How is the soybean harvest this year?

In a word, not good

According to information provided by relevant parties, the soybean harvest has begun and the market price has dropped.

At present, the soybean harvest in Anhui and Henan has basically ended. The soybean harvest in Shandong and Hebei has exceeded 90%. Most of the soybean harvest in Jilin, Liaoning and Inner Mongolia has exceeded 80%. Heilong

The soybean harvest area in Heilongjiang has exceeded 60%.

The quality of soybeans this year is better, and the oil yield of soybeans in Shandong and Anhui can basically reach

15--16%.

But the moisture content of newly harvested soybeans is somewhat high.

The purchase price of newly produced soybeans in Anhui is 0.96 yuan/catty (1,920 yuan/ton).

The purchase price in Henan is 1-2 higher than that in Anhui. Cent/jin is 0.97-0.98

yuan/jin (1940-1960 yuan/ton). The purchase price of soybeans in Shandong is around 2,000 yuan/ton.

The moisture content and oil yield of these newly produced soybeans are both 15-

16%, but there are relatively few products. The purchase price of soybeans in Heilongjiang is still maintained at the level of 0.87 yuan/jin. Since large-scale listings have not yet come, farmers are reluctant to sell, and oil companies are afraid to make rash purchases even as the prices of soybean meal and soybean oil are falling.

In the domestic market, the backlog of soybeans at ports was very serious in August and September, which inhibited the rise in domestic

soybean market prices. Sources indicate that the backlog at Shandong Port is 420,000 tons. , the evacuation speed

is very slow. In late September, new soybeans from Henan and Anhui were harvested first, and real estate soybeans from Shandong also began to be harvested and put on the market. Northeast soybeans will be put on the market in large quantities in October, which will directly lead to the supply of raw materials. Sufficient, and after domestic crushing companies have experienced the peak crushing period in July, August and August, demand for soybeans will decrease.

Under the pressure of realizing cash, farmers will speed up the pace of soybean listing.

The short-term contradiction between supply and demand has created huge pressure for soybean prices to rise. In addition, considering that the issued palm oil quota of 600,000 tons must be used up before the end of the year, and the recent increase in rapeseed imports, domestic soybean prices will rebound before the end of the year. There are many obstacles.

Imported soybeans in North China fell by 30-80 yuan/ton compared with the previous month. Dalian, Shandong and Tianjin were basically around 2,050 yuan/ton, and the transaction prices at ports in East China were mostly around 2150

RMB, basically the same as the previous ten days.

In the international market, the smooth progress of the U.S. soybean harvest is the main reason for the decline in soybean prices.

The United States Department of Agriculture (USDA) said on October 10 that 58% of U.S. soybeans have been harvested, which is higher than the five-year average of

41%. The monthly crop report released by the USDA on October 12 estimated that the U.S. soybean production in 2000 was 2.823 billion bushels (76.5 million tons), and the export volume was 965 million bushels ( (totaling 26.16 million tons), ending stocks are still estimated at 365 million bushels (totaling 9.89 million tons), and soybean crushing volume is 1.615 billion bushels (totaling 43.77 million tons) ). USDA estimates that Brazil's soybean production in 2000/01 is 33.5 million tons, and its export volume is 9.9 million tons; Argentina's soybean production is estimated to be 22.6 million tons, and its export volume is 4.4 million tons;

China's soybean imports The volume is 7.25 million tons.