【BOYAR监测】饲料原料市场每日简评【11.20】

Group 1 - The core viewpoint of the articles indicates a bearish trend in the soybean and corn markets, driven by supply dynamics and fluctuating demand expectations [1][4][5] - CBOT soybean futures closed lower, with January contracts down by 17-1/4 cents to settle at $11.36-1/4 per bushel, following a peak earlier in the week [1] - Domestic soybean meal prices in China showed a slight decline, with local prices down by 10-20 yuan per ton, reflecting a mixed outlook on demand despite strong crushing performance [2] Group 2 - The Dalian soybean meal futures market experienced a weak trend, with the main contract closing at 3017 yuan, down 5 yuan from the previous day [1] - U.S. soybean export sales are projected to increase by 600,000 to 1.6 million tons for the week ending October 2, indicating ongoing demand despite uncertainties [2] - The Brazilian soybean planting rate is lagging behind last year, currently at 71%, with a revised production estimate of 178.76 million tons, down by over 2 million tons from previous forecasts [2] Group 3 - CBOT corn futures also declined, with March contracts down by 8 cents to settle at $4.41-1/2 per bushel, influenced by the bearish sentiment from the soybean market [4] - Domestic corn prices in China showed a stable to slightly strong trend, with some enterprises raising purchase prices by 10-20 yuan to meet production needs amid a tightening supply [5] - The market is experiencing a cautious sentiment regarding corn sales, with logistics issues affecting the speed of grain movement and limiting price increases [5]