大豆与棕榈市场：加菜籽出口降，巴西产量增

Group 1 - The domestic and international protein meal and oil futures markets have experienced significant dynamics recently, particularly in soybean and rapeseed meal and oil sectors [1] - Canadian canola seed exports sharply decreased by 72.1% in the week of July 6, dropping from 173,500 tons to 48,400 tons [1] - The USDA's latest drought report indicates that approximately 9% of the U.S. soybean planting area was affected by drought as of July 8, up from 8% the previous week and the same as last year [1] Group 2 - The Brazilian Ministry of Agriculture's CONAB forecasts a soybean production of 169.4879 million tons for the 2024/25 season, an increase of 21.766 million tons year-on-year [1] - The USDA reported that net sales of U.S. soybeans for the 2024/25 season increased to 503,000 tons, with cumulative sales reaching 50.44 million tons, a year-on-year increase of 5.62 million tons [1] - The U.S. imposing an additional 50% tariff on Brazilian products will raise farm costs, impact the soybean supply chain, and pose risks to international markets [1] Group 3 - In the palm oil sector, Malaysia's palm oil exports in June were 1,259,354 tons, a month-on-month decrease of 10.52% [1] - Malaysia's palm oil production fell to 1,692,310 tons in June, a month-on-month decline of 4.48%, marking the first decrease in four months [1] - Palm oil inventories in Malaysia rose to 2,030,580 tons, a month-on-month increase of 2.41%, reaching the highest level since December 2023 [1]