Poor physical demand careful chase Soybean
* author: * Published: 2011-04-14 15:26:55 * Browse: 1652
China's soybean acreage in 2011 is expected to have fallen sharply, raising the cost of farmers to plant beans and oil mill press has been the continued loss of such factors as the importance of resilience in the domestic market, the power pulses, but in the absence of rebound in the domestic spot with the support of U.S. beans, domestic beans futures Rebound height of the market is still limited.
Reverse the decline in U.S. soybean acreage market weakness
March 31, the U.S. Department of Agriculture released the main agricultural products (000061) acreage intentions report, U.S. soybean acreage in 2011 was 76.6 million acres, down 1%, than the United States Department of Agriculture Outlook Forum in February estimated 1.4 million acres of low value . International prices of major agricultural products in 2010 rose sharply, the U.S. soybean and corn, cotton and other crops competing for the Bijiaxiaoying significantly lower among the new season led to the main reason for decline in U.S. soybean area. Although the 76.6 million acres of U.S. soybean acreage is expected to the third level in history, but in recent years, little change in U.S. soybean yields, and the trend continued to increase in soybean demand, coupled with weather factors during the soybean growing uncertainty, the United States Soybean acreage will decline to increase the probability of decline, the market price of soybeans is also expected to raise so.
Reverse the decline in U.S. soybean acreage market weakness
March 31, the U.S. Department of Agriculture released the main agricultural products (000061) acreage intentions report, U.S. soybean acreage in 2011 was 76.6 million acres, down 1%, than the United States Department of Agriculture Outlook Forum in February estimated 1.4 million acres of low value . International prices of major agricultural products in 2010 rose sharply, the U.S. soybean and corn, cotton and other crops competing for the Bijiaxiaoying significantly lower among the new season led to the main reason for decline in U.S. soybean area. Although the 76.6 million acres of U.S. soybean acreage is expected to the third level in history, but in recent years, little change in U.S. soybean yields, and the trend continued to increase in soybean demand, coupled with weather factors during the soybean growing uncertainty, the United States Soybean acreage will decline to increase the probability of decline, the market price of soybeans is also expected to raise so.
