Core Viewpoint - The swine farming industry is entering a phase of high-quality development under supportive policies, focusing on optimizing production capacity while ensuring stable supply and promoting farmers' income [1][7]. Company Performance - Dekang Agriculture reported a revenue of 11.695 billion yuan in the first half of 2025, a year-on-year increase of 24.3%, with a pre-fair value adjustment profit of approximately 1.273 billion yuan, up 250.6% from 363 million yuan in the same period last year [1]. - The swine segment is the main contributor to Dekang's growth, achieving a revenue of 9.879 billion yuan, a 32.6% increase year-on-year, driven by a 27.1% increase in sales volume to 5.1174 million heads and a 3.5% increase in average selling price to 2032.7 yuan per head [2][8]. Competitive Advantages - Dekang has established itself in the top tier of domestic swine breeding, enhancing efficiency and reducing costs through self-bred quality breeding stock, with its core breeding group ranking first in key economic indicators [3]. - The company employs precise and flexible feed nutrition technology, implementing customized nutrition formulas to improve feeding efficiency and reduce costs, aligning with national policies on reducing soybean meal usage [3][4]. - The innovative "No. 2 Family Farm" model allows for a lighter asset structure, fostering mutual benefits between Dekang and farmers, which enhances overall production efficiency [4][6]. Social Responsibility and Industry Impact - Dekang actively addresses industry pain points such as overcapacity and farmer income issues by adopting a technology service-oriented business model, emphasizing the importance of farmer education and support [5][6]. - The company integrates government support, advanced technology, and cost advantages to create a win-win industrial ecosystem, providing training and guidance to cooperative farmers [7][8]. - Dekang's efforts in the "联农带农" (Linking Farmers) model contribute to solving rural issues and promoting common prosperity, aligning with national agricultural policies [7][8].

Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core Views of the Report - The rapeseed meal market continues to oscillate weakly, with short - term participation recommended due to large market fluctuations recently. The rapeseed oil market has intensified short - term fluctuations, and recently it has performed weaker than soybean and palm oils [2] Group 3: Summary by Related Catalogs Futures Market - Futures closing prices: Rapeseed oil was 9406 yuan/ton (down 51 yuan), rapeseed meal was 2660 yuan/ton (down 15 yuan), ICE rapeseed was 699.9 Canadian dollars/ton (up 2.6 Canadian dollars), and domestic rapeseed was 5197 yuan/ton (up 60 yuan) [2] - Month - to - month spreads: Rapeseed oil (9 - 1) was 49 yuan/ton (down 7 yuan), rapeseed meal (9 - 1) was 267 yuan/ton (down 3 yuan) [2] - Main contract positions: Rapeseed oil was 201338 lots (down 9445 lots), rapeseed meal was 468326 lots (down 15182 lots) [2] - Net long positions of the top 20 futures holders: Rapeseed oil was 15749 lots (up 2973 lots), rapeseed meal was 24840 lots (up 1665 lots) [2] - Warehouse receipt quantities: Rapeseed oil was 3487 sheets (unchanged), rapeseed meal was 0 sheets (unchanged) [2] Spot Market - Spot prices: Rapeseed oil in Jiangsu was 9570 yuan/ton (unchanged), rapeseed meal in Nantong was 2560 yuan/ton (down 20 yuan), rapeseed in Yancheng, Jiangsu was 6000 yuan/ton (unchanged) [2] - Average price: Rapeseed oil was 9610 yuan/ton (unchanged) [2] - Import cost of rapeseed: 4981.37 yuan/ton (up 20.15 yuan) [2] - Basis: Rapeseed oil main contract basis was 113 yuan/ton (up 35 yuan), rapeseed meal main contract basis was - 100 yuan/ton (down 5 yuan) [2] Substitute Spot Prices - Spot prices: Fourth - grade soybean oil in Nanjing was 8320 yuan/ton (down 30 yuan), 24 - degree palm oil in Guangdong was 8970 yuan/ton (down 30 yuan), soybean meal in Zhangjiagang was 2850 yuan/ton (down 10 yuan) [2] - Spot price differences: Rapeseed - soybean oil was 1220 yuan/ton (down 20 yuan), rapeseed - palm oil was 570 yuan/ton (up 50 yuan), soybean - rapeseed meal was 290 yuan/ton (up 10 yuan) [2] Upstream Situation - Global rapeseed production forecast: 89.77 million tons (up 0.21 million tons), annual forecast value of rapeseed production was 12378 thousand tons (unchanged) [2] - Rapeseed import volume: 18.45 tons (down 15.1 tons) [2] - Imported rapeseed crushing profit: 232 yuan/ton [2] - Rapeseed inventory in oil mills: 20 tons (up 5 tons) [2] - Imported rapeseed weekly operating rate: 14.93% (down 0.79%) [2] Industry Situation - Import volume of rapeseed oil and mustard oil: 34 tons (up 10 tons), import volume of rapeseed meal: 28.79 tons (up 4.13 tons) [2] - Coastal rapeseed oil inventory: 9.55 tons (up 0.3 tons), coastal rapeseed meal inventory: 1.9 tons [2] - East China rapeseed oil inventory: 56.27 tons (down 2.18 tons), East China rapeseed meal inventory: 35.13 tons (down 2.91 tons) [2] - Guangxi rapeseed oil inventory: 5.55 tons (down 0.05 tons), South China rapeseed meal inventory: 27 tons (down 1.2 tons) [2] - Weekly rapeseed oil pick - up volume: 2.91 tons (down 0.38 tons), weekly rapeseed meal pick - up volume: 2.32 tons (down 0.14 tons) [2] Downstream Situation - Feed production: 2762.1 tons (up 98.1 tons) [2] - Retail sales of social consumer goods in the catering industry: 4707.6 billion yuan (up 129.4 billion yuan) [2] - Edible vegetable oil production: 440.4 tons (down 87 tons) [2] Option Market - Implied volatility of at - the - money call options for rapeseed meal: 23.87% (down 0.09%), implied volatility of at - the - money put options for rapeseed meal: 23.87% (down 0.09%) [2] - Historical volatility of rapeseed meal: 20 - day was 15.85% (up 0.2%), 60 - day was 16.72% [2] - Implied volatility of at - the - money call options for rapeseed oil: 16.52% (up 0.71%), implied volatility of at - the - money put options for rapeseed oil: 16.52% (up 0.76%) [2] - Historical volatility of rapeseed oil: 20 - day was 10.9% (unchanged), 60 - day was 12.14% (up 0.03%) [2] Industry News - On July 25 (Friday), ICE rapeseed futures rose. The market was caught between bullish biofuel factors and bearish good crop conditions. The most actively traded November rapeseed futures closed up 5.10 Canadian dollars at 700.80 Canadian dollars per ton [2] - As of the week ending July 20, 2025, the good - to - excellent rate of US soybeans was 68%, lower than analysts' expectations of 71%, but still at a high level in the same period [2] Rapeseed Meal View Summary - The domestic oil mill operating rate is relatively high, soybean meal continues to accumulate inventory, and the future pig inventory is expected to decline. The Ministry of Agriculture and Rural Affairs emphasizes the reduction and substitution of soybean meal, reducing demand expectations. However, the uncertainty of fourth - quarter ship purchases supports the forward market. Near - month rapeseed arrivals are low, and the aquaculture peak season increases the seasonal demand for rapeseed meal. But the substitution advantage of soybean meal weakens the demand expectation for rapeseed meal. The rapeseed meal market continues to oscillate weakly [2] Rapeseed Oil View Summary - High - frequency data shows that from July 1 - 20, Malaysian palm oil production increased while exports declined, which restricts palm oil prices. But the large increase in Indonesian exports and positive news in the US and Indonesian biodiesel sectors boost the oil market. In China, it is the off - season for oil consumption, and the supply of vegetable oil is relatively loose. The inventory pressure of rapeseed oil mills is high, but the reduction in the operating rate of oil mills weakens the output pressure of rapeseed oil. The reduction in third - quarter rapeseed purchases eases the supply - side pressure [2] Key Points to Watch - The rapeseed operating rate and rapeseed oil and meal inventory in various regions announced by Myagric on Monday, and the development of China - Canada and Canada - US trade disputes [2]

Report Industry Investment Rating No relevant content provided. Core Viewpoints - Last week, the CBOT November soybean contract dropped 13.25 to close at 1021.75 cents per bushel, a decline of 1.28%; the September bean meal contract fell 35 to close at 3021 yuan per ton, a decline of 1.15%; the South China bean meal spot price rose 30 to close at 2880 yuan per ton, an increase of 1.05%; the September rapeseed meal contract dropped 47 to close at 2675 yuan per ton, a decline of 1.73%; the Guangxi rapeseed meal spot price fell 40 to close at 2560 yuan per ton, a decline of 1.54% [4][7]. - U.S. soybeans oscillated downward. The weather, including precipitation and temperature, was generally suitable, and recent forecasts were favorable for crop growth and development. Although the good - to - excellent rate of U.S. soybeans was revised down, it was at a relatively high level compared to the same period. The U.S. reached trade agreements with countries such as Japan and the Philippines, alleviating market concerns about trade, improving expectations for China - U.S. trade negotiations, and potentially facilitating the resumption of U.S. soybean purchases. In China, the Ministry of Agriculture and Rural Affairs announced measures to control pig production capacity, promote low - protein technology, and reduce the substitution of bean meal. The bullish sentiment subsided, and there was a significant reduction in positions to take profits, leading to the week - long oscillation and decline of the Dalian bean meal futures [4][7]. - The cumulative precipitation forecast for the U.S. soybean - producing areas in the next two weeks is higher than the average, and the recent high - temperature weather will subside by the end of the month. The overall situation is relatively good, which may lay the foundation for high soybean yields. The U.S. has reached trade agreements with countries such as the Philippines, Japan, and Europe. The China - U.S. economic and trade negotiations in Sweden are imminent, and the market has improved expectations, which may be beneficial for the resumption of U.S. soybean purchases. The domestic bean meal inventory level continues to increase, and there is still pressure on the spot market. After the bullish funds cash in on their profits, they are waiting for guidance from the negotiation results. In the short term, the Dalian bean meal may fluctuate widely [4][11]. Summary by Directory Market Data - The CBOT November soybean futures price dropped from 1035.00 to 1021.75 cents per bushel, a decline of 1.28%. The CNF import price of Brazilian soybeans increased from 472.00 to 473.00 dollars per ton, an increase of 0.21%, and that of U.S. Gulf soybeans increased from 458.00 to 459.00 dollars per ton, an increase of 0.22%. The Brazilian soybean crushing profit on the futures market decreased from - 17.41 to - 45.24 yuan per ton [5]. - The DCE September bean meal contract price fell from 3056.00 to 3021.00 yuan per ton, a decline of 1.15%. The CZCE September rapeseed meal contract price dropped from 2722.00 to 2675.00 yuan per ton, a decline of 1.73%. The price difference between bean meal and rapeseed meal increased from 334.00 to 346.00 yuan per ton [5]. - The East China bean meal spot price fell from 2900.00 to 2870.00 yuan per ton, a decline of 1.03%, while the South China spot price rose from 2850.00 to 2880.00 yuan per ton, an increase of 1.05%. The spot - futures price difference in South China increased from - 206.00 to - 141.00 yuan per ton [5]. Market Analysis and Outlook - As of the week of July 20, 2025, the U.S. soybean good - to - excellent rate was 68%, lower than the market expectation of 71%, and the previous week was 70%, the same as last year's 68%. The flowering rate was 62%, up from 47% the previous week, compared with 63% last year and a five - year average of 63%. The pod - setting rate was 26%, up from 15% the previous week, compared with 27% last year and a five - year average of 26%. As of the week of July 22, about 8% of the U.S. soybean - planting areas were affected by drought, up from 7% the previous week and 4% last year [8]. - As of the week of July 17, 2025, the net export sales of U.S. soybeans in the current year increased by 16.1 tons, compared with 27.2 tons the previous week. The cumulative export sales volume of U.S. soybeans in the 2024/2025 season was 5081 tons, basically achieving the annual target. The net export sales volume of U.S. soybeans in the 2025/2026 season in that week was 24 tons, and the cumulative sales volume in this season was 261 tons, compared with 290 tons last year [9]. - As of the week of July 18, 2025, the U.S. soybean crushing profit was 2.58 dollars per bushel, a 1.5% decrease from the previous week. The 48% protein bean meal spot price in Illinois was 257.28 dollars per short ton, equivalent to 5.98 dollars per bushel. The truck - quoted price of crude soybean oil in Illinois was 56.15 cents per pound, equivalent to 6.63 dollars per bushel. The average price of No. 1 yellow soybeans was 10.28 dollars per bushel, compared with 10.23 dollars per bushel last week [9]. - Anec predicted that Brazil's soybean exports in July would be 1211 tons, and the bean meal exports would be 240 tons [9]. - As of the week of July 18, 2025, the soybean inventory of major oil mills was 642.24 tons, a decrease of 15.25 tons from the previous week but an increase of 31.04 tons compared with last year. The bean meal inventory was 99.84 tons, an increase of 11.22 tons from the previous week but a decrease of 26.22 tons compared with last year. The unexecuted contracts were 496.23 tons, a decrease of 52.57 tons from the previous week and a decrease of 8.05 tons compared with last year. The soybean inventory in national ports was 797.9 tons, a decrease of 25.2 tons from the previous week but an increase of 54.33 tons compared with last year [10]. - As of the week of July 25, 2025, the average daily trading volume of national bean meal was 13.852 tons, including 8.262 tons of spot trading and 5.59 tons of forward trading. The previous week's average daily trading volume was 13.254 tons. The average daily delivery volume of bean meal was 18.842 tons, compared with 18.524 tons the previous week. The crushing volume of major oil mills was 223.89 tons, compared with 230.55 tons the previous week. The inventory days of bean meal in feed enterprises were 8.19 days, compared with 8.26 days the previous week [10]. Industry News - According to the FAO's "Agricultural Outlook 2025 - 34", by 2034, the soybean production in countries such as India, Russia, Ukraine, and Canada is expected to increase. Brazil, the largest soybean - producing country, is expected to see its soybean production grow at an annual rate of 0.8%, slightly higher than the 0.5% of the second - largest producer, the U.S. The soybean production in other South American regions is expected to grow strongly. By 2034, the soybean production in Argentina and Paraguay will reach 5600 tons and 1300 tons respectively. The global soybean production is expected to grow at an annual rate of 1%, compared with 2.2% in the past decade. About 80% of the production growth will be contributed by the increase in yield [12]. - Brazil's foreign trade secretariat data showed that in the first three weeks of July, Brazil exported 7,436,819.48 tons of soybeans, with an average daily export volume of 531,201.39 tons, a 9% increase compared with the average daily export volume of 489,127.13 tons in July last year. The total export volume in July last year was 11,249,924.00 tons [12]. - The IMEA announced that the soybean crushing profit in Mato Grosso from July 14 to July 18 was 441.52 Brazilian reals per ton, compared with 443.58 Brazilian reals per ton the previous week. The bean meal price in that state was 1499.39 Brazilian reals per ton, and the soybean oil price was 6037.16 Brazilian reals per ton [13]. - As of July 20, 2025, the EU's palm oil imports in the 2025/2026 season were 9 tons, compared with 20 tons last year. The EU's soybean imports in the 2025/2026 season were 52 tons, compared with 77 tons last year. The EU's bean meal imports in the 2025/2026 season were 100 tons, compared with 111 tons last year [13]. - The AAFC adjusted key data in its July supply - demand report. It adopted the latest rapeseed production data for the 2024/2025 season released by Statistics Canada, significantly increasing the production forecast to about 1919 tons, compared with the previous forecast of 1785 tons. The export expectation of old - crop rapeseed was also raised to 950 tons. Looking forward to the 2025/2026 season, the AAFC lowered the rapeseed production forecast by 20 tons to 1780 tons, based on a yield of 2.08 tons per hectare, lower than the 2.17 tons per hectare last year [13]. - From August 2024 to May 2025, Russia's rapeseed meal exports increased by 32% year - on - year to about 56.7 tons, mainly due to strong demand from China and Turkey. Due to the EU's import tariffs on Russian rapeseed meal, Russian exporters turned to the Asian market. China's imports of Russian rapeseed meal increased from 10,000 - 20,000 tons per month to 30,000 - 50,000 tons per month. China's total imports of Russian rapeseed meal from August 2024 to May 2025 were 24 tons, compared with 11.2 tons in the same period last year. Turkey's imports also doubled to 10.1 tons, with 93% coming from Russia [14]. - Argentina's soybean crushing volume in June was 4055149 tons, the soybean oil production was 788210 tons, and the bean meal production was 3021082 tons. As of July 1, 2025, the soybean inventory in Argentine factories was 3515877 tons, the soybean oil inventory was 283900 tons, and the bean meal inventory was 814862 tons [14]. - A commodity research report predicted that Australia's rapeseed production in the 2025/2026 season would be 570 tons, a 5% decrease from the previous expectation. The production forecast was lowered mainly because the yield forecasts in New South Wales and Victoria were reduced due to recent droughts that were unfavorable for crop growth [15]. Related Charts - The report provides multiple charts, including the trend of U.S. soybean continuous contracts, the CNF arrival price of Brazilian soybeans, the RMB spot exchange rate trend, the regional crushing profit, the trend of the bean meal main contract, the net position of managed funds in the CBOT, the spot price of bean meal in different regions, the spot - futures price difference of bean meal, the precipitation and temperature in U.S. soybean - producing areas, the flowering rate and good - to - excellent rate of U.S. soybeans, the cumulative export sales volume of U.S. soybeans to the world, the weekly net sales volume of U.S. soybeans, the cumulative sales volume of new - season U.S. soybeans, the weekly net sales volume of U.S. soybeans to China, the weekly export volume of U.S. soybeans, the weekly average daily trading volume and delivery volume of bean meal, the U.S. oil mill crushing profit, the soybean inventory in ports and oil mills, the weekly crushing volume and startup rate of oil mills, the bean meal inventory in oil mills, and the inventory days of bean meal in feed enterprises [16][21][24].

二 〇 二 五 年 度 2025 年 07 月 27 日 豆粕：关注中美经贸会谈，盘面震荡 豆一：基本面稳定，关注技术面波动 吴光静 投资咨询从业资格号：Z0011992 wuguangjing@gtht.com 报告导读： 上周（07.21-07.25），美豆期价小幅下跌，主要因为产区天气良好、出口需求不确定，但是美国贸 易协议希望对豆价也有支撑作用。据 7 月 23 日我国商务部新闻发布，经中美双方商定，中共中央政治局 委员、国务院副总理何立峰将于 7 月 27 日至 30 日赴瑞典与美方举行经贸会谈。美豆有 1 笔大额出口销售 订单：7 月 25 日对墨西哥销售 14.25 万吨大豆，2025/26 年度交货。从周 K 线角度，7 月 25 日当周，美 豆主力 11 月合约周跌幅 1.28%，美豆粕主力 12 月合约周跌幅 2.46%。 上周（07.21-07.25），国内豆粕期价先涨后跌，豆一期价震荡。豆粕方面，期价上涨因为国内市场 情绪偏强，豆粕期价创下 4 月中旬以来新高。期价下跌虽然受到"调控生猪产能"、"豆粕减量替代"等消 息影响，但豆粕减量替代并非首次提及、而是持续性政策导向。目前豆粕具有价 ...

农产品日报（2025 年 7 月 25 日） 一、研究观点 请务必阅读正文之后的免责条款部分 EVERBRIGHT FUTURES 2 | 品种 | 点评 | 观点 | | --- | --- | --- | | | 本周，玉米 9 月合约减仓调整，期价呈现震荡表现。9 月合约连续一周减仓调整， | 下跌 | | | 多空表现较为焦灼。现货市场中，伴随着进口玉米拍卖成交率的下滑，进口玉米 | | | | 拍卖对市场的影响也有所减弱，东北产区市场整体的气氛有所恢复，东北玉米价 | | | | 格目前有所反弹。 华北地区玉米价格整体稳定， 个别企业窄幅上调，主流价格 | | | | 保持稳定。山东深加工企业玉米到货量有所增加，但深加工企业玉米价格整体保 | | | 玉米 | 持稳定。河南、河北少数企业价格窄幅上调。销区市场玉米价格小幅反弹。周末 | | | | 产区玉米价格反弹 10-20 元/吨，期货走势接连上行，销区港口贸易商报价小幅 | | | | 提升，但下游市场接受一般，购销平淡，替代选择较多，玉米刚需为主。技术上， | | | | 玉米 9 月合约重新反弹至此前密集成交区 2320-2330 的价格区 ...

农产品日报（2025 年 7 月 25 日） 一、研究观点 | 品种 | 点评 | 观点 | | --- | --- | --- | | | 本周，玉米 9 月合约减仓调整，期价呈现震荡表现。9 月合约连续一周减仓调整， | 下跌 | | | 多空表现较为焦灼。现货市场中，伴随着进口玉米拍卖成交率的下滑，进口玉米 | | | | 拍卖对市场的影响也有所减弱，东北产区市场整体的气氛有所恢复，东北玉米价 | | | | 格目前有所反弹。 华北地区玉米价格整体稳定， 个别企业窄幅上调，主流价格 | | | | 保持稳定。山东深加工企业玉米到货量有所增加，但深加工企业玉米价格整体保 | | | 玉米 | 持稳定。河南、河北少数企业价格窄幅上调。销区市场玉米价格小幅反弹。周末 | | | | 产区玉米价格反弹 10-20 元/吨，期货走势接连上行，销区港口贸易商报价小幅 | | | | 提升，但下游市场接受一般，购销平淡，替代选择较多，玉米刚需为主。技术上， | | | | 玉米 9 月合约重新反弹至此前密集成交区 2320-2330 的价格区间，短线反弹遭遇 | | | | 到技术关口压制，期价短期呈现震荡偏弱表现。 ...

豆类 | 日报 投资咨询业务资格：证监许可【2011】1778 号 豆类 豆类油脂 姓名：毕慧 宝城期货投资咨询部 从业资格证号：F0268536 投资咨询证号：Z0011311 电话：0411-84807266 邮箱：bihui@bcqhgs.com 作者声明 本人具有中国期货业协 会授予的期货从业资格证 书，期货投资咨询资格证书， 本人承诺以勤勉的职业态 度，独立、客观地出具本报 告。本报告清晰准确地反映 了本人的研究观点。本人不 会因本报告中的具体推荐意 见或观点而直接或间接接收 到任何形式的报酬。 专业研究·创造价值 2025 年 7 月 24 日 豆类油脂 豆类大幅回落 油脂整体偏强 核心观点 7 月 24 日，豆类大幅回落，油脂整体偏强。豆一期价震荡偏弱，期价依 托 5 日均线震荡偏强运行，资金变化不大；豆二期价跌幅超 1.5%，期价下探 10 日均线支撑，资金变化不大；豆粕期价大幅回落，盘中跌幅超 2%，期价暂 获 10 日均线支撑，伴随减仓 17 万手；菜粕期价跌幅超 2.6%，期价大幅回落 跌破 10 日均线支撑，伴随减仓 2.6 万手。油脂期价整体偏强，豆油期价涨幅 超 1%，期价向上突破 ...

农产品日报（2025 年 7 月 24 日） 一、研究观点 | 点评 | | | | | | | 品种 | | 观点 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 周三，玉米加权合约继续减仓调整，期价收带下引线的小阳线，价格延续震荡表 | | | | | | | 玉米 | | 震荡 | | 现。本周，玉米 | | | | | | | | 9 月合约连续三天减仓，期价呈现反弹表现。现货市场中，伴随 | | | 着进口玉米拍卖成交率的下滑，进口玉米拍卖对市场的影响也有所减弱，东北产 | | | | | | | | | | | 区市场整体的气氛有所恢复，东北玉米价格目前有所反弹。 | | | | | | | | 华北地区玉米价格 | | | 整体稳定， | | | | | | | | 个别企业窄幅上调，主流价格保持稳定。山东深加工企业玉米到货 | | | 量有所增加，但深加工企业玉米价格整体保持稳定。河南、河北少数企业价格窄 | | | | | | | | | | | 幅上调。销区市场玉米价格小幅反弹。周末产区玉米价格反弹 | | ...

期货热点追踪 豆粕、菜粕主力回吐本周所有涨幅！机构分析指出，昨日农业农村部开会要求持续推进豆粕减量替代， 豆粕期货随即下跌，后市该如何布局？点击了解。 相关链接 ...

2025 年 07 月 24 日 商 品 研 究 豆粕：减量替代担忧情绪影响，盘面下跌调整 豆一：跟随豆类市场回落调整 吴光静 投资咨询从业资格号：Z0011992 wuguangjing@gtht.com 【基本面跟踪】 豆粕/豆一基本面数据 | | | 收盘价 （日盘） 涨 跌 | 收盘价 （夜盘） | 涨 跌 | | --- | --- | --- | --- | --- | | | DCE豆一2509 （元/吨） | 4217 +4（+0.09%） | 4193 | -36（-0.85%） | | 期 货 | DCE豆粕2509 （元/吨） | 3095 +19 （+0.62%） | 3041 | -55（-1.78%） | | | CBOT大豆11 （美分/蒲） | -3.5（-0.34%） 1022.5 | | | | | CBOT豆粕12 （美元/短吨） | 285.6 -1.3（-0.45%） | | n a | | | | 豆粕 | （43%） | | | | | 2950～2980， 较昨+20至+30； 月M2509+20/+30/+60， 持平； 9月M2509+0， | 8月10日前 ...