Group 1 - The domestic oilseed market is experiencing a downward trend, with soybean meal futures showing a decline of approximately 3.60% [1] - Current soybean supply in China is ample due to high import volumes and oil mills maintaining high operating levels, leading to rising soybean meal inventories [1] - The USDA report has adjusted the U.S. soybean planting area upwards to 81.1 million acres while lowering the yield estimate to 53.5 bushels per acre, impacting market expectations [2] Group 2 - The market sentiment is cautious due to the ongoing U.S.-China trade negotiations, with potential volatility expected from social media statements by U.S. officials [1] - Argentina's temporary cancellation of export taxes on soybean oil and meal is expected to exert short-term pressure on the soybean complex [2] - The soybean harvest in the U.S. is underway, which is anticipated to increase supply pressure in the market [2]
国庆前鉴于潜在利多不足 豆粕将震荡偏弱运行
Jin Tou Wang·2025-09-23 06:10