谷物和大豆期货周四涨跌互见，交易员等待美国最高法院对特朗普政府全球关税政策的裁决，同时关注 即将发布的关键联邦农业供需报告。 针对特朗普关税政策的裁决最早可能于周五公布，美国最高法院已将该日定为意见发布日。关税政策对 美国农业造成压力，而该行业正遭受大宗商品价格低迷、投入成本高企及全球供应过剩的三重打击。 芝加哥小麦期货一度上涨0.9%，触及两周高点。大豆期货小幅下跌，玉米期货则微幅上扬。 价格： 大豆下跌0.3%，至每蒲式耳10.635美元； 价格： 芝加哥时间11：10，小麦价格上涨0.8%，至每蒲式耳5.22美元； 大豆下跌0.3%，至每蒲式耳10.635美元； 芝加哥时间11：10，小麦价格上涨0.8%，至每蒲式耳5.22美元； 玉米上涨0.2%，至每蒲式耳4.4750美元。 责任编辑：李桐 谷物和大豆期货周四涨跌互见，交易员等待美国最高法院对特朗普政府全球关税政策的裁决，同时关注 即将发布的关键联邦农业供需报告。 针对特朗普关税政策的裁决最早可能于周五公布，美国最高法院已将该日定为意见发布日。关税政策对 美国农业造成压力，而该行业正遭受大宗商品价格低迷、投入成本高企及全球供应过剩的三重打击。 芝加哥 ...

Core Insights - The National Food and Strategic Reserves Administration reports that over 100 million tons of autumn grain have been purchased nationwide, indicating a smooth acquisition process [1] - The autumn grain market is characterized by rapid purchasing progress, active market transactions, and a clear preference for high-quality products, with strong demand for deep processing [1] - The supply of rice is sufficient, with high-quality varieties commanding premium prices; demand for high-protein soybeans is strong, with prices significantly higher than ordinary varieties [1] Group 1 - The harvest progress of corn in Northeast China is ahead of last year, with overall good quality [1] - The collection of mid and late rice is being conducted in an orderly manner, with minimum purchase price execution plans activated in key provinces [1] - Storage capacity for minimum purchase price collection exceeds 10 million tons, with the China Grain Reserves Group deploying mobile testing vehicles and rapid monitoring equipment to facilitate farmers [1] Group 2 - Autumn grain accounts for three-quarters of the annual grain production, with a wide variety and large quantity, and the purchasing process is expected to continue until April next year [1] - The National Food and Strategic Reserves Administration has launched multiple services for farmers, enhancing market monitoring and strict enforcement of grain purchase regulations to protect the interests of grain-producing farmers [1]

Core Points - The article highlights the proactive measures taken by agricultural and power supply departments in Yulin City to mitigate the adverse effects of continuous rainy weather on the autumn harvest [1][2][3] Group 1: Agricultural Measures - Yulin City has formed six working teams to provide on-site support across 12 counties, ensuring timely harvesting and effective service for farmers [1] - Farmers in Yulin are utilizing favorable weather conditions to expedite the harvesting of rice, with expectations to complete the harvest of all crops except corn by the end of October [1] - The director of the Sweet Potato Research Institute at Yulin Agricultural Science Research Institute stated that all autumn grains are expected to be stored by mid-November [1] Group 2: Power Supply Support - State Grid Yulin Power Supply Company has extended 1.7 kilometers of 10 kV lines and installed two 2000 kVA transformers to support the electricity needs of potato storage facilities [2] - The company has implemented a weekly inspection routine for power supply facilities to ensure the stable operation of drying equipment [2] - A 24-hour service hotline has been established to address any equipment failures or electricity inquiries, ensuring a 15-minute response time [2] Group 3: Collaborative Efforts - The collaboration between agricultural and power supply departments has created a robust defense network against adverse weather, laying a solid foundation for a successful grain harvest in Yulin City [3]

Group 1 - The recent surge in silver prices contrasts with gold's stagnation, attributed to silver's industrial demand and its role as a shadow commodity to gold [2][3] - Other precious metals like platinum and palladium have also seen significant price increases, with platinum rising over 50% since April and palladium over 30% [2] - The macroeconomic backdrop for commodities this year includes concerns over the U.S. fiscal situation, leading to a decline in the dollar index by over 10% since the beginning of the year [3] Group 2 - The performance of gold and silver varies with economic conditions; during weaker economic phases, gold tends to outperform silver, while in stronger phases, silver benefits from increased industrial demand [3][4] - Historical data shows that during periods of rising global manufacturing PMI, the gold-silver ratio decreases, indicating silver's relative strength [4] Group 3 - In the black commodity sector, the current basis changes present trading opportunities, with significant fluctuations observed in the market [5][6] - The recent price increases in the black commodity sector are not fully reflected in the spot market, leading to discrepancies between futures and actual market conditions [5][6][7] Group 4 - The current market dynamics suggest a potential bottoming out for commodities, driven by low absolute prices and the emergence of demand, particularly from real estate and exports [16][12] - The market is experiencing a rotation of leading commodities, with polysilicon and lithium showing significant price movements [30][29] Group 5 - The Shanghai Composite Index has seen a substantial increase of nearly 28% since September 2024, indicating a technical bull market [32][33] - The banking sector has been a major contributor to this rise, accounting for 24% of the index's increase, followed by the electronics and non-banking sectors [37][38]

Group 1 - The core viewpoint of the articles highlights the progress of summer grain and oil harvesting and planting in Sichuan province, with expectations to complete the planting by mid-June [1][2] - As of June 5, Sichuan has completed the harvesting of over 38 million acres of spring grain and oil crops, including over 21.7 million acres of rapeseed and over 9.3 million acres of wheat [1] - The mechanization rate for harvesting wheat and rapeseed has increased by approximately 6 percentage points due to the implementation of supportive policies such as free passage for agricultural machinery transport vehicles [1] Group 2 - Sichuan has completed spring irrigation supply of 3.5 billion cubic meters through various water management measures to support the planting of major spring crops [2] - As of June 5, Sichuan has planted approximately 65 million acres of spring crops, exceeding 80% of the planned target, with over 25 million acres of rice planted, accounting for 90% of the planned target [2] - The province is expected to complete all spring planting by mid-June, indicating a strong agricultural performance despite adverse weather conditions [2]