
China's agriculture ministry cut its 2018-19 soybean import estimate to 84 million tonnes from 94 million in August. The USDA's September estimate is 94 million tonnes.
Analysts are divided on whether China will substantially reduce soybean use, and some expect it to source more from Brazil and Argentina.
A sharp cut in Chinese import demand would leave more soybeans and meal available for other buyers, which is bearish for soybean and soybean meal prices. The disagreement between Chinese official estimates and USDA figures adds uncertainty to the outlook.
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。