Into July, the State Reserve soybean acquisition has been fully came to a close. According to Heilongjiang Grain Bureau data show that the province as of June 23 policy soybean storage 5.08 billion kg has been acquired, accounting for planned targets of 91.86%, soybean farmers just over 250 million kilograms (25 tons). State Reserve bought soybean producing original intention was to solve the majority of farmers, "Mizu difficult" issue, and because a large number of domestic soybeans into the country reservoirs, resulting in domestic soybean supply shortage, in turn forcing a large area producing oil plant shutdown. At the same time, the question of Heilongjiang soybean industry is still in the continuation of the crisis, it is im...
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Soybean market supply and demand tight control of the overall rise - soybeans, soybean meal - Food Industry
In the United States Department of Agriculture planting intentions report, after the hope of smashing the short, CBOT soybean futures welcome as long as six weeks old up trend. By China's enormous appetite for promotion of U.S. soybeans, and Argentina is expected to decline in supply, the market that the U.S. soybean supply in August hit a five-year low before possible. Carry-over stocks for the old tension continues to drive the market's bullish forecast tone, CBOT soybean futures rose to six-month high at present, however, the existence of price momentum continues to climb? January High-point rise in the market, "stumbling block" or a new journey to open a "stepping stone"?
