Report Industry Investment Ratings - No information provided in the given content Core Views Pig Industry - Spot prices are oscillating weakly, and the overall boost from the Laba Festival is limited. Supply pressure is increasing, and the market is expected to maintain a bottom - range oscillation pattern [2] Meal Industry - US soybeans are showing a strong - side oscillation. The domestic spot market remains loose, but there is limited downward space for soybean meal and rapeseed meal. The market is expected to oscillate before the Spring Festival [5] Oil Industry - Palm oil futures are expected to continue to rise; soybean oil may be boosted by the US biofuel policy; rapeseed oil has been pushed up by capital. The overall market shows different trends [6] Red Date Industry - After the Laba Festival, the spot market's trading enthusiasm will decline. The futures are in a low - valuation range, and attention should be paid to the pre - Spring Festival trading and inventory [8] Apple Industry - The Spring Festival stocking atmosphere has slightly improved, but the inventory reduction is slow. Attention should be paid to the post - festival inventory [16] Corn Industry - Short - term corn remains in a high - level oscillation, supported by pre - festival stocking and restricted by policy releases. The 2,300 pressure level needs to be watched [19] Egg Industry - The egg market supply is stable, and the Spring Festival stocking is nearing the end. Attention should be paid to the terminal's digestion ability, and the egg price may correct [22] Cotton Industry - ICE cotton futures are in a low - level oscillation. Domestic cotton is supported by downstream demand and planting area expectations, and attention should be paid to the support at 14,500 [23] Sugar Industry - International raw sugar is expected to oscillate in the low range of 14 - 15 cents. Domestic sugar prices are expected to maintain a low - level oscillation, supported by cost and the overall commodity atmosphere [27] Summary by Related Catalogs Pig Industry - **Futures Indicators**: The main contract basis remains unchanged; the prices of "Pig 2605", "Pig 2603" and the "Pig 3 - 5 spread" have decreased; the main contract position has increased [2] - **Spot Prices**: The spot prices in most regions have decreased, with only some regions showing an increase [2] - **Spot Indicators**: The daily slaughter volume of sample points has increased slightly; the weekly prices of white strips, piglets, sows and the weekly average slaughter weight have changed little; the weekly self - breeding profit has increased by 486.60% [2] Meal Industry - **Soybean Meal**: The spot price in Jiangsu has increased by 1.30%, the futures price of "M2605" has increased by 0.65%, and the basis has increased by 6.69% [5] - **Rapeseed Meal**: The spot price in Jiangsu has increased by 1.19%, the futures price of "RM2605" has increased by 1.52%, and the basis has decreased by 1.40% [5] - **Soybeans**: The spot prices of soybeans in Harbin and Jiangsu have increased; the futures prices of "Bean 1 main contract" and "Bean 2 main contract" have decreased [5] Oil Industry - **Soybean Oil**: The spot price in Jiangsu has increased by 1.05%, the futures price of "Y2605" has increased by 1.63%, and the basis has decreased by 8.82% [6] - **Palm Oil**: The spot price of 24 - degree palm oil in Guangdong has increased by 1.90%, the futures price of "P2605" has increased by 2.04%, and the basis has decreased by 30.00% [6] - **Rapeseed Oil**: The spot price of third - grade rapeseed oil in Jiangsu has increased by 3.62%, the futures price of "OI605" has increased by 3.94%, and the basis has increased by 0.63% [6] Red Date Industry - **Futures Prices**: The prices of "Red Date 2605", "Red Date 2607" and "Red Date 2609" have decreased [8] - **Spot Prices**: The spot prices of Cangzhou's special - grade red dates have decreased slightly, while those of first - grade and second - grade red dates remain unchanged [8] Apple Industry - **Futures Prices**: The price of the "Apple 2605" main contract has decreased by 0.72%, and that of the "Apple 2610" contract has decreased by 0.17% [12] - **Spot Indicators**: The arrivals at several fruit wholesale markets have increased; the national cold - storage inventory has decreased by 3.11% [12] Corn Industry - **Corn**: The price of "Corn 2603" has decreased by 0.30%, the Pingcang price at Jinzhou Port has increased by 0.43%, and the basis has increased by 34.00% [19] - **Corn Starch**: The price of "Corn Starch 2603" has decreased by 0.66%, the average price of corn starch has increased by 0.18%, and the basis has increased by 13.58% [19] Egg Industry - **Futures Prices**: The prices of the "Egg 03" and "Egg 04" contracts have increased [22] - **Spot Prices**: The egg - producing area price and the egg - chick price have increased, and the egg - to - feed ratio and the breeding profit have also improved [22] Cotton Industry - **Futures Market**: The prices of "Cotton 2605" and "Cotton 2609" have decreased, and the ICE US cotton main contract has decreased slightly [23] - **Spot Market**: The Xinjiang arrival price and the CC Index of 3128B have increased, while the FC Index of M: 1% has decreased [23] - **Industry Situation**: The commercial inventory has decreased by 100%, the industrial inventory has increased by 1.5%, and the import volume has increased by 49.5% [23] Sugar Industry - **Futures Market**: The prices of "Sugar 2605" and "Sugar 2609" have decreased, and the ICE raw sugar main contract has decreased by 1.54% [26] - **Spot Market**: The spot prices in Nanning and Kunming have decreased [26] - **Industry Situation**: The national sugar production and sales have decreased year - on - year, and the industrial inventory has increased [26]

研究所 农产品研发报告 花生日报 2026 年 1 月 26 日 | 第一部分 | | | | 数据 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 花生数据日报 | | | | | | | 2026/1/26 | | 期货盘面 | | | | | | | | | 期货 | 收盘价 | 涨跌 | 涨跌幅 | 成交量 | 增减幅 | 持仓量 | 增减幅 | | PK604 | 7958 | 36 | 0.45% | 39,245 | 1.99% | 35,543 | 11.19% | | PK610 | 8250 | 34 | 0.41% | 183 | -40.78% | 2,781 | 2.24% | | PK601 | 8262 | 22 | 0.27% | 2 | -83.33% | 11 | 10.00% | | 现货与基差 | | | | | | | | | 现货 | 河南南阳 | 山东济宁 | 山东临沂 | 日照花生粕 | 日照豆粕 | 花生油 | 日照一级豆油 | | 今日报价 | 7400 | 8000 | 8000 | ...

菜籽油期货主力涨超4%，对于后市行情如何，相关机构该如何评价？ 机构 核心观点 南华期货 菜油仍处于去库阶段，基差维持强势 瑞达期货 菜油近期走势弱于豆棕，短期波动加剧 1月26日盘中，菜籽油期货主力合约遭遇一波急速上涨，最高上探至9356.00元。截止发稿，菜籽油主力 合约报9345.00元，涨幅4.08%。 加菜籽新作产量同比大幅增长，全球菜籽供应宽松，美国生物燃料政策提振加菜籽。市场对最终开放加 拿大菜籽进口持乐观态度，目前市场传言已出现加菜籽买船，但现货层面前期澳籽并未开始压榨，菜油 仍处于去库阶段，基差维持强势，后续仍需关注政策动向。 瑞达期货（002961）：菜油近期走势弱于豆棕，短期波动加剧 全球及加拿大菜籽供需格局相对宽松，继续牵制其市场价格。不过，加拿大总理卡尼访问期间与中国签 署了《中国-加拿大经贸合作路线图》，提振加拿大菜籽出口预期，支撑加菜籽市场。其它方面，美国 生柴消息利好，同时，高频数据显示，马棕本月供应端延续减产，且本月前二十日出口明显增加。另 外，印尼撤销28家公司许可证，涉及棕榈油种植园，引发对印棕供应的担忧。国内方面，现阶段油厂继 续处于停机状态，菜油也维持去库模式，对其价 ...

Report Summary 1. Report Industry Investment Ratings No industry investment ratings were provided in the reports. 2. Core Views of the Reports - **Oil and Fat Industry**: The potential positive impact of the US biodiesel policy on CBOT soybean oil is countered by the approaching Chinese New Year, which reduces the likelihood of continuous long - position trading. The soybean oil basis may still decline in the short term. Malaysian palm oil may continue to strengthen after a short - term correction. Rapeseed oil is expected to maintain a wide - range oscillation, with limited upside potential in the short term [1]. - **Cotton Industry**: US cotton is in a low - level oscillation. The high cotton consumption due to high - capacity downstream spinning mills in China, along with the expected adjustment of the 2026 planting area, provides strong support for Zhengzhou cotton. Attention should be paid to the support level around 14,500 [2]. - **Sugar Industry**: Internationally, raw sugar is expected to remain in a low - level oscillation between 14 - 15 cents. Domestically, sugar prices are likely to maintain a low - level oscillation, with the approaching end of Chinese New Year stocking and lack of upward drivers, but some support from prices below production cost and a positive commodity market atmosphere [3]. - **Jujube Industry**: With the market focusing on peak - season consumption, the spot price of jujubes is expected to rebound from the bottom, but the upward space is limited by hedging pressure [4]. - **Apple Industry**: As the Chinese New Year stocking period arrives, the market in some apple - producing areas is warming up. The futures price is expected to be slightly stronger due to the low good - fruit rate, low inventory, and some short - position exits [5]. - **Corn and Corn Starch Industry**: In the short term, the tight supply of corn and pre - festival stocking demand support price increases, but the continuous policy - driven corn release and limited high - price transmission restrict the upward space [7]. - **Pig Industry**: The spot price of pigs has strengthened, but the supply pressure is expected to increase after the snow - weather passes. The market is likely to maintain a bottom - range oscillation [10]. - **Meal Industry**: US soybeans are oscillating strongly. The domestic meal market is expected to oscillate, with limited downward space due to factors such as low first - quarter arrival expectations and high - level inventory decline [13]. - **Egg Industry**: The egg supply is stable, and the demand may weaken. As egg prices reach a high level, there is a risk of price correction if the terminal digestion ability is weak [14]. 3. Summary by Relevant Catalogs Oil and Fat Industry - **Futures Prices**: On January 23, 2026, soybean oil futures (Y2605) increased by 0.12%, palm oil futures (P2605) decreased by 0.38%, and rapeseed oil futures (OI2605) decreased by 0.12% [1]. - **Spot Prices**: The average price of soybean oil in Jiangsu decreased by 0.35%, the price of 24 - degree palm oil in Guangdong decreased by 0.22%, and the price of third - grade rapeseed oil in Jiangsu decreased by 0.20% [1]. - **Basis**: The soybean oil basis decreased by 7.75%, the palm oil basis increased by 53.85%, and the rapeseed oil basis remained unchanged [1]. - **Inventory**: The soybean oil inventory in Chinese coastal crushing plants is at a high level since 2022, the palm oil inventory in Chinese ports is slowly decreasing, and the rapeseed oil inventory is decreasing [1]. Cotton Industry - **Futures Prices**: On January 26, 2026, cotton 2605 decreased by 0.24%, cotton 2609 decreased by 0.17%, and ICE US cotton decreased by 0.11% [2]. - **Spot Prices**: The Xinjiang arrival price of 3128B cotton increased by 0.27%, and the CC Index: 3128B increased by 0.20% [2]. - **Inventory and Consumption**: The circular inventory decreased by 100%, the industrial inventory increased by 1.5%, the import volume increased by 49.5%, and the consumption of cotton by downstream spinning mills is high [2]. Sugar Industry - **Futures Prices**: On January 26, 2026, sugar 2605 increased by 0.43%, sugar 2609 increased by 0.33%, and ICE raw sugar decreased by 1.54% [3]. - **Spot Prices**: The price in Nanning increased by 0.19%, and the price in Kunming increased by 0.19% [3]. - **Industry Data**: The cumulative sugar production in China decreased by 16.43%, the cumulative sales decreased by 37.18%, and the industrial inventory increased by 10.82% [3]. Jujube Industry - **Futures Prices**: On January 26, 2026, jujube 2605 increased by 0.63%, jujube 2607 increased by 0.51%, and jujube 2609 increased by 0.44% [4]. - **Spot Prices**: The price of Cangzhou's top - grade jujubes increased by 0.11%, and the prices of first - grade and second - grade jujubes remained unchanged [4]. - **Inventory**: The number of jujube warehouse receipts remained unchanged, and the number of effective forecasts increased by 6.68% [4]. Apple Industry - **Futures Prices**: On January 26, 2026, apple 2605 increased by 0.48%, and apple 2610 increased by 0.63% [5]. - **Spot Prices**: The basis decreased by 3.57% [5]. - **Inventory**: The national cold - storage inventory decreased by 3.11% [5]. Corn and Corn Starch Industry - **Corn**: On January 26, 2026, corn 2603 increased by 0.22%, the basis decreased by 9.09%, and the north - south trade profit increased by 90.91% [7]. - **Corn Starch**: Corn starch 2603 increased by 0.23%, the basis decreased by 3.57%, and the starch - corn 03 spread increased by 0.36% [7]. Pig Industry - **Futures Prices**: On January 26, 2026, the main pig contract increased by 5.31%, pig 2605 decreased by 0.38%, and pig 2603 decreased by 0.30% [10]. - **Spot Prices**: The prices in Henan, Shandong, and other regions showed different changes [10]. - **Industry Data**: The daily slaughter volume increased by 1.79%, and the self - breeding profit increased by 486.60% [10]. Meal Industry - **Soybean Meal**: The price of Jiangsu soybean meal remained unchanged, the futures price (M2605) decreased by 0.61%, and the basis increased by 5.45% [13]. - **Rapeseed Meal**: The price of Jiangsu rapeseed meal remained unchanged, the futures price (RM2605) decreased by 0.67%, and the basis increased by 5.56% [13]. - **Soybean**: The price of Harbin soybeans remained unchanged, the futures price of the main soybean contract increased by 0.86%, and the basis decreased by 16.30% [13]. Egg Industry - **Futures Prices**: On January 26, 2026, egg 03 decreased by 1.58%, and egg 04 decreased by 1.15% [14]. - **Spot Prices**: The egg - producing area price increased by 2.87%, and the basis increased by 26.72% [14]. - **Industry Data**: The price of egg - laying chicks increased by 3.33%, the price of culled chickens increased by 3.31%, and the egg - feed ratio increased by 17.36% [14].

2026年01月26日 国泰君安期货商品研究晨报-农产品 观点与策略 | 棕榈油：多重因素影响，短期震荡偏强 | 2 | | --- | --- | | 豆油：美豆题材不足，油粕比回升 | 2 | | 豆粕：或跟随美豆震荡 | 4 | | 豆一：现货稳定，盘面反弹震荡 | 4 | | 玉米：震荡偏强 | 6 | | 白糖：低位整理 | 7 | | 棉花：震荡偏强20260126 | 8 | | 鸡蛋：节前旺季现货偏强 | 10 | | 生猪：腊八需求预期落地，关注供应矛盾 | 11 | | 花生：震荡运行 | 12 | 国 泰 君 安 期 货 研 究 所 请务必阅读正文之后的免责条款部分 1 期货研究 商 品 研 究 2026 年 01 月 26 日 棕榈油：多重因素影响，短期震荡偏强 豆油：美豆题材不足，油粕比回升 | | | 【基本面跟踪】 油脂基本面数据 | | 棕榈油主力 | 单 位 元/吨 | 收盘价 (日盘） 8,910 | 涨跌幅 -0.38% | 收盘价 （夜盘） 9,012 | 涨跌幅 1.14% | | --- | --- | --- | --- | --- | --- | --- | | ...

每经AI快讯，当地时间1月23日，洲际交易所（ICE）农产品期货主力合约收盘多数下跌，原糖期货跌 1.54%报14.73美分/磅，棉花期货跌0.06%报63.84美分/磅，可可期货跌5.77%报4211.00美元/吨，咖啡期 货涨1.08%报351.45美分/磅。 （文章来源：每日经济新闻） ...

Group 1: Report Industry Investment Ratings - No relevant content provided Group 2: Core Views of the Report - The soybean market is expected to continue its oscillating trend, with prices remaining high and stable despite regulatory changes such as grain depots stopping purchases and increased auctions [1]. - The corn market has both support and pressure, with prices staying high and oscillating. It is advisable to view it as a wide - range oscillation before the Spring Festival, and consider buying on dips if there is a significant decline [1]. - The egg price surge indicates the egg - laying chicken farming industry is out of the trough and in a profit - repair phase. Although there are supply - related uncertainties, it is not recommended to be overly bearish due to improved存栏量marginally compared to H2 2025 [2]. - For the pig market, there is a large basis between the near - month spot and futures. Near - month buying is strong in the short term, while the far - month needs further capacity reduction of sows and存栏 before strengthening expectations, which should be evidenced by continuous reduction before March [2]. Group 3: Summaries by Related Catalogs Soybean - Low - protein soybean prices in the Northeast production area have declined, while high - protein soybean supply is tight with a high - quality, high - price feature. Some areas have 39% protein content commercial beans priced around 2.2 yuan per catty [1]. - The 76,228 - ton two - way domestic purchase and sale of China Grain Reserves Corporation were all sold, showing short - term market support. Market prices remain high and stable despite regulatory changes [1]. Corn - Policy - driven imports and auction sales of corn supplement the market supply, but transactions often have premiums, boosting market sentiment. However, downstream enterprises' low acceptance of high - priced corn may limit price increases [1]. - The corn market has support from strong grassroots price - holding sentiment and downstream rigid restocking demand, but also faces pressure. Future focus is on grassroots selling mentality and policy release intensity [1]. Egg - The sharp rise in egg prices marks the egg - laying chicken farming industry's exit from the trough and profit - repair. But price rebounds have led to hesitation in old - hen culling, and there is a balance between reduced new additions and increased delayed culling in supply [2]. - After the price increase, inventory has emerged, and the market is in a state of indecision. There is a slight decline after the price peak, and there is no obvious driving force. It is not recommended to be overly bearish due to improved存栏量 [2]. Pig - At the end of 2025, the inventory of breeding sows was 39.61 million, a decrease of 1.16 million or 2.9%, and it was 101.6% of the normal inventory. In October 2025, the sow inventory was 39.9 million [2]. - In 2025, the national pig slaughter was 719.73 million, an increase of 17.16 million or 2.4% compared to the previous year. At the end of 2025, the national pig存栏 was 429.67 million, an increase of 2.24 million or 0.5% compared to the end of the previous year [2]. - There is a large basis between the near - month spot and futures, leading to strong near - month buying in the short term. The far - month needs continuous reduction of sows and存栏 before March to strengthen expectations [2].

Report Industry Investment Ratings - **Buy**: Soybean No.1, Soybean Meal, Soybean Oil, Palm Oil, Rapeseed Meal, Rapeseed Oil, Corn, Live Hogs, Eggs [1] Core Views - The prices of domestic soybean futures have rebounded from their lows and are accompanied by an increase in positions. Pay continuous attention to the guidance from the policy and spot markets [2] - The main contract of Dalian soybean meal today opened higher and moved lower, with a weakening trend. The expected high - yield in South America has returned as the main trading logic, but the harvest progress of new - season Brazilian soybeans has been slow due to weather. In China, the procurement of soybeans for February and March shipments has exceeded 90%, and that for April shipments has exceeded 40%. Pay attention to the harvest of Brazilian soybeans and the impact of Canadian rapeseed and rapeseed meal imports [3] - The strengthening of the Malaysian ringgit and investors' profit - taking have led to a decline in the price of Malaysian crude palm oil, and domestic palm oil has also been driven down. The US biomass diesel policy is bullish, and it is expected that the overall demand for US biomass fuel will increase year - on - year in the 26/27 market year. Pay attention to the impact of Indonesian policies and the supply - demand structure of Malaysian palm oil [4] - The rapeseed system has declined slightly today. Canadian rapeseed supply is relatively abundant, but exports are sluggish. It is expected that the rapeseed system will continue to fluctuate at the bottom [6] - The spot prices of corn in Northeast China and the northern ports have remained stable, with sporadic price cuts by some deep - processing enterprises in Northeast China. Some deep - processing enterprises in Shandong have raised the purchase price. Corn supply is relatively sufficient this year, but prices are relatively strong due to reduced available grain sources and pre - holiday restocking demand. The Dalian corn futures are expected to fluctuate in the short term [7] - The live hog futures have adjusted narrowly, and the spot market shows a pattern of strong in the north and weak in the south. Before the Spring Festival, there will be a situation of both strong supply and demand, but after the Spring Festival, prices are expected to be weak. In the long - term, the industry still needs to reduce production capacity [8] - The spot prices of eggs have generally increased across the country, while the futures have basically given back yesterday's gains. The Spring Festival stocking and the decline in supply have driven up spot prices. In the long - term, the fundamentals of eggs are gradually improving, and a long - position strategy on dips is recommended [9] Summary by Related Catalogs Soybean No.1 - The main contract price of domestic soybeans has rebounded from the low, and the trading volume on Friday was 38,114 tons, all of which were sold at a base price of 3,950 yuan/ton and an average price of 3,950 yuan/ton, the same as Wednesday [2] Soybean & Soybean Meal - The main contract of Dalian soybean meal opened higher and moved lower. The expected high - yield in South America is the main logic, but the Brazilian soybean harvest is slow. China has completed over 90% of February and March soybean shipments procurement and over 40% of April shipments. Pay attention to the Brazilian soybean harvest and the impact of Canadian imports [3] Soybean Oil & Palm Oil - The strengthening of the Malaysian ringgit and profit - taking have led to a decline in Malaysian palm oil prices, and domestic palm oil has also adjusted. The US biomass diesel policy is bullish, and it is expected that US soybean and soybean oil prices will be strong, which will also drive palm oil. Pay attention to Indonesian policies and the supply - demand structure of Malaysian palm oil [4] Rapeseed Meal & Rapeseed Oil - The rapeseed system has declined slightly, with Canadian rapeseed supply abundant but exports sluggish. It is expected to fluctuate at the bottom [6] Corn - The spot prices of corn in Northeast China and the northern ports are stable, with some price cuts in Northeast China and price increases in Shandong. Corn supply is sufficient this year, but prices are strong due to reduced available grain and pre - holiday restocking. The Dalian corn futures will fluctuate in the short term [7] Live Hogs - The live hog futures have adjusted narrowly, and the spot market is strong in the north and weak in the south. There will be a situation of both strong supply and demand before the Spring Festival, but prices will be weak after. The industry still needs to reduce production capacity [8] Eggs - The spot prices of eggs have generally increased, while the futures have given back yesterday's gains. Spring Festival stocking and supply decline have driven up spot prices. In the long - term, the fundamentals are improving, and a long - position strategy on dips is recommended [9]

Report Industry Investment Rating - Not provided in the given content Core Viewpoints - The protein meal market showed a strong and volatile trend at night. The soybean harvest rate in Brazil as of January 17 was 2.3%, higher than last week's 0.6% and last year's 1.2%, but lower than the five - year average of 3.2%. Positive talks between China and the US boosted the market's expectations for US soybean exports, and the upcoming biofuel policy also improved demand expectations, leading to a rebound in US soybean futures prices. However, high domestic soybean meal inventories and the expectation of a bumper harvest in South American soybeans will continue to put pressure on prices [3]. - The oil market adjusted in a volatile manner at night. Malaysia's strong palm oil exports in January, a decline in production month - on - month, and a reduction in tariffs supported palm oil prices. Indonesia's revocation of the licenses of 28 palm oil plantation companies and the current production - reducing season raised concerns about production, making palm oil prices trend strongly recently. The upcoming US biofuel policy details are also expected to support soybean oil. In the short term, the oil market is expected to fluctuate strongly [3]. Summary by Related Catalogs Domestic Futures Market - **Prices and Changes**: The previous day's closing prices of domestic futures for soybean oil, palm oil, rapeseed oil, soybean meal, rapeseed meal, and peanuts were 8084, 8944, 9002, 2768, 2396, and 8844 respectively. The price changes were 40, 112, 55, 43, 19, and 26, with corresponding percentage changes of 0.50%, 1.27%, - 3.15%, 1.58%, 0.80%, and 0.29% [2]. - **Spreads and Ratios**: There were detailed data on spreads and ratios such as Y9 - 1, P9 - 1, OI9 - 1, etc., with comparisons between the current values and previous values [2]. International Futures Market - **Prices and Changes**: The previous day's closing prices of international futures for BMD palm oil, CBOT soybeans, CBOT US soybean oil, and CBOT US soybean meal were 4113 (ringgit/ton), 1064.00 (cents/bushel), 53.74 (cents/pound), and 296.20 (dollars/ton) respectively. The price changes were 48.0, - 1.0, - 0.3, and 4.7, with corresponding percentage changes of 1.18%, - 0.09%, - 0.57%, and 1.61% [2]. Domestic Spot Market - **Prices and Changes**: There were data on the spot prices of various oils, meals, and peanuts in different domestic regions, along with their percentage changes and spot basis [2]. - **Spreads**: There were also data on spot spreads such as the spread between Guangzhou first - grade soybean oil and 24° palm oil, etc., with comparisons between the current values and previous values [2]. Import and Crushing Profits - There were data on the import and crushing profits of near - month Malaysian palm oil, near - month US Gulf soybeans, near - month Brazilian soybeans, near - month US West soybeans, near - month Canadian crude rapeseed oil, and near - month Canadian rapeseeds, with comparisons between the current values and previous values [2]. Warehouse Receipts - There were data on the warehouse receipts of soybean oil, palm oil, rapeseed oil, soybean meal, rapeseed meal, and peanuts, with comparisons between the current values and previous values [2]. Industry Information - A US private exporter reported the sale of 192,350 tons of soybeans to an unknown destination for delivery in the 2025/2026 marketing year. The Brazilian Soybean Crushers Association (ABIOVE) expected Brazil's soybean production in the 2025/2026 season to reach 177.124 million tons, up from 171.481 million tons in the previous season, and its soybean exports in 2026 to reach 111.5 million tons, up from 108.2 million tons in 2025 [3].

投资咨询业务资格:证监许可【2012】31号 1数据日报 国贸期货研究院 农产品研究中心 黄向岚 投资咨询号: Z0021658 从业资格号: F03110419 2026/1/23 | 指标 | | 1月22日 | 涨跌 | | | 豆粕主力合约基差(张家港) | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | ===== 16/17 | == | == | ** | == | | | 大连 | 452 | -43 | 2500 2000 | ===== 21/22 | ====== 22/23 | == | 24/25 | 25/26 | | 43%豆粕现货基差 | 日照 | | | 1000 500 | | | | | | | | 天津 | 392 | -43 | 1500 | | | | | | | | | 332 | -63 | | | | | | | | | 张家港 | 312 | -43 | -500 | | | | | | | (对主力合约) | | | | | | 05/21 06 ...