油料日报：大豆花生表现分化，产区天气成焦点-20250723

Report Industry Investment Rating - The investment rating for both soybeans and peanuts is neutral [3][4] Core View of the Report - The performance of soybeans and peanuts is diverging, with the focus on the weather in the production areas. The soybean futures rose while the peanut futures weakened. The market is influenced by factors such as auctions, planting conditions, and weather forecasts [1][3] Summary by Related Catalogs Soybean View Market Analysis - Futures: The closing price of the soybean 2509 contract was 4232.00 yuan/ton, up 33.00 yuan/ton or 0.79% from the previous day. - Spot: The edible soybean spot basis was A09 + 68, down 33 or 32.14% from the previous day. - Market news: Northeast soybean prices were stable today. On July 21, 42032 tons of soybeans planned by CGC were all sold with premiums. Future rainfall in Northeast China is expected to increase, benefiting soybean growth. Anhui has mild drought [1][2] Strategy - Neutral [3] Peanut View Market Analysis - Futures: The closing price of the peanut 2510 contract was 8140.00 yuan/ton, down 66.00 yuan/ton or 0.80% from the previous day. - Spot: The average peanut spot price was 8700.00 yuan/ton, unchanged from the previous day. The spot basis was PK10 + -40.00, up 66.00 or -62.26% from the previous day. - Market news: The domestic peanut market was stable. The raw material acquisition in the production areas has basically ended, and the cold storage goods are mainly traded. The short - term upward momentum of peanuts has weakened, and the price is suppressed by the expected increase in production and the decline in planting costs [3][4] Strategy - Neutral [4]