and demand data unchanged in the supply and demand report, with a production of 57.08 million short tons, an increase of 5.7% year-on-year; Export 17.5 million short tons, a year-on-year increase of 9.4%; Domestic usage was 40.13 million short tons, an increase of 3.9% year-on-year; The ending inventory was 450,000 short tons, an increase of 12.5% year-on-year. The estimated annual average price remains at $320 per short ton.

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