zarcasinofreespins2022today| Argentina's soybean sales hit a ten-year low: soybean meal supply is easing

News summary

Damage to soybean crops and transportation problems in Rio Grande do Sul, Brazil, severe weather and sluggish prices in Argentina led to a record low in soybean sales, and CBOT futures rose 1.5%.zarcasinofreespins2022today.6%。Domestic soybean supply is abundant and soybean meal output has increased. However, market demand and price increase motivation are insufficient, and the market may continue to fluctuate slightly.

Newsletter text

[International soybean prices were supported by multiple factors, and CBOT soybean futures closed up 1.5%.zarcasinofreespins2022today.6%】

Affected by damage to soybean crops and transportation problems in Rio Grande do Sul, Brazil, as well as severe weather and sluggish prices in Argentina, which have caused soybean sales to fall to a ten-year low, the market has expressed concern about soybean prices.zarcasinofreespins2022todayExpectations have increased.

Despite the surge in China's soybean imports, the increase in domestic factory operating rates, and the consequent increase in soybean meal production, due to the general market demand for pick-up, most manufacturers and investors adopt measures such as:zarcasinofreespins2022todayThe cautious wait-and-see attitude has weakened the motivation of oil factories to raise prices.

At present, with the increase in the supply of soybean meal, the market supply is gradually becoming loose, and spot prices are expected to remain slightly volatile in the short term.

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