Industry point of view: new early rice listing acquisition shows caution
The acquisition of new early rice on the market shows caution at present, the new season early indica rice in southern China has been fully listed, and the purchase prices of third-class early indica rice produced in 2015 are currently lower than the lowest protection price of early indica rice in China in 2015. The main body of the acquisition is grain depot acquisition, and small and medium-sized processing enterprises are more cautious in purchasing high-quality early indica rice because of the serious phenomenon of "strong rice and weak rice". Mainly in order to meet their own processing volume before the listing of mid-season indica rice in the new season. With the new season early indica rice on the market and the new season medium indica rice on the market soon, the supply of raw grain in the market is more relaxed, coupled with the fact that all kinds of main bodies are busy buying new grain, the auction market is slightly deserted.
The demand for soybean meal will be restrained in the future. from the point of view of the growth factors of protein demand in China, before 2000, the demand for livestock products such as meat, eggs and milk maintained double-digit growth, which led to the continuous expansion of livestock and poultry breeding. the demand for protein feed increases rapidly. Since then, the demand growth rate of meat, eggs, milk and other animal products began to slow down, the overall demand for protein feed slowed down, but the differences between varieties began to show. The amount of soybean meal as the main protein raw material formula continues to increase, and the demand growth rate is still strong. Under the premise that the total protein demand slows down and the formula substitution space decreases, the demand growth of soybean meal will also be restrained in the future.
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