Agricultural products are not only affected by the growth cycle of agricultural products, but also affected by market fluctuations, which is a professional game that requires in-depth research and accurate judgment. Because it is often affected by changes in supply and demand in the spot market, investors need to be aware of the basic position of the spot market, especially for those highly internationalized agricultural products with high dependence on China's imports, such as soybeans and palm oil, the fluctuations of the international market are often transmitted to the domestic market. Therefore, investors need to pay attention to the dynamics of international agricultural products and gain insight into changes, and in this process, the United States Department of Agriculture (USDA) released various reports, as well as the monthly report released by the Malaysian Palm Oil Board (MPOB) in palm oil trading, which provides investors with an important basis for judging market trends. What exactly do you think about the USDA report and the MPOB report? Today, Shenwan will help you draw the key points!
1. USDA Report: Agricultural Markets".Weather vane
What is USDA Reporting?
The U.S. Department of Agriculture (USDA) is a regular in news stories about the economy and agriculture. For agricultural market participants, USDA reports are regularly released by the USDA, which cover not only the production, yield, acreage, import, export, consumption and inventory of various agricultural products, such as soybeans, corn, wheat, cotton and sugar, but also the agricultural production of other countries**, covering all aspects of agricultural supply and demand such as global agricultural production, processing, marketing and demand outlook. The USDA report is not a single report, but a general term for the various reports issued by the USDA. Each release of these reports has a significant impact on the world's agricultural commodities, which is based on the Chicago Board of Trade (CBOT).
Why you should watch:USDA report?
As the world's largest producer and exporter of agricultural products, the United States plays a pivotal role in the world's soybean, corn, wheat, cotton and other crop exports, and the main importer of soybeans in China includes the United States. Therefore, from the cost side, the relevant data changes of U.S. crops will be transmitted to various agricultural product markets through the world, which will have an impact on the market, and the authority of the USDA report will be established. In addition, while there are occasional doubts about the objectivity of the USDA report, there is no substitute for the USDA report because there are no other data reports available worldwide.
3. USDA report** look
Usually, you can go directly to the USDA official website to inquire (**
Click on "agencies" in the drop-down menu of "our agency" on the homepage, and the new page shows that among the various subordinate institutions, the Economic Research Service (ERS) is in the fourth and the National Agricultural Data Service (NASS is in the tenth). Relevant data reports can be found in the "data products", "publications" column or in the direct search bar.
USDA official website).
What to look for in the USDA report?
Because there are many categories of UDSA reports, covering a variety of crops, and different crops have different planting times, growth times, etc., the focus of each report is also different. For example, the USDA weekly crop growth report, April to June report the sowing progress of the United States beans, June to October to report the flowering, podding and growth status of the United States beans (excellent rate), September to November to report the harvest progress of the United States beans, and these reports directly reflect the supply of American beans in the current year, so the relevant data fluctuations will be transmitted to the ** market. In addition, there is a weekly export sales report, which mainly reflects the export sales of U.S. beans, and is also an important data reflecting the supply and demand of U.S. beans.
For novice investors, who have no way to start in the face of scattered data reports, they can pay attention to Shenyin Wanguo** and consult the USDA report after being interpreted by Shenwan Research Institute.
When is the USDA report published?
2. MPOB Report: Palm Oil Market".Guiding lights
What is an MPOB report?
The Malaysian Palm Oil Board (MPOB), which has been the core governing body of the country's oil palm industry since its inception on 1 May 2000, is a merger of the Malaysian Palm Oil Research Institute (PORIM) and the Palm Oil Registration and Licensing Authority (PORLA) to promote the sustainable development of the industry. The MPOB's monthly supply and demand report is an important window into the dynamics of Malaysia's palm oil industry, which discloses key data such as palm oil production, imports, exports, domestic consumption and ending stocks in detail.
2. Why should I read the MPOB report?
The main producers of palm oil are Malaysia and Indonesia, which account for more than 85% of global production, and Malaysia is the world's second largest palm oil producer and the largest palm oil exporter. While Indonesia is also a major producer of palm oil, the report released by the Indonesian Palm Merchants Association (GAPKI) should have the same effect, but its data is relatively lagging behind and is not as influential as the MPOB. China does not produce palm oil, and domestic palm oil is all imported, so domestic palm oil will also be affected by MPOB.
3. MPOB report** look?
Generally, you can directly enter the official website of MPOB for inquiry.
MPOB official website).
In addition to the detailed MPOB report, you can also see the relevant summary table data on the official website, and the key data is more concise.
MPOB official website).
4. What are the key points of the MPOB report?
Before the release of the data, some institutions usually provide guidance to the market based on Malaysia's recent production and export sales,** Malaysia's palm oil related data. Once the MPOB report is published, market participants will compare the data with the actual data. For traders, the most important thing to pay attention to is the difference between the market expectation and the actual published data, that is, the deviation between the probability fluctuation formed by the expectations of all parties in the market and the actual published value, which often provides traders with key information to gain insight into market trends and formulate trading strategies.
Of course, for novice investors, the capture of these key information also needs the help of professional analysts, pay attention to Shenyin Wanguo**, and consult the MPOB report interpreted by Shenwan Research Institute.
5. What is the release time of the MPOB report?
3. UtilizationAgricultural ReportsMake a ** investmentofCritical
Keep an eye on the release schedule
Know when your report will be released and prepare for market analysis in advance. Before and after the release of the report, the market tends to fluctuate to a certain extent, and investors need to pay close attention to the market dynamics and adjust their investment strategies in a timely manner.
Analyze the content of the report
After obtaining the report, investors need to analyze the data in depth. Compare historical data with market expectations, analyze the reasons behind data changes, and the impact these changes may have on the market** to capture market opportunities.
3. Comprehensively consider market information
In addition to the USDA report and MPOB report, investors also need to consider the impact of other factors on agricultural markets, such as the global political and economic environment, climate change, and exchange rate changes, which often interact with the reported data to determine the market trend.
Develop an investment strategy
After a comprehensive analysis of various information, investors need to formulate a reasonable investment strategy according to their own risk tolerance and investment goals, including choosing which agricultural products to invest in, what kind of products to establish, how to set stop-loss and take-profit, etc.
Access to information is always key to investing. The market needs opportunities, but also needs to be calm and professional.
If you want to know more about the detailed interpretation of various ** variety reports, pay attention to Shenyin Wanguo**, and read more timely and professional industry reports and analysis conclusions, so as to make investment more convenient!