三天时间，160万吨美国大豆，多花近10个亿！ 这笔看似血亏的买卖，背后却是一盘精心布局的战略大棋。 就在2025年11月17日开始的短短三天内，中国粮企闪电出手，购买了近160万吨美国大豆。 这笔订单打破了中美大豆贸易持续半年多的"冰封期"，直接推动 美国大豆价格冲上15个月来的最高点。 但这批大豆的到岸价高达每吨4419-4465元，而同期巴西大豆的价格仅为3817元左右。 每吨600多元的价差，让中国买家为这笔订单多付出了近10亿元人民 币。 表面上看，这完全违背了商业常识。 为什么我们偏偏要当这个"冤大头"？ 答案藏在另一组数据里。 根据农业部披露的信息，巴西今年能卖给中国的大豆只剩下约400万吨，而中国每个月仅仅为了榨油和做饲料，就需要消耗800万 到900万吨大豆。 400万吨对900万吨，这个肉眼可见的供应缺口，才是真正的危机。 作为回应，美方暂停了原定于11月起对部分中国商品加征的100%关税，并恢复了三家美国企业的大豆输华资质。 中方则用实实在在的采购，展现出双向合 作的态度。 这笔买卖还有一笔品质账。 美国大豆的蛋白质含量普遍在35?8%，比巴西大豆通常高出1-2个百分点。 对于饲料厂和养 ...

天眼查App显示，近日，砀山柏乐商贸有限公司成立，法定代表人为孟召云，注册资本20万人民币，经 营范围为许可项目：食品销售；食品互联网销售（依法须经批准的项目，经相关部门批准后方可开展经 营活动，具体经营项目以相关部门批准文件或许可证件为准）一般项目：食品互联网销售（仅销售预包 装食品）；新鲜水果批发；农产品的生产、销售、加工、运输、贮藏及其他相关服务；食用农产品零 售；食用农产品批发；食用农产品初加工；日用百货销售；新鲜蔬菜批发；日用品销售；未经加工的坚 果、干果销售；粮油仓储服务；互联网销售（除销售需要许可的商品）（除许可业务外，可自主依法经 营法律法规非禁止或限制的项目）。 ...

Core Viewpoint - The Inner Mongolia Autonomous Region is actively promoting high-quality development and regional cooperation during the "14th Five-Year Plan" period, focusing on integrating into domestic and international dual circulation [1] Group 1: International Cooperation - By 2025, the region plans to implement nine policies to enhance its northern opening capabilities, including measures to innovate border trade and deepen cooperation with Russia and Mongolia [3] - From January to October 2025, the region's foreign trade import and export volume reached 175.13 billion yuan, an increase of 2.2%, with cross-border e-commerce transactions amounting to 3.64 billion yuan, growing by 90.1% [3] - The first second-hand car export auction platform to Russia and Mongolia was launched, exporting 11,943 vehicles worth 1.35 billion yuan, representing growth of 66.36% and 72.7% respectively [3] Group 2: Port Development - The region invested 27.1 million yuan in foreign trade and economic funds to support processing projects, promoting the development of three major processing areas [4] - All 85 key projects for high-quality port development have commenced, with the Arxan Port becoming the fourth year-round open international land port in Inner Mongolia [4] - From January to October 2025, the total cargo volume at ports reached 112 million tons, an increase of 11.77%, leading the nation among border land port provinces [4] Group 3: Domestic Cooperation - The region is actively integrating into the national regional development strategy, enhancing inter-provincial cooperation and industrial transfer, with domestic investment reaching 490.7 billion yuan from January to October 2025, a year-on-year increase of 13.4% [4] - Key regions such as Beijing-Tianjin-Hebei, Yangtze River Delta, and Guangdong-Hong Kong-Macao Greater Bay Area contributed 342.74 billion yuan, accounting for nearly 70% of total investment [4] - The region has successfully organized various investment promotion activities, including the fifth China-Mongolia Expo and the third Northward Opening Economic and Trade Fair [4] Group 4: Regional Coordination - The implementation of the "Sixfold Increase Plan" and "Four Actions" in the Beijing-Inner Mongolia collaboration has led to 321 joint technology projects and services for 375,000 patients by over 1,700 "Beijing Medical" experts [5] - The region has expanded sales channels for green food and organized several promotional events, achieving a sales volume of 30.2 billion yuan for "Mongolian Products in Beijing" [6] - Policies have been introduced to promote high-quality development in different regions, with 40 supporting measures from the Commerce Department to activate new development momentum [6]

（来源：中华粮网） 来源：中华粮网 来源：博易大师 据估计，加上此次采购，自10月下旬以来，中国已采购大约350万吨美国大豆，约占1200万吨采购目标 的30%。 从价格看，美湾装运的大豆价格比芝加哥期货交易所（CBOT）1月大豆期价高出约2.3美元/蒲，从太平 洋西北港口装运的大豆溢价为2.2美元/蒲；而巴西大豆比CBOT的1月大豆高出1.8美元/蒲。鉴于美国大 豆价格明显高于巴西供应，意味着商业压榨缺乏财务可行性，表明此次采购受到政治因素驱动。 美国农业部周三未在单日报告系统中确认这些销售。交易员预计，在周四美国感恩节假期（政府和市场 休市）之后，美国农业部将于周五确认这些销售。 分析师指出，商业买家将继续避免进口美国大豆，因为美国大豆价格仍然高于巴西大豆，因此压榨美国 大豆缺乏吸引力。因此本次大规模采购主要由国有贸易商推动，旨在稳定双边贸易关系，而非纯粹的商 业逐利行为。 美国农业部数据显示，在此次大额采购之前，中粮集团（COFCO）自10月底两国领导人举行会谈以 来，已经订购近200万吨美国大豆。尽管如此，这一累计量仍明显低于白宫此前宣称的中国将在年内采 购1200万吨的目标，由于美豆溢价高企，市场对 ...

2025/11/27 | 指标 | | 11月26日 | 涨跌 | 升贴水 | 对主力基差 | | --- | --- | --- | --- | --- | --- | | | 锦州港平舱价 | 2290 | 20 | 0 | 56 | | | 鲅鱼圈港平舱价 | 2275 | 25 | 0 | 41 | | | 蛇口港市场价 | 2460 | 30 | | | | | 黑龙江省-哈尔滨 | 2050 | 0 | -195 | 11 | | | 黑龙江省-绥化 | 2030 | 0 | -195 | -9 | | | 吉林省-长春 | 2130 | 0 | -130 | 26 | | | 辽宁省-沈阳 | 2200 | 30 | -80 | 46 | | | 辽宁省-铁岭 | 2180 | 20 | -80 | 26 | | 玉米现货 | | | | | | | | 内蒙古-通辽 | 2160 | 0 | -100 | 26 | | | 内蒙古-赤峰 | 2150 | 0 | -100 | 16 | | | 河北省-邯郸 | 2210 | 0 | I | - | | | 河北省-石家庄 | 2210 | 0 ...

Core Viewpoint - The soybean futures market is experiencing a downward trend, with the main contract reported at 4093.00 yuan/ton, reflecting a decrease of 0.58% [1] Group 1: Market Data - Brazil's soybean export volume for November is projected to be 4.4 million tons, down from the previous forecast of 4.71 million tons [2] - As of November 21, the deliverable soybean inventory at CBOT was 18.441 million bushels, an increase of 2.54% from the previous week and a significant rise of 68.12% compared to the same period last year [2] Group 2: Institutional Insights - Nanhua Futures reports that the domestic soybean spot market remains stable, with prices holding steady and limited changes. The selling pressure from the Northeast region is noticeably dispersed, and high-quality soybeans are being withheld from sale, maintaining strong prices. Market participants are cautious about high-price purchases, leading to slow circulation of goods [3] - Guotou Anxin Futures notes that domestic soybean prices are fluctuating, with a rebound followed by a pullback. The current spot market prices are stable, and there is a strong willingness among market participants to maintain prices. The tightening supply of high-protein soybeans is creating optimistic expectations, which is positively influencing the overall soybean market [3]

活动现场，"坡好"主题展区成为关注焦点。"坡好礼"展区集中呈现沙石画、黄河瓷、滩羊毯等非遗精品与文创产品，展现沙坡头深 厚的文化底蕴；"坡好吃"展区以手抓羊肉、蒿子面等特色美食为媒介，传递浓郁西北风味；"坡好品"展区展出沙坡头旱苹果、金银 花、香山软梨子汁、漠贝红酒等优质农产品，彰显地域特色；"坡好玩"体验区通过沙漠露营实景还原，打造沉浸式体验场景，充分 展示沙坡头区在农文旅商融合方面的创新实践与澎湃活力。现场同步设置的"闽宁协作 有头有尾"成果展，赢得嘉宾一致好评。与会 代表通过品鉴、观摩与互动交流，达成多项采购意向，多维度感受沙坡头的文化魅力与产业潜力。 推介环节详细介绍了沙坡头区农文旅资源禀赋、"坡好+"政策体系，以及中卫商城商圈文旅产业项目、长流水文化溯源项目等一批 具有牵引性和示范性的融合项目，系统呈现了区域高质量发展路径与投资机遇。 11月25日，"如遇佳期・有头有尾"中卫市沙坡头区2025年农文旅产业招商推介大会暨农文旅商促消费活动在厦门市海悦山庄酒店举 办。活动汇聚闽宁两地近200家文旅、农业及商贸企业代表，共叙山海情谊，共谋发展新篇。 两地200余家文旅、农业、商贸企业参加。 推介会现场达成 ...

从深圳海关获悉，截至今年10月，深圳关区AEO（经认证的经营者）企业达530家，其中集团式认证企 业占比超34%，涵盖电子制造、跨境物流、农产品贸易等深圳特色优势产业。深圳海关创新推行的集团 式AEO认证模式，是以集团核心企业为支点，借助集团内部管理互通、信息互通、人员互通的优势， 为旗下子公司提供"定制化"培育方案，形成AEO认证的群体效应。 ...

Core Viewpoint - The U.S. soybean trade with China is proceeding as planned, despite previous disruptions due to tariffs and trade tensions, highlighting the importance of the Chinese market for U.S. farmers and traders [1]. Group 1: U.S.-China Soybean Trade - U.S. Treasury Secretary Becerra stated that the soybean trade between the U.S. and China is "on track" during an interview, indicating a positive outlook for this sector [1]. - A shipping schedule revealed that two vessels departed for New Orleans to load the first batch of soybeans exported to China since May, marking a significant development after months of inactivity in orders from China [1]. - The U.S. soybean industry has faced significant losses, with U.S. farmers and grain traders waiting for the resumption of exports to China, which is crucial for their livelihoods [1]. Group 2: Economic Context - Becerra addressed the impact of inflation and the trade war on American farmers, emphasizing that the soybean trade is a core issue for the Trump administration [1]. - The U.S. Soybean Association's president highlighted the urgency for strong market opportunities, noting that the current order volume from China has been zero during the harvest season [1].

凌晨3点，一批自泰国进口的青柚运抵重庆江北国际机场。依托生鲜货物专属"绿色通道"，重庆江北机 场海关实施7×24小时通关保障，实现货物高效验放。当天，这批水果就运抵重庆双福国际农贸城进行 分销。 东盟优质农食产品被更快、更好地端上中国老百姓的餐桌，离不开中国—东盟动植物检疫和食品安全 （SPS）合作机制提供的重要制度保障。该机制通过在食品安全、动植物检验检疫及能力建设等领域开 展多项行动，为扩大东盟农食产品进口创造了便利、安全的贸易环境。 东盟美食走进来，"中国味道"走出去。在重庆德佳肉类科技发展有限公司的生产车间里，一盒盒猪肉罐 头在传送带上运送，经过X光机检测无异后，被自动打包入库，销往新加坡。 为助力企业顺利开拓新市场，重庆海关与新加坡海关部门开展多轮磋商。今年3月，重庆动物源性产品 监管体系首次通过新加坡的地区准入认证，德佳也正式获准向新加坡出口猪肉、禽肉、牛肉、羊肉及蛋 类5种动物源性罐头产品。 "东盟一直是我们重点深耕的目标市场。"德佳总经理王丹宇说，"下一步，我们计划通过参加东盟国家 的食品展争取更多国际订单。" "中国—东盟SPS合作作为双方促进农食产品贸易的重要平台，既是联通市场的纽带，更是 ...