Soybean prices are unlikely to rise sharply in the near future

Introduction: before the launch of new soybeans, soybean prices are unlikely to rise significantly The main reasons are as follows: first, domestic soybean production will increase this year The relevant departments of the Ministry of agriculture predict that the soybean planting area will reach 148 million mu in 2004, an increase of about 6% over last year The output will reach 17.5-18 million tons, an increase of more than 2 million tons year on year Heilongjiang's soybean output is expected to reach 10.45 million tons, an increase of 3.2 million tons over the previous year, with a large increase, mainly due to an increase of 10 million mu in planting area, up to 74 million mu; secondly, due to the suitable climate and less disasters, the average yield per mu will be increased to about 140 kg, 30 kg higher than the previous year The second is that the epidemic of avian influenza affects the development of breeding industry, then the demand of soybean meal, and correspondingly the demand of soybean processing and pressing Third, the price of imported soybeans fell sharply, the price of soybean meal and soybean oil continued to fall, and the processing and pressing industry continued to make losses Fourth, the interaction between the domestic and international markets has changed In the past, the supply and price of soybeans in the international market affected the supply and demand of soybeans in China However, this year, the demand for soybeans in China has changed to determine the price of soybeans in the world Due to the decline of domestic demand and the decrease of imports month by month, the demand for soybeans in the international market has been weak and the price has been falling Fifth, at present, the domestic oil soybean stock is relatively sufficient, while the current off-season demand for edible soybeans is declining Sixthly, the new soybeans in South China have been listed recently At present, the real estate soybeans in Guangxi, Hunan and Hubei have been listed in succession, increasing the supply of domestic edible soybeans and increasing the resistance of soybean price rise After the middle of September, a large number of new soybeans will be on the market, which will correspondingly reduce the demand for edible soybeans in stock