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SunSirs: It is Expected that the Domestic Soybean Meal Price will be Strong in Late March

March 11 2025 13:57:13     

The National Grain and Oil Information Center reported on March 10: First, the arrival of imported soybeans in my country decreased in March, and the soybean and soybean meal stocks of oil mills will gradually decrease, supporting the soybean meal price. Second, the price of protein meal such as rapeseed meal is strong, and the domestic soybean meal price will be boosted by the price advantage. It is expected that the domestic soybean meal price will be strong in late March. In late April, as the arrival of imported soybeans increases, the soybean meal stocks will rebound, and the price may weaken at that time.

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