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豆系研究周报:远期大豆进口或偏紧豆系盘面内强外弱-20250811
Guo Fu Qi Huo· 2025-08-11 07:11
Report Title - "Guofu Bean Series Research Weekly Report: Potential Tightness in Forward Soybean Imports, Stronger Domestic than Overseas Bean Futures" [1] Report Date - August 11, 2025 [1] Table of Contents I. Market Review - Covers soybean, soybean meal, and soybean oil [4] II. Production Area Weather - Includes weather in US soybean production areas and international supply - demand [4] III. International Supply - Demand - Focuses on US, Brazilian, and Argentine soybeans [4] IV. Domestic Supply - Demand - Analyzes soybean oil and soybean meal supply - demand [4] V. Domestic and International Oil Futures and Spot Prices, Spreads - Considers basis, monthly spreads, variety spreads, and CFTC position situation [4] Price Data - Brazilian soybean quotes for October 2025 rose from 300 to 315 (a week - on - week increase of 15), for February 2026 from 157 to 175 (an increase of 18), for March 2026 from 130 to 142 (an increase of 12), for April 2026 from 120 to 132 (an increase of 12), and for May 2026 from 135 to 155 (an increase of 20) [47] - Argentine soybean quotes for October 2025 were 240, and for November 2025 were 245 [47]