Soybean meal is one of the main buying varieties in China's major agricultural futures market. As a by-product of soybean, the price of soybean meal has a great influence on the price of soybean. In addition, soybean meal is generally used for livestock and poultry feed, so the fluctuation of soybean meal price will have a great impact on livestock and poultry breeding. Investors can grasp the change of soybean meal price by paying attention to domestic and foreign soybean production, import, soybean meal supply and demand and other factors, so as to make the best investment decision.
As the second largest grain crop in China, corn is also one of the main trading varieties in the domestic agricultural futures market. Changes in corn prices affect the prices of wheat, soybeans and other food crops. In addition, corn is an important raw material for industrial products such as feed and alcohol, and its price fluctuation will have a far-reaching impact on related industries. Investors should have a long-term investment concept and grasp the key factors such as changes in corn supply and demand, climate factors and policy influences when trading futures, so as to obtain considerable returns.