Core Insights - Soybeans are a crucial commodity in China, with planting areas exceeding 1.5 million acres for three consecutive years [1] - The new season of domestic soybeans is entering a concentrated listing period, raising questions about harvest outcomes and price trends [1] Group 1: Harvest and Yield - In Heilongjiang Province, a farmer reported a yield of over 35,000 pounds from 75 acres, marking the best harvest in five years [3] - Favorable growing conditions in Northeast China have led to high soybean yields, contributing to an overall increase in total production [11] Group 2: Pricing Trends - Current soybean prices range from 1.9 to 2.3 yuan per pound, reflecting an increase of 0.1 to 0.3 yuan compared to the same period last year [9] - The price of soybean futures on the Dalian Commodity Exchange has risen by 200 yuan per ton since late September, currently standing at 4,108 yuan per ton [9] Group 3: Sales Dynamics - By mid-November, over 60% of the new season's soybeans had been sold, a 10% increase compared to the same period last year [7] - Many farmers are opting to sell their soybeans immediately after harvest due to previous experiences of price declines when holding onto their crops [7]