1 ton ** down 1670 yuan, soybean meal "** is only the beginning.
Soybean flour *** caused a crisis in the industry.
As one of the main components of feed, soybean meal plays an important role in the domestic market. Recently, however, there has been a staggering appearance of soybean flour, which has had a huge impact on the agricultural industry. According to statistics, the price of one ton of soybean meal fell by 1,670 yuan, a decrease of 3307%。This ** decline has undoubtedly put agricultural enterprises in a difficult situation, sparking heated discussions and concerns in the industry.
According to the market reaction, the main reason for soybean meal*** is the weakening demand for animal feed and the increase in imported soybeans. In the fourth quarter of last year, due to the sluggish hog market and the downturn in other agricultural sectors, animal feed demand declined, and major animal feed companies had to turn to more profitable alternatives such as plant meal, cottonseed meal, etc. At the same time, domestic soybean imports have also increased significantly, and U.S. soybean exports to China have also increased significantly. The combination of these two factors means that the soybean meal market is in short supply,**
However, soybean meal*** may be just the beginning. A closer look at market trends shows that soybean production is expected to be high in South America and exports to China are expected to increase in Brazil and Argentina. According to agency analysis, Brazil's soybean production is expected to be at 14.8 billion tonnes to 1Around 5.6 billion tonnes, mainly due to a certain period of drought during the critical period. In contrast, Argentina's soybean production capacity is expected to increase to around 50 million to 53 million tons. The performance of these two South American countries will have a significant impact on imported soybeans**. In addition, the national aquaculture industry is about to enter the off-season, the demand for animal feed is declining, and the outlook for soybean meal consumption is not optimistic.
In the face of these headwinds, the soybean meal market will face greater downward pressure. Although the current number of imported soybeans is small, there is still some support for the first soybean, but with the arrival of the Brazilian soybean harvest season, the number of imported soybeans will increase significantly, and the average monthly arrival of imported soybeans in the second quarter of the market will exceed 10 million tons. This is a huge blow to the soybean meal market, and the risk is even greater.
The industry responds to challenges and seeks transformation.
Faced with the uncertainty of the soybean meal market and the outlook for the industry, agricultural companies need to find ways to transform and grow to remain competitive. Here are some suggestions:
1) Look for alternatives: When soybean meal** remains high, some animal feed companies have started using alternatives, such as rapeseed meal and cottonseed meal, and this trend is likely to continue. In addition, consider other proteins** such as fishmeal and shrimp meal. Diversification of feed formulations reduces costs and increases competitiveness.
2.Improving breeding efficiency: Optimizing feed management and improving breeding efficiency is also an important way. Reasonably arrange the feed formula, scientifically manage the weight and slaughter time of pigs, reduce feed waste, and improve breeding efficiency.
3) Strengthen the ability to improve the market: the trend of the soybean meal market should maintain a keen observation and ability. Keep abreast of domestic and foreign soybean production, imports, and animal husbandry trends in order to make reasonable decisions.
4) Strengthening cooperation and alliances: Agribusinesses can work together to address market challenges by strengthening cooperation and alliances. They can reduce costs and improve market competitiveness together by centralizing procurement, sharing market information and supporting each other.
Conclusion. The growth of soybean meal poses serious challenges to the agricultural sector, but it also brings inspiration and opportunities to the agricultural sector. Agribusiness needs to respond to market changes in a timely manner and find new ways to grow. By finding alternatives, improving agricultural efficiency, enhancing market capabilities, strengthening cooperation and alliances, it is possible to remain invincible in the fierce market competition. In the face of challenges and opportunities, agribusiness must be innovative and agile in order to stand out in the industry and achieve sustainable development.