Soybean Meal

Soybean meal is the protein‑rich solid residue obtained after extracting oil from soybeans. It is a by‑product of oil processing and is traded internationally in metric tons as a key ingredient for animal feed.

Prices, specifications and international trade for soybean meal under HS 230400.

Soybean Meal Price

$372USD/t

Published reference · Jul 1, 2026

Soybean Meal Historical Unit Values

Soybean meal is quoted in USD/t at BRA. Historical customs values may differ from the headline reference.

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Soybean Meal Exports and Imports

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Brazil led reported soybean meal exports in 2025, at $7.9B.

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Soybean Meal Specifications and Quality

Soybean meal grading factors include Moisture, Crude Protein, and Crude Fiber.

Grading Factors

Quality assessment for soybean meal considers Moisture, Crude Protein, and Crude Fiber.

  • Moisture

    Measures water content; high moisture can lead to spoilage and reduced shelf life.

  • Crude Protein

    Indicates protein level; buyers seek high protein for feed formulation.

  • Crude Fiber

    Reflects indigestible fiber; excessive fiber lowers nutritional value.

  • Fat

    Residual oil content; low fat is typical for solvent‑extracted meal.

  • Anti‑caking Agent

    Added to improve flowability; excess may affect feed processing.

Soybean Meal Facts and HS Code

Soybean meal belongs to meals and feed ingredients within grains, oilseeds, oils and feed. Its customs classification covers HS 230400.

Soybean Meal HS Code

Also known asSoybean hulls
Scientific nameGlycine max
Product typeIntermediate
FormDried
Position in the chainBy product
CategoryMeals and feed ingredients — Grains, oilseeds, oils and feed
HS codes230400
Quoted inUSD/t
Reference locationBRA

Production & Handling

Soybean meal storage guidance: Stored in a ventilated, dry place away from toxic or hazardous materials.

Production and Storage

PerishabilityLow
Temperature regimeAmbient
Storage conditionsStored in a ventilated, dry place away from toxic or hazardous materials.
Production methodsFarmed
Processing steps
  1. Soybean cultivation
  2. Harvest
  3. Cleaning
  4. Crushing/Flaking
  5. Solvent oil extraction
  6. Meal drying
  7. Screening

Uses & Risks

Soybean meal is used in Animal feed, Pet food, and Organic fertilizer.

End Uses

  • Animal feed

    Primary source of protein for livestock and poultry diets.

  • Pet food

    Used as a protein ingredient in commercial pet formulations.

  • Organic fertilizer

    Spent meal can be applied as a soil amendment.

Uses and Related Commodities

Downstream industriesLivestock feed manufacturers, Pet food manufacturers, Fertilizer producers

Sourcing risks

RiskMitigation
Drought
ClimateMedium

Insufficient rainfall in key soybean‑growing regions reduces crop yields, limiting meal supply.

Sourcing from diversified regions and maintaining buffer inventories.
Residual anti‑nutritional factors
Food safetyMedium

Untreated soybeans contain compounds that can impair digestibility and animal health.

Apply heat treatment or solvent extraction processes that deactivate anti‑nutritional factors.