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Soybean Meal (IMF Global Price)
IMF global price of Soybean Meal — used as a live monthly proxy for feed-protein cost (no free public API exists for CBOT soybean meal futures themselves). The primary protein ingredient in feed, and a major cost driver across Alaf's formulations.
- US/South America soybean crush
- Chinese soybean import demand
- Crush margins & vegetable-oil demand
- Weather in Brazil/Argentina
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IMF Primary Commodity Prices: Global price of Soybean Meal (series PSMEAUSDM), sourced via FRED, USD per metric ton. Live monthly proxy — not an actual CBOT futures quote.