Marketplace › Commodities › Agriculture › Food Industry Wastes & Animal Fodder › Soybean Meal
Bulk Soybean Meal suppliers and buyers
Bulk Soybean Meal producers, manufacturers, traders and buyers post sell offers and buy requests on Comdity and agree the deal directly with each other on FOB, CFR or CIF terms.
About Soybean Meal
Soybean meal is the main protein ingredient of animal feed. It is traded in bulk by the metric ton and priced by protein content, moisture and origin. Cargoes are sold FOB or CFR.
Soybean Meal exporters and importers: who trades it in the world
World exports of Soybean Meal were worth about USD 33.6 billion in 2024. The largest exporting countries were Brazil (29.1%), Argentina (25.9%), United States (18.7%), Netherlands (3.2%). The largest importing countries were Vietnam (6.5%), Indonesia (6.3%), Philippines (4.2%), Germany (4%).
| Top exporting countries | Share of world trade |
|---|---|
| Brazil | 29.1% |
| Argentina | 25.9% |
| United States | 18.7% |
| Netherlands | 3.2% |
| India | 2.9% |
| China | 2.5% |
| Top importing countries | Share of world trade |
|---|---|
| Vietnam | 6.5% |
| Indonesia | 6.3% |
| Philippines | 4.2% |
| Germany | 4% |
| Poland | 4% |
| Netherlands | 3.9% |
Source: OEC (BACI/CEPII), 2024, customs codes 2304. The figures count trade by every mode of transport, not only by sea.
What moves the price of Soybean Meal
Soybean meal prices follow the crush margin of soybeans, the crops in the United States, Brazil and Argentina, the demand of livestock feed makers and the prices of competing proteins. The protein content (for example 46 or 48 percent) affects the price. Futures in Chicago are the usual reference.
Comdity does not publish prices: sellers and buyers agree them directly in their offers.
Soybean Meal offers and requests: FOB, CFR and CIF terms available
Post a Listing
How trading Soybean Meal works on Comdity
A company posts a sell offer or a buy request with the quantity, the delivery period and the ports. Other companies send an offer or a counteroffer on FOB, CFR or CIF terms. When both sides want to go on, they accept the offer, receive each other's contact details and finalise the contract directly. Comdity is a marketplace: it is not a party to the contract.
- FOB (Free On Board): the seller delivers the goods on board at the loading port; the buyer arranges and pays the sea freight.
- CFR (Cost and Freight): the seller pays the sea freight to the discharge port; the buyer carries the risk and the insurance from loading.
- CIF (Cost, Insurance and Freight): as CFR, and the seller also insures the cargo to the discharge port.
Read more: FOB vs CFR vs CIF · offer and counteroffer · how to find commodity suppliers · export and import documents.
Soybean Meal is normally shipped by bulk carrier. When the terms are agreed, you can explore suitable vessels on Shipfixing.
More in Food Industry Wastes & Animal Fodder
Related in Agriculture
Molasses · Frozen Meat · Sugar (Raw & Refined, ICUMSA 45) · Frozen Fish · Coffee Beans · Citrus Fruits · All Agriculture