市场快讯：美农8月供需报告，收紧四季度油料供应

Group 1: Report Industry Investment Rating - The report does not mention the industry investment rating. Group 2: Core Viewpoints - The August USDA supply and demand report tightened the supply of oilseeds in the fourth quarter [1]. - In the domestic market, the supply of oilseeds will tighten in the fourth quarter, and the vegetable oil and soybean meal sectors are likely to rise, suggesting buying on dips [5]. - The August USDA supply - and - demand report was overall bullish, laying the foundation for a tightened global soybean supply in the second half of the year [8]. Group 3: Summary by Related Content US Soybean Supply and Demand - The US soybean planting area was 80.9 million acres (July expectation: 83.4 million acres), the harvest area was 80.1 million acres (July expectation: 82.5 million acres), the yield per acre was 53.6 bushels (July expectation: 52.5 bushels), the production was 4.292 billion bushels (July expectation: 4.335 billion bushels), and the ending stocks were 290 million bushels (July expectation: 310 million bushels) [8]. - Argentina's soybean production was 50.9 million tons (July expectation: 49.9 million tons), Brazil's was 169 million tons (July expectation: 169 million tons), and the global ending stocks were 124.9 million tons (July expectation: 126.07 million tons) [8]. Domestic Situation - As of the report, China had not purchased US soybeans. The inventories of domestic soybeans and soybean meal had reached a phased peak and would decline later, tightening the supply. Coupled with the anti - dumping of Canadian rapeseed, the overall supply of domestic oilseeds would tighten in the fourth quarter [5].