Series detail

Brazil Soybean Meal 48% FOB Price

FOB Brazil · 35 weekly scans · 3 January 2026 to 12 September 2026.

Latest mid
405 USD/MT · as of 12 September 2026
Archive updated
15 Sep 2026 · 06:38 UTC
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Indicative weekly mids, not a confirmed trade. Firm stems on request.

Current mid
405 USD/MT
As of
12 Sep 2026
Archive range
320 – 407.5
Weekly scans
35

Brazil Soybean Meal 48% FOB Price — Latest Range

As of 12 September 2026 the archived mid for Soybean meal 48% protein, FOB Brazil, is 405 USD/MT, down 2.5 from the previous weekly scan.

The archive range on this page is 320–407.5 USD/MT across 35 weekly scans from 3 January 2026 to 12 September 2026.

The previous print was 407.5 USD/MT on 5 September 2026.

The first archived mid on this series is 325 USD/MT on 3 January 2026.

The source printed 415–395; Mid is the midpoint of those figures.

Figures are indicative weekly mids for RFQ context.

Brazil Soybean Meal Price History — Weekly USD/MT

DateMidWeek ΔUnit
12 Sep 2026405-2.5USD/MT
5 Sep 2026407.5+5USD/MT
29 Aug 2026402.5+25USD/MT
22 Aug 2026377.5+15USD/MT
15 Aug 2026362.5+5USD/MT
8 Aug 2026357.5-5USD/MT
1 Aug 2026362.5-12.5USD/MT
25 Jul 2026375+17.5USD/MT
18 Jul 2026357.5+5USD/MT
11 Jul 2026352.5+10USD/MT
4 Jul 2026342.5+5USD/MT
27 Jun 2026337.5+5USD/MT
20 Jun 2026332.50stableUSD/MT
13 Jun 2026332.5-5USD/MT
6 Jun 2026337.5-20USD/MT
30 May 2026357.50stableUSD/MT
16 May 2026357.5+7.5USD/MT
9 May 20263500stableUSD/MT
2 May 20263500stableUSD/MT
25 Apr 2026350-10USD/MT
18 Apr 20263600stableUSD/MT
11 Apr 2026360+20USD/MT
4 Apr 2026340-2.5USD/MT
28 Mar 2026342.5-7.5USD/MT
21 Mar 20263500stableUSD/MT
14 Mar 2026350+12.5USD/MT
7 Mar 2026337.5-12.5USD/MT
28 Feb 2026350+10USD/MT
21 Feb 20263400stableUSD/MT
14 Feb 2026340+10USD/MT
7 Feb 2026330+7.5USD/MT
31 Jan 2026322.5-2.5USD/MT
24 Jan 2026325+5USD/MT
17 Jan 2026320-5USD/MT
3 Jan 2026325—USD/MT

Reading the Brazilian soybean meal series

Brazilian 48% soybean meal is the second-largest meal export origin after Argentina and the main competitor for European and Asian protein demand. Export volumes follow the bean harvest with a lag, peaking from April onward.

The mid rose from 322.5 to 402.5 USD/MT — +80 USD/MT or about 25%, the largest gain on the meal board. Low and high were the first and last prints; the largest weekly move was +25 on 29 August.

Brazilian meal started the archive as the cheapest 48% grade, 25 dollars under US Gulf, and closed it only 2.5 dollars under. Read it together with the Argentine 47% line to see how the protein-point discount behaved.

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