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油脂油料早报-20250625
Yong An Qi Huo· 2025-06-25 02:22
Group 1: USDA Report Forecast - The average forecast of analysts is that the soybean planting area in the United States in 2025 will be 83.655 million acres, with a forecast range between 82.5 - 85.3 million acres. The USDA predicted the soybean planting area to be 83.495 million acres in the March 31 report. The USDA will release the planting area report at 00:00 on July 1, Beijing time [1]. - Analysts expect the corn planting area in the United States in 2025 to be 95.35 million acres, with a forecast range between 93.75 - 96.8 million acres. The March 31 planting intention report estimated it to be 95.326 million acres [1]. Group 2: Brazilian Soybean Exports - The Brazilian National Association of Grain Exporters (Anec) estimates that Brazil's soybean exports in June will reach 14.99 million tons, higher than the previous week's estimate of 14.36 million tons [1]. Group 3: EU Imports - As of June 22, the EU's palm oil imports in the 2024/25 season (starting from July) have reached 2.76 million tons, lower than 3.41 million tons in the same period last year. The EU's soybean imports have reached 13.79 million tons, higher than 12.89 million tons in the same period last year. The EU's rapeseed imports total 7.16 million tons, higher than 5.59 million tons in the same period last year. The EU's soybean meal imports have reached 18.88 million tons, higher than 14.93 million tons in the same period last year [1]. Group 4: Indonesian Palm Oil - The Indonesian Palm Oil Association (GAPKI) data shows that Indonesia exported 1.78 million tons of palm oil (including refined products) in April, a 38.14% decrease from 2.18 million tons in the same period last year. The decline in exports is due to reduced demand from the EU, India, the US, Pakistan, and Bangladesh [1]. - Indonesia's crude palm oil production in April was 4.48 million tons, higher than 4.39 million tons in March. Palm oil inventory at the end of April increased by 50% to 3.04 million tons, the highest level since May last year, due to decreased exports [1]. Group 5: Spot Prices | Date | Soybean Meal (Jiangsu) | Rapeseed Meal (Guangdong) | Soybean Oil (Jiangsu) | Palm Oil (Guangzhou) | Rapeseed Oil (Jiangsu) | | ---- | ---- | ---- | ---- | ---- | ---- | | 2025/06/18 | 2900 | 2560 | 8300 | 8780 | 9910 | | 2025/06/19 | 2910 | 2560 | 8380 | 8770 | 9900 | | 2025/06/20 | 2900 | 2550 | 8390 | 8740 | 9900 | | 2025/06/23 | 2860 | 2530 | 8340 | 8670 | 9870 | | 2025/06/24 | 2850 | 2530 | 8200 | 8510 | 9710 | [1][6]