---
title: Mintec launches US Soybean Meal Mintec Benchmark Prices 
description: Mintec launches US Soybean Meal Mintec Benchmark Prices 
---

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# Mintec launches US Soybean Meal Mintec Benchmark Prices  

[![](https://www.mintecglobal.com/hubfs/Mintec%20March%202021/back-arrow.png) All Market Notes ](https://www.mintecglobal.com/marketnotes?hsLang=en) 26 September 2023

Following a period of market feedback, Mintec has launched weekly Mintec Benchmark Prices (MBP) for Soybean meal FOB US Gulf. 

The initial proposal was announced in a market note published on 25th August 2023 which can be found [here](https://www.mintecglobal.com/mintec-proposes-to-launch-us-soybean-meal-mintec-benchmark-prices?hsLang=en). The decision to go ahead with the launch was communicated in a market note on 12th September 2023, which can be found [here](https://www.mintecglobal.com/mintec-to-launch-us-soybean-meal-mintec-benchmark-prices?hsLang=en).  

The specification for this assessment is as below:    

![](https://www.mintecglobal.com/hubfs/image-png-Sep-12-2023-03-52-26-7370-PM.png)

The assessment reflects the transactable value at 16:00:00 London time.   

Soybean meal is commonly used as a protein source in animal feed and the US is a major producer and exporter. The assessment complements Mintec’s existing soybean meal coverage and allows for additional granularity of comparison between major exporting origins.  

Please send any questions or comments about this market note to [Methodology@mintecglobal.com ](mailto:Methodology@mintecglobal.com)and clearly state which market note your comments relate to, and if the comments are intended for publication by Mintec.   

Mintec will acknowledge receipt of all comments by email.  

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