The miracle ended, and the soybean meal suffered a heavy setback! Worse news, could it be further**?
The miracle of soybean flour fades, and the future is uncertain.
Last year, the performance of soybean meal was miraculous, often bottoming out and then rebounding, to the surprise of investors. However, the so-called"Miracles"It is often only a temporary phenomenon, and there are often complex and changeable factors hidden behind it. At present, soybean meal continues to fall below last year's low of 3,300 yuan. This time, can doufen raise its eyebrows again and return to its high position? The actual situation is not necessarily optimistic, and soybean meal is at risk of being suppressed. The reason for this, judging from the popularity of soybean meal last year, is mainly based on two factors: the customs inspection of soybeans and the expectation of the development of the agricultural industry. Today, however, the situation has fundamentally changed. Weak demand, high inventories, and a shortage of international soybeans** are intertwined, so the outlook for soybean meal is uncertain and challenging.
Description: The global agricultural sector is currently facing many uncertainties and challenges. As soybean clearance and inspection regulations tighten, the soybean import process has become slower, resulting in a continuous accumulation of soybean meal stocks. On the other hand, the expected turnaround in the agricultural sector has not materialized as expected, market demand is weak, and farmers are not willing to stock up. In addition, the news of the bumper soybean yield in the international market has also brought a lot of pressure to soybean flour, indicating that soybean flour is likely to continue. Against this backdrop, the future of soybean meal is full of tests, and investors must be cautious in responding to market changes and taking countermeasures.
A double whammy: declining demand and rising inventories.
Last year, the market was full of expectations for the development of the agricultural industry, and pork was expected to promote the growth of soybean meal demand. However, contrary to expectations, the development of the agricultural industry did not meet expectations, and the demand for soybean flour not only did not continue to heat up, but declined. Especially as the Spring Festival approaches, global demand will further weaken, the industry will enter the off-season, and consumption may decline. At the same time, soybean meal inventories continued to rise, while soybean and soybean oil inventories also remained high. Weak demand and inventory accumulation make it difficult to eliminate the trend of soybean meal**, and the market outlook is cloudy.
Expansion: Last year, the development of the agricultural industry was not as expected, and weak market demand led to a continuous increase in soybean flour stocks. Especially as the holiday approaches, the market consumption is weak, and the willingness of agricultural enterprises to stock up is not high, resulting in further soybean flour. At the same time, the world soybean market is sufficient, which not only exacerbates the national soybean meal inventory, but also brings challenges to soybean meal. In the face of weak demand and rising inventories, the outlook for soybean meal is worrying, and investors need to remain vigilant and adjust their investment strategies in a timely manner.
The expectation of a bumper international soybean crop is worrying.
In addition to factors such as weak domestic market demand and backlog, the trend of the international soybean market has also had a great impact on soybean meal. At present, although there is some controversy about Brazilian soybean production, overall South American soybean production will remain at a high level. At the same time, the Brazilian soybean harvest is progressing faster than in previous years, indicating that ** will be on the market ahead of schedule, which may squeeze the export space of US soybeans. At the same time, due to the recent decline in soybeans in the United States, the volume of soybeans in the international market will further increase, which will lead to greater pressure on the world soybean market. With the increase in international soybean production, soybean meal is likely to continue, so the market outlook is not optimistic.
Note: The trend of the international soybean market, especially the changes in soybean production in Brazil and the United States, has an important impact on soybean meal**. Recently, the Brazilian soybean harvest has accelerated, indicating an increase, while the US soybean ** trend is weak, forming an impact on the global soybean**. In this case, soybean meal** will be under greater downward pressure, and market expectations will also tend to be pessimistic, and investors need to be cautious. In the case of abundant soybeans in the international market, soybean meal may continue, and it is necessary to pay close attention to market trends and take corresponding countermeasures.
Summary. As an agricultural product market, soybean flour has an important impact on commodities, and its fluctuations are affected by a variety of factors. Last year, the performance of soybean flour showed some noteworthiness"Miracles", but often only temporary, lacking long-term sustainability. At present, soybean flour is facing multiple pressures such as weak demand, increased inventories and the expected impact of the international market, and its outlook is full of challenges. Investors in the soybean meal market must remain rational, strengthen the research and evaluation of market dynamics, and do a good job in risk management in order to face the challenges brought by uncertainties. When investing in the future, we should remain vigilant, pay attention to market changes, flexibly adjust our investment strategies, and be cautious in the face of market fluctuations to obtain good returns.