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The Impact of Rising Soybean Futures in the United States on China
Promote domestic soybean prices and increase import costs.

1. Pushing up the domestic soybean price: The United States is a big soybean producer, and the increase in its soybean futures price will drive up the global soybean price, which in turn will push up the domestic soybean price.

2. Increase the import cost: China is a big soybean importer, and the rising soybean futures price in the United States will increase the cost of importing soybeans in China, thus pushing up the domestic soybean market price.