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油脂油料早报-20250711
Yong An Qi Huo· 2025-07-11 07:41
Group 1: Forecasts of Crop Yields and Inventories - Analysts expect the average ending stock of US soybeans in the 2024/25 season to be 358 million bushels [1] - The US soybean production in the 2025/26 season is expected to be 4.334 billion bushels, with a yield of 52.5 bushels per acre [1] - The global ending stock of soybeans in the 2025/26 season is expected to be 126.31 million tons, and that of corn is expected to be 277.46 million tons [1] - Brazil's soybean production in the 2024/25 season is expected to be 169.25 million tons, and Argentina's is expected to be 49.27 million tons [1] - The EU 27 and the UK's rapeseed production in the 2025/26 season is expected to be 20.3 million tons, with a forecast range between 19.3 million tons and 21.3 million tons [1] Group 2: Weather Conditions in Europe - In the past two weeks, temperatures in European countries were 1 - 6 degrees Celsius higher than normal, and rainfall in most areas was below average, raising concerns about drought in France, Germany, and Poland [1] - Only Spain and the UK had higher rainfall, with 9 - 30 mm more than normal [1] - The latest weather forecast shows that the weather in western and central Europe will be cooler before this weekend and warmer in the next two weeks, and much - needed rainfall is expected, but it may not be abundant due to deep - soil water shortage [1] Group 3: Spot Prices - Spot prices of soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu from July 3 to July 9, 2025 are provided [3]