Report Industry Investment Rating - The investment rating for the strategy is neutral [2] Core Viewpoints - The domestic soybean price is expected to remain stable in the short - term, with future market trends depending on policy guidance and downstream demand improvement [1] - The peanut market's short - term supply - demand structure is expected to remain stable, and attention should be paid to factors such as weather, new peanut quality, and pre - Mid - Autumn Festival downstream stocking demand [2] Market Analysis of Soybeans Futures - The closing price of the bean one 2511 contract was 3965.00 yuan/ton, up 4.00 yuan/ton (+0.10%) from the previous day [1] Spot - The edible bean spot basis was A11 + 255, down 4 (-32.14%) from the previous day [1] Market Information - The quotes of national standard first - class protein 39% or 41% medium - grain tower grain loading in various regions of Heilongjiang remained unchanged from the previous day [1] Market Analysis of Peanuts Futures - The closing price of the peanut 2510 contract was 7778.00 yuan/ton, down 18.00 yuan/ton (-0.23%) from the previous day [2] Spot - The average spot price of peanuts was 8440.00 yuan/ton, up 40.00 yuan/ton (+0.48%) month - on - month. The spot basis was PK10 + 622.00, up 318.00 (+104.61%) month - on - month [2] Market Information - The national average price of common peanuts was 4.22 yuan/jin, up 0.02 yuan/jin. The prices of Henan Baisha common peanuts and 8 - sieve peanuts were given, and the prices of domestic first - class ordinary peanut oil and small - pressed fragrant peanut oil remained unchanged [2]