Core Insights - The article highlights the unique qualities of 米脂小米 (Mizhi millet) and its successful branding and marketing strategies that have positioned it as a premium product in the market [1][10][12] Group 1: Product Quality and Unique Characteristics - 米脂小米 is recognized for its superior taste and quality, attributed to its long growth period and favorable climatic conditions in 米脂 County, which contribute to its rich flavor and high oil content [2][4][5] - The cultivation of 米脂小米 involves a focus on traditional farming methods combined with modern agricultural techniques, including the development of new seed varieties through space breeding and other scientific methods [3][4][11] Group 2: Market Development and Sales Strategies - The establishment of e-commerce platforms, such as the 淘米易购 platform, has significantly enhanced the market reach of 米脂小米, allowing it to penetrate both domestic and international markets [6][8][12] - The company has implemented a direct purchasing model that ensures farmers receive higher prices for their crops, thereby promoting sustainable farming practices and improving local economies [6][11] Group 3: Government and Institutional Support - 米脂 County's government has played a crucial role in promoting the 米脂小米 brand through various initiatives, including participation in national branding programs and the establishment of quality standards [10][12] - Collaborative efforts between local government, agricultural universities, and businesses have created a comprehensive support system for the 米脂小米 industry, facilitating its growth and development [10][12] Group 4: Future Prospects and Innovations - The 米脂小米 industry is poised for further growth with ongoing efforts to enhance product quality, expand market presence, and develop new processing techniques [11][12] - The introduction of deep processing products has diversified the offerings of 米脂小米, increasing its appeal and marketability [9][12]

Report Industry Investment Rating No relevant content provided. Core Views of the Report - After the call between Chinese and US leaders, the market's bullish sentiment was boosted, and bullish funds actively entered the market, causing the Dalian soybean meal futures to rise significantly. However, as China has not yet purchased new - season US soybeans, the changes in subsequent Sino - US trade negotiations need to be monitored. The US soybean sowing season has been relatively smooth, with a good initial report on crop quality, and overall normal weather in the production areas, but the precipitation forecast in the Midwest is slightly dry, which may bring phased growth pressure. Attention should be paid to the area survey report and the change in crop quality at the end of June. Brazil's soybean export peak has passed, and the soybean premium has rebounded. Argentina's soybean harvest is nearly complete, and a bumper harvest is established. - Domestically, oil mills have sufficient purchases of Brazilian soybeans for the June - August shipping schedule. Attention should be paid to the soybean purchase dynamics for the fourth quarter. The arrival of soybeans in China is still ongoing, with an estimated arrival of over 10 million tons in June - July and 8 - 10 million tons in August - September, resulting in a generally loose short - term supply. The operating rate of oil mills remains high, and domestic soybean and soybean meal are still in the process of inventory accumulation, with spot prices gradually declining and basis continuing to weaken. The提货 volume of soybean meal from oil mills has increased significantly, providing short - term support for market demand. Feed enterprises' soybean meal inventory has continued to rise but is at a low level compared to the same period, and there is still a need for restocking in the future. - As new - season US soybeans for the fourth quarter have not been purchased, the call between Chinese and US leaders may provide an expectation of improvement for subsequent trade negotiations, boosting the domestic futures market. Attention should be paid to subsequent trade negotiations, the weather in the US soybean production areas, the release of USDA reports, and the area report at the end of June. Domestically, supply has increased, putting pressure on spot prices, while feed enterprises'提货 and restocking have increased, and inventory has gradually recovered. Technically, the futures market has formed a bottom structure, and long - term there are opportunities to go long on dips. Overall, in the short term, Dalian soybean meal futures may fluctuate with a slight upward trend [3][74][75] Summary According to the Table of Contents 1. Review of the Soybean Meal Market - Since May, soybean meal has shown a weak oscillation followed by a small - scale rebound. At the end of May, the 09 - contract of soybean meal increased by 48 yuan/ton to 2968 yuan/ton, a rise of 1.64%. In the first half of May, the market was mainly influenced by the increase in soybean arrivals and the rise in the operating rate of oil mills, leading to an increase in soybean meal supply and a decline in spot prices. The futures market was weakly oscillating due to uncertainties in Sino - US relations. In the second half of May, the market was affected by the potential soybean production reduction in Argentina due to heavy rain and the impact of short - term heavy precipitation on the sowing progress in the US soybean production areas. Bullish funds pushed up the futures market, and the weather model predicted a dry and less - rainy growing season for US soybeans, injecting a certain weather premium into the market. However, due to the sufficient supply of soybeans in the past two months, the upward space was limited in the short term [9] 2. International Aspects 2.1 Global Soybean Supply and Demand - According to the new - season soybean balance sheet released by the US Department of Agriculture in May, the global soybean production in the 2025/2026 season is 426.817 million tons, with a year - on - year increase of 1.41%, showing a slowdown. Global export demand is 188.432 million tons, with a year - on - year increase of 4.18%. The crushing demand is 366.462 million tons, with a year - on - year increase of 3.48%. The ending inventory is 124.33 million tons, an increase of 1.15 million tons year - on - year, and the stock - to - consumption ratio has dropped to 29.32%, indicating a slight tightening of the global supply - demand situation [12] 2.2 US Soybean Supply and Demand - In the 2024/2025 season, the export demand for US soybeans was raised by 25 million bushels to 1.85 billion bushels, leading to a decline in ending inventory to 350 million bushels and a stock - to - consumption ratio of 7.98%. In the 2025/2026 season, the sown area is 83.5 million acres, the yield per acre is 52.5 bushels, and the production is 4.34 billion bushels. The US crushing capacity continues to expand, with an annual increase of 70 million bushels to 2.49 billion bushels, and the export demand is slightly reduced to 1.815 billion bushels. The ending inventory of new - season soybeans has dropped to 295 million bushels, and the stock - to - consumption ratio is 6.68%, indicating a tightening supply situation [16] 2.3 Weather in US Soybean Production Areas - As of the week ending June 1, 2025, the sowing progress of US soybeans was 84%, lower than the market expectation of 86%. The emergence rate was 63%, and the good - quality rate was 67%, lower than the market expectation of 68%. As of the week ending May 27, about 17% of the US soybean - growing areas were affected by drought. The weather forecast shows that in the next 15 days, the cumulative precipitation in the US soybean production areas will be 80 - 90 mm, which is beneficial for the initial growth of soybeans, and the sowing season is expected to end smoothly [18] 2.4 US Soybean Crushing Demand - In April 2025, the US soybean crushing volume was 190.226 million bushels, higher than the market expectation. From September 2024 to April 2025, the cumulative US soybean crushing volume was 1.540098 billion bushels, a year - on - year increase of 4.24%. As of the week ending May 23, 2025, the US soybean crushing profit was 1.85 dollars per bushel [22] 2.5 US Soybean Export Demand - As of the week ending May 22, 2025, the net export sales of US soybeans in the current market year increased by 146,000 tons. The cumulative export sales volume of US soybeans in the 2024/2025 season was 48.46 million tons, with a sales progress of 96.2%. China did not purchase US soybeans that week, and the cumulative purchase volume in the current year was 22.48 million tons [23] 2.6 Brazilian Soybean Balance Sheet and Exports - In the 2024/2025 season, Brazil's soybean production remained at 169 million tons, export demand was reduced by 1 million tons to 104.5 million tons, and ending inventory increased to 33.31 million tons. In the 2025/2026 season, Brazil's soybean production is estimated to be 175 million tons, export demand is 112 million tons, crushing demand is 58 million tons, and ending inventory is 34.16 million tons, with a stock - to - consumption ratio of 19.6%. In April 2025, Brazil's soybean export volume was 15.27 million tons, and the cumulative export volume from January to April was 37.45 million tons [32][38][39] 2.7 Brazilian Soybean Harvest - As of the week ending May 24, 2025, the soybean harvest progress in Brazil was 99.5%, and the harvest work was basically completed [41] 2.8 Argentine Soybean Situation - In the 2024/2025 season, Argentina's soybean production remained at 49 million tons. In the 2025/2026 season, production was slightly reduced to 48.5 million tons, crushing demand was raised to 43 million tons, ending inventory was 25.45 million tons, and the stock - to - consumption ratio was 46.27% [44] 3. Domestic Situation 3.1 Import of Soybeans and Other Products - In April 2025, China's soybean import volume was 6.08 million tons, lower than the market expectation, mainly due to tightened customs clearance policies. From October 2024 to April 2025, China's cumulative soybean import volume was 46.37 million tons, a year - on - year decrease of 3.68 million tons. The estimated arrival volume in May was over 12 million tons, and in June - July it was over 10 million tons. In April 2025, China's rapeseed import volume was 489,000 tons, and the cumulative import volume from January to April was 1.388 million tons. The rapeseed meal import volume in April was 289,000 tons, and the cumulative import volume from January to April was 1.086 million tons [49] 3.2 Domestic Oil Mill Inventory - As of the week ending May 30, 2025, the soybean inventory of major oil mills was 5.8288 million tons, an increase from the previous week and the same period last year. The soybean meal inventory was 298,000 tons, and the unexecuted contracts were 3.6929 million tons. The national port soybean inventory was 7.054 million tons. The daily average trading volume of soybean meal in the week was 82,580 tons, and the daily average提货 volume was 186,080 tons. The crushing volume of major oil mills was 2.2682 million tons, and the inventory days of soybean meal in feed enterprises were 5.99 days [52] 3.3 Feed and Aquaculture Situation - In April 2025, the national industrial feed production was 27.53 million tons, a month - on - month increase of 4.2% and a year - on - year increase of 9.0%. The proportion of corn in compound feed produced by feed enterprises was 42.1%, and the proportion of soybean meal in compound feed and concentrated feed was 12.1% [61] 4. Summary and Outlook for the Future - Internationally, after the call between Chinese and US leaders, the market sentiment was boosted, but attention should be paid to Sino - US trade negotiations. The US soybean sowing season was smooth, but the Midwest may face growth pressure. Brazil's export peak has passed, and Argentina's soybean harvest is nearly complete. Domestically, the supply of soybeans is loose in the short term, and oil mills and feed enterprises are in the process of inventory adjustment. In the future, attention should be paid to trade negotiations, weather conditions, USDA reports, and the area report at the end of June. Technically, there are long - term opportunities to go long on dips, and in the short term, Dalian soybean meal futures may fluctuate with a slight upward trend [74][75]

1. Market Information - As of the week ending June 1st, Canada's rapeseed exports increased by 9.4% to 175,100 tons compared with the previous week, and from August 1st, 2024, to June 1st, 2025, exports reached 8.5237 million tons, a 60.1% increase year-on-year. The commercial inventory of rapeseed in Canada as of June 1st was 970,500 tons [1] - From June 1st - 5th, 2025, Malaysia's palm oil production increased by 19.09% month-on-month, with fresh fruit bunch yield up 19.16% and oil extraction rate down 0.01% [1] - As of June 5th, the harvest rate of Argentina's 2024/25 soybean crop was 91%, lower than 94% in the same period last year [1] - Brazilian producers have sold 64% of their expected 2024/25 soybean output, over 11 billion tons, with sales delayed. Sales increased by 7 percentage points but were lower than last year's 71.8% and the five - year average of 76.9%. For the next year, 10.8% of expected output has been pre - sold, compared with 14.6% last year and an average of 20.6% [1] 2. Spot Prices - Spot prices of various products including soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu from May 30th to June 6th, 2025, are provided, showing fluctuations in prices during this period [3] 3. Other Information - Information on protein meal basis, oil basis, and oil and oilseed futures spreads is mentioned, but no specific data is given [4]

Core Insights - The article highlights the investment opportunities in Bayannur, Inner Mongolia, particularly in agriculture and livestock sectors, emphasizing its unique geographical advantages and resources [1][2][4] Group 1: Agricultural and Livestock Potential - Bayannur is a significant production base for organic raw milk, sunflower seeds, dehydrated vegetables, and tomato products, contributing to 40% of China's sunflower seeds and 60% of its tomato sauce exports [1][3] - The region is located in the "golden agricultural planting belt" at 40 degrees north latitude, benefiting from over 3100 hours of annual sunlight and significant temperature variations, making it ideal for crop growth [2][3] - The local government is focusing on attracting investment in agricultural processing and high-value product transformation, with 19 agricultural projects listed in the 2025 investment plan [9][10] Group 2: Investment Initiatives and Support - The "Private Enterprises Entering the Border Areas" initiative aims to encourage private enterprises to invest in Bayannur, with support from national ministries to leverage capital, technology, and management expertise [1][5] - The local government has implemented a "one-stop" approval process and "nanny-style" services to shorten the investment landing period, enhancing the business environment [10] - Significant investment has been noted, with 21 major projects over 1 billion yuan implemented in the first quarter of the year, totaling 4.47 billion yuan, a year-on-year increase of 451.9% [10] Group 3: Challenges and Future Directions - Despite its advantages, Bayannur faces challenges such as insufficient industrial chain collaboration, a shortage of skilled professionals, high logistics costs, and low land utilization [11] - The government plans to improve logistics parks, cold chain storage, and testing centers to support the agricultural and livestock industries [11] - The article suggests that the entry of private enterprises into the border areas could be a transformative opportunity for the region [11]

Group 1 - The core viewpoint highlights the thriving bitter melon cultivation in Donggang Town, leveraging favorable soil and water conditions, with yields reaching 6,000 to 10,000 pounds per acre and a stable purchase price of 3 yuan per pound [1] - Donggang Town's bitter melon is characterized by its thick flesh and moderate bitterness, with individual fruits weighing up to 1 pound, making it popular in the market [1] - A strategic partnership between Donggang Town's Strong Village Company and Guangzhou Yongchangshun Fruit Company has been established to create an integrated agricultural supply chain, ensuring market access and increasing farmer income [1] Group 2 - In addition to bitter melon, Strong Village Company is cultivating over 80 acres of seedlings for various fruits and high-quality sweet potato varieties [2] - Donggang Town plans to establish an 80-acre agricultural product distribution center next year, equipped with cold chain logistics facilities to further extend the agricultural product supply chain [2] - The focus on rural revitalization emphasizes industrial growth, aiming to create a closed loop from planting to branding and distribution, transforming Donggang's agricultural products from "good quality" to "good brand" [2]

1. Report Industry Investment Rating No relevant content provided. 2. Core Views of the Report - For oils, it is expected that the global soybean supply will remain loose in the 2025/26 season. Although the planting area and output of US soybeans will decrease, Brazil's soybean output may reach a record high. Currently, the weather in the main soybean - growing areas in the US is good, and the planting progress is fast. In the domestic market, a large amount of soybeans will arrive at ports, and the weekly soybean crushing volume will exceed 2 million tons, leading to a gradual build - up of soybean oil inventory. The CBOT soybean and soybean oil prices may fluctuate weakly. Palm oil is in the seasonal production - increasing period, but the inventory build - up in Malaysia in May is expected to be small due to improved export demand. The domestic palm oil inventory is at a low level, and the import volume is expected to increase gradually. Rapeseed prices in the Intercontinental Exchange are rising, providing support for rapeseed oil, but the domestic rapeseed oil inventory is still high. The strategy is to wait and see for single - side trading and focus on the opportunity of going long on rapeseed oil and short on soybean oil for arbitrage [5][7]. - For protein meals, the global soybean supply will remain loose in the 2025/26 season. The domestic soybean crushing volume is high, and the soybean meal inventory is rising from a low level. The rebound space of soybean meal is limited. The price of rapeseed meal is supported by the rising rapeseed price, but the high inventory of imported rapeseed meal restricts its upward movement. The strategy is to wait for the opportunity to short after the rebound for single - side trading and wait and see for arbitrage [9][10]. 3. Summary According to the Directory 3.1 Viewpoint and Strategy 3.1.1 Oils - **Core fundamentals**: Global soybean supply is loose. US soybean planting progress is fast, and domestic soybean oil is accumulating inventory. Palm oil production increase in Malaysia is small, and exports are improving. Rapeseed prices support rapeseed oil, but domestic rapeseed oil supply is abundant [7]. - **Cost and profit**: As of May 30, the arrival cost of Brazilian soybeans in July is 3,557 yuan/ton, with a gross profit of 184 yuan/ton. The import cost of palm oil (June shipment) is 8,456 yuan/ton, with a spot profit of - 125.36 yuan/ton. The arrival duty - paid price of Canadian rapeseed (June shipment) is 5,253 yuan/ton, with a spot crushing profit of - 68 yuan/ton [7]. - **Supply and demand**: In June, the estimated import volume of soybeans is 10.5 million tons, rapeseed is 200,000 tons, and palm oil is 252,000 tons. In May, the domestic soybean oil sales decreased by 42%, palm oil sales increased by 30.34%, and rapeseed oil sales decreased by 23% [7]. - **Inventory**: As of May 23, the total commercial inventory of the three major oils was 1.8018 million tons, a decrease of 0.67 tons from the previous week, a year - on - year increase of 4.70% [7]. - **Strategy**: Wait and see for single - side trading; focus on the opportunity of going long on rapeseed oil and short on soybean oil for arbitrage [7]. 3.1.2 Protein Meals - **Core fundamentals**: Global soybean supply is loose. Domestic soybean meal inventory is rising from a low level. The rebound of soybean meal is restricted by the large arrival of soybeans. Rapeseed meal is supported by the rising rapeseed price, but the high inventory of imported rapeseed meal restricts its upward movement [10]. - **Cost and profit**: As of May 30, the arrival cost of Brazilian soybeans in July is 3,557 yuan/ton, with a gross profit of 184 yuan/ton. The arrival duty - paid price of Canadian rapeseed (June shipment) is 5,253 yuan/ton, with a spot crushing profit of - 68 yuan/ton [10]. - **Supply and demand**: In June, the estimated import volume of soybeans is 10.5 million tons and rapeseed is 200,000 tons. From May 3 - 30, the total soybean meal sales decreased by 20.47% compared with April. The coastal rapeseed meal pick - up volume decreased by 25.50%, and the consumption of imported rapeseed meal increased by 24.42% [10]. - **Inventory**: In the 21st week, the soybean meal inventory in oil mills increased by 70% from the previous week, still at a low level. The inventory days of feed enterprises' soybean meal are 5.99 days, still at a low level. The rapeseed meal inventory in coastal oil mills decreased by 18.97% in the 21st week, while the imported rapeseed meal inventory is still high [10]. - **Strategy**: Wait for the opportunity to short after the rebound for single - side trading; wait and see for arbitrage [10]. 3.2 Market Review of Oils and Meals in May 2025 - **Oils**: The oils sector fluctuated narrowly in May, affected by the rumor of US biodiesel policy. Soybean oil inventory is increasing, palm oil did not weaken during the production - increasing period due to improved exports, and rapeseed oil is supported by cost [14]. - **Price differences**: The price difference between rapeseed oil and soybean oil widened, the price difference between soybean oil and palm oil narrowed, and the price difference between rapeseed oil and palm oil changed little [19]. - **Spot prices**: In May, the spot price of rapeseed oil increased slightly, while the spot prices of soybean oil and palm oil decreased. On May 30, the mainstream price of rapeseed oil was 9,474 yuan/ton, an increase of 58 yuan/ton; the average price of first - grade soybean oil was 7,928 yuan/ton, a decrease of 285 yuan/ton; and the national average price of 24 - degree palm oil was 8,520 yuan/ton, a decrease of 330 yuan/ton [21]. - **Protein meals**: Soybean and rapeseed meals rebounded in late May. The price difference between soybean meal and rapeseed meal narrowed to a low level, and the oil - meal ratio decreased. The spot price of soybean meal decreased significantly, while the spot price of rapeseed meal rebounded from a low level [25][28][31]. 3.3 Fundamental Analysis of Oils and Oilseeds - International Situation - **Global oilseed supply**: It is expected that the global oilseed supply will be loose in the 2025/26 season. The global oilseed output is expected to be 692.1 million tons, a 2% increase. The global soybean output is expected to be 426.8 million tons, a 1% increase. The total output of rapeseed and sunflower seeds is expected to recover by 6% [36]. - **US soybeans**: The weather in the main soybean - growing areas is good, the planting progress is fast, and the crushing profit is low. As of May 25, the planting progress is 76%, and the emergence rate is 50% [45][47][51]. - **Brazilian soybeans**: The harvest is basically completed, and the export is still at a peak. It is estimated that the export volume in May is 14.03 million tons, a 4.16% year - on - year increase. The CNF premium has decreased slightly [54][56]. - **Argentine soybeans**: The current harvest progress is slow, but it is expected to speed up as the rainfall decreases [60]. - **Malaysian palm oil**: The production in May increased slightly, and the export improved. The inventory build - up in April exceeded expectations [63][68]. - **Global rapeseed**: It is expected that the global rapeseed output will recover in the 2025/26 season, reaching 89.558 million tons, a 445,900 - ton increase. The production increase mainly comes from the EU, Canada, and Russia [71]. - **Canadian rapeseed**: The rainfall in the main growing areas is slightly lower than normal, the planting progress is fast, and the export demand is strong. The price of rapeseed futures in the Intercontinental Exchange has been rising [74][77][81]. 3.4 Fundamental Analysis of Oils and Oilseeds - Domestic Situation - **Soybeans**: It is expected that a large amount of soybeans will arrive at ports from June to July. The soybean inventory in oil mills will gradually increase, the import cost in May decreased, the crushing profit increased, and the crushing volume is expected to remain high [86][90][94][98]. - **Palm oil**: The import cost in May decreased slightly, the import profit improved, and the import volume in June is expected to increase [102][106][109]. - **Rapeseed**: The import cost of Canadian rapeseed in May increased, the crushing profit narrowed, the inventory in oil mills is low, and the crushing volume decreased significantly [113][118][127]. - **Oils inventory**: In May, the total inventory of the three major oils was relatively stable, but the inventory trends were different. Soybean oil inventory increased rapidly, rapeseed oil inventory decreased from a high level, and palm oil inventory remained low [131][137]. - **Oils trading volume**: In May, the trading volume of palm oil increased, while the trading volumes of soybean oil and rapeseed oil decreased [140]. - **Soybean meal**: The inventory is gradually increasing, and the trading volume in May decreased [143][147]. - **Rapeseed meal**: The inventory in oil mills is low, the port inventory is high, and the consumption in May decreased slightly [151][154][157].

Group 1 - The core viewpoint of the articles highlights the successful completion of black bean planting in Ming Shui County, with a total area of 23,500 acres dedicated to black bean cultivation this year [1] - Ming Shui County is located in a prime agricultural zone with favorable conditions for black bean farming, including rich black soil averaging over 1.5 meters in thickness and long sunlight hours [1] - The county has adopted a "smart agriculture + full industry chain" strategy to enhance the black bean industry, focusing on green, deep processing, and high-end development to promote rural revitalization [1] Group 2 - Ming Shui County has developed a comprehensive industry chain from black bean planting to deep processing, transitioning from single-use to diversified product development [2] - The black bean processing industry has evolved from a short, open supply chain to a long, closed industry chain, producing various products such as black bean powder, oil, wine, and vinegar [2] - To boost sales, Ming Shui County has established an online and offline marketing system centered around a digital economy incubator, direct sales stores, and chain supermarkets, with black bean products gaining popularity in major markets like Beijing, Shanghai, and Guangzhou [2]

社会经济研究员Chey Tech指出，这套体系实现了"内外双控"：在内部，农户之间将形成互相监督 的生产规范机制；在外部，消费者和贸易商可通过二维码验证产品的原产地真实性，确保产品质量和信 誉。 邓迪那大臣在考察期间深入了解了菩萨省奥松乡榴莲种植户的生产情况及其积极拓展中国市场的努 力。一位拥有30公顷种植规模的农户表示，其年利润已达25万美元。此外，当地另有农户正在积极建设 现代化榴莲包装厂，为即将到来的对华出口做好充分准备。 邓迪那在考察中呼吁广大农户务必坚持良好农业规范（GAP）。同时，他承诺农林渔业部将提供全 方位的支持，包括农场注册、农药安全使用指导以及出口设施认证等，以确保柬埔寨农产品在国际市场 上具备更强的竞争力。 （原标题：柬埔寨推行农产品"原产地识别二维码标签"计划 赋能农业出口） 柬埔寨农林渔业部正大力推行一项创新举措，旨在为本土农产品引入"原产地识别二维码标签"系 统。此举旨在有效遏制假冒伪劣产品，并全面提升消费者对柬埔寨农产品的信心。 农林渔业部大臣邓迪那于上周考察菩萨省榴莲种植园时，正式对外宣布了这项重要计划。据介绍， 该二维码不仅作为数字化标识，更将承载全流程溯源信息，涵盖农产品的 ...

Report Summary 1. Report Industry Investment Rating - No investment rating information is provided in the report. 2. Core Viewpoints - The report presents the latest data on the planting, harvesting, and export of soybeans and rapeseed in major producing countries, as well as the spot prices of related products [1][2]. 3. Summary by Related Catalog Overnight Market Information - As of the week ending May 25, 2025, the U.S. soybean planting rate was 76%, lower than the market - expected 78%, with the previous week at 66%, last year's same period at 66%, and the five - year average at 68%. The soybean emergence rate was 50%, up from 34% the previous week, compared to 37% last year and a five - year average of 40% [1]. - As of the week ending May 22, 2025, the U.S. soybean export inspection volume was 194,904 tons, at the lower end of the estimated range. The export inspection volume to the Chinese mainland was 0 tons. The cumulative export inspection volume for this crop year was 44,334,628 tons, compared to 39,948,112 tons in the same period of the previous year [1]. - In March 2025, Canada's rapeseed export volume was 896,968 tons, rapeseed oil was 307,394 tons, and rapeseed meal was 592,999 tons. As of March, the 2024/25 crop - year export volumes were 6,768,712 tons for rapeseed, 2,368,787 tons for rapeseed oil, and 4,057,503 tons for rapeseed meal [1]. - As of May 24, 2025, the Brazilian 2024/25 soybean harvest rate was 99.5%, better than last year's 98.1% and the five - year average of 99.1%. The first - season corn harvest rate was 86.9%, and the second - season corn harvest had just begun at a rate of 0.3% [1]. Spot Prices - The 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 May 21 to May 27, 2025, are provided in a table [2]. Others - Information on oilseeds basis, oilseeds and oil products price spreads, and protein meal basis is mentioned but no specific data is provided [3][8].

Group 1 - The article highlights the entrepreneurial journey of Wan Qinqi, who returned to her hometown to develop agricultural products, creating job opportunities and training programs for locals [1][2][4] - Wan Qinqi has successfully led the establishment of a company that has created over 400 jobs and trained more than 6,000 individuals in various skills [1][8] - The company has expanded its operations significantly, establishing nearly 1,000 acres of industrial base and a standardized processing plant of about 5,000 square meters [7][10] Group 2 - The article discusses the establishment of a training academy aimed at providing practical skills and technical knowledge to local farmers, which has conducted over 100 training sessions for more than 1,500 participants [9][10] - The company has developed a farmer training school that collaborates with agricultural experts to enhance the quality of tea production and improve farming techniques [10][11] - Wan Qinqi's initiatives have also included promoting local products through e-commerce platforms, significantly increasing sales for local farmers [11][12]