When it comes to soybean meal, I believe many people may be unfamiliar, but when it comes to pig feed, everyone will be familiar with it. This kind of soybean meal is the most important part of pig feed, so its price directly determines the price of pig feed. Previously, soybean meal prices were relatively stable. This time it experienced a long-lost surge, which also led to a sharp rise in the market value of soybean meal in the stock market. This increase is mainly due to the weather. The drought in Argentina, the main soybean producer, has led to a sharp drop in soybean production, and the United States may also be affected by the weather.

First, the long-lost surge in soybean meal is due to the serious disaster in Argentina, the main soybean producing country.

As we all know, China is a big grain producer, but the crops produced in China are mainly rice, wheat and corn, and soybeans are produced in Argentina, the United States and other countries. The main reason for the surge of soybean meal is that Argentina, the main soybean producer, suffered from severe drought, so the soybean output dropped sharply, which led to the increase of soybean meal price.

Second, because the United States may also be affected by La Nina weather, soybean production will decline.

Another reason for the increase in soybean meal is that according to the detection of the Meteorological Bureau, the United States may be affected by La Nina weather, which will keep the local area in a high temperature state, and soybean production will naturally be reduced due to lack of water. Because this situation has been predicted, the price of soybean meal has risen a lot.

Third, the price of soybean meal is related to whether the cost of many industries increases, and the prices of some aquatic products and animals may rise in the second half of the year.

Soybean meal is not only an important raw material for producing pig feed, but also a raw material for some aquatic products and animal foods, so its price has gone up, and the price of these things may go up in the second half of the year. Bian Xiao hopes that this will not happen, otherwise the price will definitely rise again.