TagsSoybean meal

News: soybean meal

Indonesia’s sbm consumption to grow by 2%

Indonesian soybean meal (sbm) consumption is expected to increase by 2% to 5.75mt in 2024/25 on continued demand from the feed sector. The USDA...

India sees record oil meal exports at competitive prices

India exported a record 4.8mt of oil meal for feed (mainly sbm) during 2023/24 – the highest in the last 10 years. The previous...

Ussec sees robust growth in soybean demand

US Soybean Export Council (Ussec) continues to see robust growth in soybean demand globally, while production is expected to rise by 5% yoy. “Demand...

Price of sbm declines globally

Price of sbm is likely to fall as the US is forced to export excess sbm because of inadequate domestic demand. Higher demand for...

Soybean prices drop on ample supply from Brazil

World soybean and sbm prices continue to fall on the back of ample global supply. The March Wasde report noted that high supplies from...

Thailand’s sbm price to remain high

Sbm price in Thailand will remain high until April since Thai soybean crushing plants have deferred imports due to high prices, Somphob Auesongtham, Secretary...

CP Foods cuts feed prices further

CP Foods continues to reduce feed prices for farmers after the government allowed sbm imports with a 2% import tax. This year, it cut...

Addressing ANFs in sbm critical in young animal diets

While sbm is a common protein source in animal feed, its anti-nutritional factors (ANFs) present risks to the health and growth of young animals....

Thailand approves feed ingredient imports in 2024

Thailand’s cabinet has approved the importation of corn, sbm, and fishmeal for feed production in 2024. The import rules remain the same as in...

Thai govt urged to issue sbm import permits

The Federation of Livestock and Aquaculture and 15 allied associations have asked the government to review applications and issue import permits for sbm for...

Indonesia’s sbm imports to reach 5.6mt

Indonesia soybean meal (sbm) imports are forecast to hit 5.6mt in 2023/24 on sustained demand from feedmillers, the USDA said in a report. In...

Vietnam rejects import tax exemption for sbm

Vietnam’s Ministry of Finance (MOF) has said it should either maintain the current import tax rate for sbm at 2% or reduce to 1%,...

Feed ingredient prices trending down in Thailand

Prices of feed ingredients in Thailand will continue to decline until Q1 2024, an industry official said. “Corn and sbm prices have fallen because...

Thai government says no to feed price increase

Thailand’s Department of Internal Trade has not approved any feed price increase as prices of key ingredients like sbm and corn are declining. The...

Demand for US sbm expected to increase in Southeast Asia

Argentinian sbm will face increasing competition from the US for Southeast Asia, as the latter increases availability. At present, Argentina holds the market share...

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