Group 1 - The core viewpoint indicates that soybean futures are experiencing a strong upward trend, with the main contract rising by 2.16% to 4120.00 yuan/ton as of August 13 [1] - Brazil's soybean exports in the first week of August 2025 reached 2.7745 million tons, a significant decrease from 8.0415 million tons in the same period last year, although the daily average shipment increased by 26.51% compared to last year [2] - The European Union's soybean import volume for the 2025/26 season is reported at 1.3 million tons, down from 1.47 million tons last year, while the USDA's August supply and demand report indicates a reduction in expected soybean planting and harvesting areas in the U.S. for the 2025/26 season [3] Group 2 - Industry analysis from Dayue Futures suggests that while weather conditions in U.S. soybean-producing regions may support a bottom in soybean prices, the anticipated high yield from South American soybeans and favorable planting conditions in the U.S. may limit price rebounds [4] - Guotou Anxin Futures notes that the price gap between soybean contracts has reached a new low, indicating that soybean prices are entering an undervalued region, while also highlighting the importance of weather conditions and policy impacts on the market [4] - The report emphasizes the critical growth stage for soybeans in August, with potential weather risks due to high temperatures and low rainfall in certain U.S. regions, which could affect yield [4]