July 26 international soybean market news

Introduction: 1 On Thursday, there was little decline in US soybean port premium, while Brazil and Argentina soybean port premium remained basically stable The CIF price of American soybeans was 35 cents / bushel in July, 32 cents / bushel in August, 31 cents / bushel in September and 28 cents / bushel in October The CIF price of Brazil soybeans was - 2 cents / bushel in August, 21 cents / bushel in September and - 16 cents / bushel in May 2003 The CIF price of Argentina soybeans was August is - 3 cents / bushel 2 On Thursday, the price of American soybean meal is 14 cents / bushel in August, 14 cents / bushel in September, and 15 cents / bushel in October December; Brazil soybean meal is - 32 cents / bushel in August, 21 cents / bushel in September, and - 9.5 cents / bushel in October December; Argentina soybean meal is - 9 cents / bushel in August Share is - 45 cents / bushel, September is - 35 cents / bushel 3 On Thursday, the asking price of American soybean oil is 100 cents / pound in August, Brazil soybean oil is 30 cents / pound in August, 30 cents / pound in September and 10 cents / pound in October, Argentina soybean oil is 30 cents / pound in August and 30 cents / pound in September 4 On Thursday, as Chicago soybean futures fell sharply, Argentina's soybean spot price also plummeted Rosario's soybean price was 540-545 pesos / ton (US $148.90-147.50), down 15-20 pesos; Brazil's soybean price was 530-540 pesos / ton, down 20-30 pesos; quequequen and Buenos Aires, the soybean price was 510-515 pesos / ton, down 30 pesos 5 On Thursday, SGS, a Malaysian shipping research agency, released a report that China was the largest buyer of 199563 tons of Malaysian palm oil during July 1-25 India bought 72760 tons, Egypt 53350 tons EU 15 bought 119682 tons 6 On Thursday, the weekly sales report released by the U.S Department of agriculture showed that the U.S had not shipped soybeans to China as of July 18 As of July 18, the cumulative shipment volume of U.S soybean exports to China in 2001 / 02 was 4.4848 million tons, down 21.58 percentage points from 5.7192 million tons in the same period of last year As of July 18, 42000 tons of soybeans had been sold but not shipped by the United States to China, compared with 61500 tons in the same period last year In 2002 / 03, 55000 tons of soybeans were sold without shipment 7 Recently, some American experts predict that soybean will rise to $7 in mid August and $9 before labor day on September 2 They believe that the weather in the Midwest of the United States will be the key to the rise of soybean price, and demand is also the main factor Long term charts and cycle theory show that soybean price will rise.