Group 1 - The core viewpoint is that the soybean meal market is showing signs of strength despite recent fluctuations, with a notable divergence between futures and spot prices [2][4] - The soybean meal market is supported by a projected shortage in the fourth quarter, which is a significant factor influencing market dynamics [4][5] - The cost of imports is a critical support factor for soybean meal prices, as even if U.S. soybeans return to the Chinese market, prices are unlikely to drop significantly due to high import costs [6][9][10] Group 2 - Demand for soybean meal is being bolstered by recent developments in the canola meal market, particularly following anti-dumping measures against Canadian canola seeds, which have led to a rise in canola meal prices [11][13] - The current market situation for soybean meal reflects a balance between high inventory levels and long-term bullish expectations, indicating a gradual upward shift in spot prices [13] - Any unexpected regulatory changes could trigger a significant price increase in soybean meal, highlighting the market's sensitivity to external factors [13]
好家伙,豆粕又快压不住了?
Sou Hu Cai Jing·2025-08-19 06:29