First of all, you must understand this problem. After all, a foreign handicap is a foreign handicap. Although the pricing power of soybean meal is generally in CBOT, China's own market has its own characteristics and differences. I'll just say two points.

One: Compared with foreign countries, they don't have the minimum purchase price of agricultural products, which is very important. What is the minimum purchase price of agricultural products? What he means is that the government is trying to reduce the possibility of farmers losing money in the face of market risks. For example, with the bumper harvest of beans this year, the prices of bean-related products will definitely fall. However, after all, China's national conditions determine that farmers can't lose money, so there is a minimum purchase price for agricultural products, which will change with the annual changes. This year seems to be much higher than previous years. )

Our market structure is different from that of foreign countries. As we all know, the United States is recognized as a grain exporter all over the world. This is also because its centralized production and mechanized production make its quality relatively consistent and high, but our country is different, so our country's market is still different from foreign markets.