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The quality of Russian soybeans is not as good as that of American soybeans. Why is the price higher than American soybeans?

Published: 2024-11-08 Author: mysheen
Last Updated: 2024/11/08, Abstract: what is the advantage of Russian soybeans? why is the price higher than that of American soybeans? About the planting situation of Russian soybean science Xingnong has made a relevant introduction, its quality and price are compared with the United States, Brazil, Argentina and other soybeans.

Abstract: what is the advantage of Russian soybeans? why is the price higher than that of American soybeans?

The planting situation of Russian soybean has been introduced by Science Xingnong, and its quality and price do not have any advantages compared with the United States, Brazil, Argentina and other soybeans. The reason is that the planting cost of Russian soybeans is high, and the price of imported soybeans from Russia is basically the same as that of native soybeans in China, so China has not been able to import too many soybeans from Russia.

On the one hand, the total soybean output in Russia is very low! According to statistics, Russia's total soybean output in 2017 was 3.6 million tons! Are you surprised? In a country with a vast territory, the soybean output is only 1/3 of that of our country. In addition to meeting domestic demand, Russian soybeans are also exported, and most of these soybeans are exported to China. Last year, China imported 500000 tons of soybeans from Russia. From the point of view of volume, the amount of imports is really a drop in the bucket for our country, and it seems powerless to alleviate the problem of soybean supply in our country.

Russian soybean cultivation is concentrated in the far East. From the geographical latitude, it is higher than the northeast region of China, the weather is also relatively colder, and the planting conditions are also relatively more difficult. Although Russia has a vast area, but the overall soybean planting area is not large, coupled with the cold weather, the climate is not very suitable for soybean cultivation, and the yield and quality are relatively different from those of international soybeans. But for Russian soybeans, the only advantage at present may be that they are non-GM.

On the other hand, the price of Russian soybeans is relatively high. Judging from the current international soybean price, the CIF price of soybeans from the three major soybean producing countries of the United States, Argentina and Brazil is basically maintained at 3200 yuan per ton, which is still much lower than the price of 3400-3600 yuan per ton of domestic soybeans in China. However, let's take a look at the soybean price in Russia, which is basically maintained at 3300-3500 yuan per ton. Compared with China's native soybeans, it basically does not have a strong price advantage, or even no price advantage.

When soybean processing enterprises purchase soybeans, I am afraid that no person in charge of the enterprise will give up cheap soybeans and be paranoid about importing Russian soybeans. After all, in the current profit-oriented era, price advantage also means competitive advantage. And Russian soybeans can not meet the demand of Chinese soybeans. For example, the main use of imported soybeans in China is to extract oil. However, according to the actual situation, the oil production rate of Russian soybeans is not high, at least relative to the three major soybean exporters.

To sum up, due to the relatively limited production capacity of Russian soybeans, China is unable to import more soybeans, and because the output of Russian soybeans is relatively low and the planting cost is high, it can also be said that the planting environment of Russian soybeans is similar to that of China, and the natural price does not have much advantage compared with Chinese soybeans, although Russian soybeans are relatively cheaper than Chinese soybeans as a whole. But with the addition of transportation, tariffs, labor and other costs, the price is much higher.

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