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Chinese soybean meal stocks have risen to record levels after record soybean imports in May and June, while weak compound feed demand has slowed processing. Authorities are pushing to cut sow numbers and reduce soymeal share in feed recipes, which analysts expect to further reduce soy component consumption.
Китайский excess meal stocks and falling feed demand point to weaker Chinese soybean buying ahead of the US export season, which is bearish for soybeans and soymeal prices.
在过去 803 次看跌的贸易事件之后,大豆 在 5 个交易日内中位数变动 +0.0%(51% 上涨;中间一半区间为 -1.7% 至 +1.7%),20 个交易日内为 +0.9%。
在过去 384 次看跌的贸易事件之后,豆粕 在 5 个交易日内中位数变动 -0.2%(47% 上涨;中间一半区间为 -1.7% 至 +1.6%),20 个交易日内为 -0.5%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。