Series detail

Argentina Soybean Meal 47% FOB Price

FOB Argentina · 38 weekly scans · 31 January 2026 to 24 October 2026.

Latest mid
397.5 USD/MT · as of 24 October 2026
Archive updated
25 Oct 2026 · 05:49 UTC

Indicative weekly mids, not a confirmed trade. Firm stems on request.

Current mid
397.5 USD/MT
As of
24 Oct 2026
Archive range
325 – 427.5
Weekly scans
38

Argentina Soybean Meal 47% FOB Price — Latest Range

As of 24 October 2026 the archived mid for Soybean meal 47% protein, FOB Argentina, is 397.5 USD/MT, down 7.5 from the previous weekly scan.

The archive range on this page is 325–427.5 USD/MT across 38 weekly scans from 31 January 2026 to 24 October 2026.

The previous print was 405 USD/MT on 17 October 2026.

The first archived mid on this series is 325 USD/MT on 31 January 2026.

The source printed 415–380; Mid is the midpoint of those figures.

Figures are indicative weekly mids for RFQ context.

Argentina Soybean Meal Price History — Weekly USD/MT

Argentina Soybean Meal Price History — Weekly USD/MT
DateMidWeek ΔUnit
24 Oct 2026397.5-7.5USD/MT
17 Oct 2026405-22.5USD/MT
10 Oct 2026427.5+27.5USD/MT
3 Oct 2026400-25USD/MT
26 Sep 2026425+12.5USD/MT
19 Sep 2026412.5+7.5USD/MT
5 Sep 2026405+10USD/MT
29 Aug 2026395+25USD/MT
22 Aug 2026370+12.5USD/MT
15 Aug 2026357.5+5USD/MT
8 Aug 2026352.5-2.5USD/MT
1 Aug 2026355-15USD/MT
25 Jul 2026370+17.5USD/MT
18 Jul 2026352.50stableUSD/MT
11 Jul 2026352.5+20USD/MT
4 Jul 2026332.5-7.5USD/MT
27 Jun 2026340+2.5USD/MT
20 Jun 2026337.5+5USD/MT
13 Jun 2026332.5-2.5USD/MT
6 Jun 2026335-20USD/MT
30 May 2026355-7.5USD/MT
22 May 2026362.50stableUSD/MT
16 May 2026362.5+17.5USD/MT
9 May 20263450stableUSD/MT
2 May 2026345-2.5USD/MT
25 Apr 2026347.5-12.5USD/MT
18 Apr 2026360-5USD/MT
11 Apr 2026365+22.5USD/MT
4 Apr 2026342.5-2.5USD/MT
28 Mar 2026345-12.5USD/MT
21 Mar 2026357.5+10USD/MT
14 Mar 2026347.5+10USD/MT
7 Mar 2026337.5-5USD/MT
28 Feb 2026342.5+5USD/MT
21 Feb 2026337.50stableUSD/MT
14 Feb 2026337.5+10USD/MT
7 Feb 2026327.5+2.5USD/MT
31 Jan 2026325—USD/MT

Reading the Argentine soybean meal series

Argentina is the world's largest soybean meal exporter, crushing at the Rosario hub and shipping FOB Upriver. The standard Argentine Hipro grade is 47% protein — one point below the US and Brazilian 48% grades, which is part of the reason it usually trades at a discount.

The series rose from 325 to 395 USD/MT (+70, about 22%). The low was the first print, the high the last, and the largest weekly step +25 on the final scan of 29 August — the same week Brazilian meal also printed +25.

Argentine and Brazilian meal alternated as the cheapest grade (Argentina was lower or level in 22 of 31 weeks); against US Gulf meal it was 22.5 dollars under in January and 10 under in August. It is the origin most often landed in the Middle East and North Africa alongside Black Sea grain.

Related on this site: Brazilian soybean meal series and soybean meal specification.