On the one hand, due to the reduction of soybean planting area in China, the supply of soybeans has decreased and the price has increased; On the other hand, due to the changes in the international trade situation, the price of imported soybeans fluctuates, which also affects the domestic soybean price.
In Heilongjiang Province, soybean prices in different regions are also different. For example, soybean prices in some major producing areas are relatively high, while soybean prices in some non-major producing areas are relatively low. In addition, the price of different quality soybeans is also different, and usually the price of high-quality soybeans is higher.
For the market, the fluctuation of soybean price in Heilongjiang Province will also be affected by the relationship between market supply and demand. If market demand increases and supply decreases, soybean prices will rise. On the contrary, if market demand decreases and supply increases, soybean prices will fall.
In a word, the latest soybean price in Heilongjiang Province showed a volatile upward trend. For growers, we should pay attention to market dynamics and arrange planting and sales plans reasonably; For consumers, it is necessary to pay attention to the changes in market prices and arrange their own purchase plans reasonably.
Influencing factors of soybean price
1, substitute product price
Chicago Board of Trade soybean price is lower, domestic soybean competition is not dominant, and it will be replaced by imported soybean. When it is necessary to import a large amount of soybeans from other countries, it will also affect the domestic soybean price.
2. Supply and demand
The relationship between supply and demand is also closely related to futures prices, especially spot market prices, but the futures market trend affected by this is not particularly significant.
3. Natural disasters
Natural factors (including climate, environment and natural disasters, etc. ) may affect the output of agricultural products, reduce market supply, lead to an increase in spot soybean prices, and futures prices will also change accordingly.