World soybean prices are expected to rise

OA show ('918 '); in two years, soybean and corn prices have been disappointing Now it looks as if prices will rise The price forecast for 2001 will affect the price of corn and soybeans next month According to the crop price forecast, the spot price of corn will be 0.2 to 0.3 USD higher than the current level, and the additional cost of corn will be increased by 0.25 to 0.3 USD on the basis of spring delivery At the same time, experts warned that although the currency exchange rate has picked up, it can be seen that the global grain inventory is tight, but from the situation of the spot market, it is not sure that the price will rise sharply immediately Moreover, the slower than expected corn export situation has brought great obstacles to the price recovery of corn As for the export volume of corn, it is relatively small, mainly in the first quarter of the year of farming As for soybeans, the export situation is the opposite of the previous market forecast This has a lot to do with the soybean harvest in South America Looking forward to December, USDA's quarterly grain reserves report has a significant impact on crop prices, especially corn According to the export situation and domestic sales situation of corn that people have known, in the first quarter of agricultural year, the calculated reserves should consider feed corn and corn for other purposes in the domestic market According to the report of pork in the first quarter of agricultural year, the application of corn as feed and other functions will increase In addition, the current wheat planting area is on the decline trend, and traders are also very concerned about the report of wheat planting in the East Because the change of planting area of winter wheat will directly affect the yield of spring wheat In addition, if there is a lot of decline in winter wheat planting area, spring wheat planting area may also decline Instead, crops such as sorghum and soybeans.