油料日报：豆一受阴雨天气影响，花生优质货源阶段性紧张-20250924

Report Industry Investment Rating - The investment rating for both soybeans and peanuts is neutral [4][7] Core Viewpoints - The soybean market is affected by rainy weather, increasing the risk of mildew during storage and potentially raising processing costs. The new soybean supply is gradually coming onto the market, but the market trading is slow. The peanut market has a situation where the supply pressure of new peanuts has not been fully released, and there is a short - term shortage of high - quality goods. The demand from food processing enterprises and oil mills is relatively weak [1][3][5] Summary by Related Catalogs Soybean Market Analysis - Futures: The closing price of the soybeans 2511 contract yesterday was 3878.00 yuan/ton, a change of - 34.00 yuan/ton from the previous day, a decrease of 0.87%. - Spot: The spot basis of edible soybeans is A11 + 342, a change of + 34 from the previous day, an increase of 32.14%. The purchase price of new - season soybean rough grains in the Northeast region has been decreasing, with prices ranging from 1.85 - 1.9 yuan/jin. The prices of tower - processed grains show a "high - quality, high - price" characteristic. The loading prices of national standard first - class soybean grains in various regions of Heilongjiang remained flat compared to the previous day [1][2] Market Trends - Yesterday, the soybean futures rebound was blocked. Continuous rainy weather in some areas increases the risk of mildew during soybean storage and may raise processing costs. The impact of Typhoon "Hikaa" on soybean supply in relevant producing areas needs to be continuously tracked [3] Strategy - The strategy is neutral [4] Peanut Market Analysis - Futures: The closing price of the peanut 2511 contract yesterday was 7768.00 yuan/ton, a change of - 38.00 yuan/ton from the previous day, a decrease of 0.49%. - Spot: The average spot price of peanuts was 8430.00 yuan/ton, a change of + 50.00 yuan/ton from the previous day, an increase of 0.60%. The spot basis was PK11 + 432.00, a change of + 38.00 from the previous day, an increase of 9.64%. The average price of general - quality peanuts in the national market was 4.19 yuan/jin, an increase of 0.03 yuan/jin. Oil mills' procurement is cautious, and the arrival volume is low [4] Market Trends - Yesterday, peanut futures continued to fluctuate weakly. The supply pressure of new peanuts has not been fully released, and there is a short - term shortage of high - quality goods. Rain has postponed the harvest of wheat - stubble peanuts in Henan and slowed down the drying in Liaoning. The demand from food processing enterprises is mainly on a "use - as - needed" basis, and the rigid demand during festivals is gradually weakening. The overall operating rate of oil mills is low [5][6] Strategy - The strategy is neutral, and the risk is weakening demand [7]