Watch out for feed inflation and raise CPI

Introduction: soybean meal, the by-product of soybean oil extraction, is the main source of pig feed Its price is far higher than the price of people's staple food and flour This sounds absurd, but it is now becoming a fact Since this year, in the domestic futures market, the price of pig feed soybean meal has been rising all the way At the beginning of the year, it was still 2900 yuan per ton At present, it has risen to 4280 yuan per ton, while the price of early indica rice futures in grain is only 2800 yuan per ton, and the price of wheat futures is lower At present, it hovers around 2500 yuan per ton A soybean meal producer in Changzhou told reporters that many livestock and poultry producers "would rather give up the deposit than pick up the goods." An expert from the provincial agricultural committee said that soybean meal, as a protein feed, is necessary for the cultivation of high-quality pork and is not easy to be replaced There used to be breeders who fed piglets without soybean meal, but the results were not good Because if the proportion of protein feed is less than 30%, piglets are difficult to fatten in a short period of time, and the growth cycle is longer, increasing the cost of breeding In Heilongjiang, the main soybean producing area in China, the planting area has been decreasing in recent years, and the reduction rate last year was nearly 30% Brazil and Argentina in South America have become the main importers of soybean in China Since last year, the bad weather in the southern hemisphere has led to a sharp decline in soybean production This year, the source of soybean lies in the United States in the northern hemisphere, but the main soybean producing areas in the United States suffered the most serious drought in half a century in June this year The U.S Department of agriculture lowered the soybean production forecast for two consecutive months in July and August, and the soybean price soared, which directly affected the domestic soybean meal price Sun Huikai, general manager of Donghai futures Nanjing business department, believes that the soaring prices of soybean and soybean meal are caused by the disconnection between supply and demand caused by natural disasters as well as the financial market, which is essentially the dispute over international pricing power In the economic downturn, global risk aversion funds have entered into the market, which has pushed up the price of agricultural products Soros, Rogers and other big investors are optimistic about the anti inflation function of agricultural products, which is also the main reason for the soybean meal price to reach a new record He believes that the global soybean supply and demand will continue to be tight before the South American soybean market goes on sale next year, which will continue to push up the price of beans, and the domestic market will follow Every link of the food supply chain is closely linked, leading one to move the whole body Feed affects the price of meat and poultry and transmits it to the consumer price index (CPI), which will have an overall impact on domestic prices A person in charge of agricultural product subsidies from the Provincial Department of Finance pointed out that in the short term, from the means of price control, the continuous rise of soybean meal prices can only be digested by government subsidies and the cost reduction and control of large-scale livestock and poultry production enterprises, but the effect will not be ideal The national development and Reform Commission now requires the edible oil manufacturers to report the ex factory price every week, but the temporary price control results are not obvious In the long run, it is necessary to guide and regulate the supply and demand through policies and market hands, so as to fundamentally solve the problem.