Recently, the soybean futures price in Chicago hit for more than six years due to various factors, because the rainfall hindered the harvest of major soybean producing countries and the dry weather threatened the growth of Argentina. As of Friday, the Chicago Mercantile Exchange soybean contract was $14.1325 per bushel. What is the reason behind the soybean price? What changes have taken place in the global soybean supply market?

this week, the main soybean contract for trade exchange in Chicago, USA was as high as $14.6, and it had the highest soybean contract in June 214. Soybean prices did not suddenly appear. Since the second half of last year, the price of Zhishou soybean futures has entered the channel. In June, the price was less than $9 per bushel, and it rose to $13 at the end of this year. This year's soybean price has remained efficient.

As the main countries of soybean and export in the world, the soybean output of the United States, Brazil and Argentina often affects the price trend of soybean in the international market. According to the report released by the US Department of Agriculture, the US soybean production was 413.5 million pu, about 112.55 million tons, which was lower than the market expectation, and the promotional ship futures rose sharply.

American soybean farmers: In February, the price exceeded 13 bushels, which was very attractive. The price of soybeans sold in 22 is 9 dollars, because no one can increase the price. If you still have soybeans, the price above 13 dollars is really great.

American soybean is a year, and January is the season of American soybean sales and export. The US Department of Agriculture released a crop on the 1th of this month, and the strong export demand led to a further decline in the US soybean stock market. In March, the final stock of American soybeans was estimated to be 3.26 million tons, and the apartment in February was the lowest price since 213. After the introduction in summer, the supply of soybeans in the United States may have been exhausted, and analysts predict that the expected soybean period in the United States may only meet the requirements of 9.5 days.

Virginia Misic, director of McKenzie, Chicago, USA: It is worth noting that soybean exporting countries sell 98% of soybeans, but they still have new soybeans.