1. Due to Russian experience, China is taking preventive measures to prevent food security. Varieties with a large proportion of imports must be adjusted and replaced to increase supply sources and reduce demand!
2. Affected by the Russian-Ukrainian war and extreme climate (abnormal drought in the United States, Europe and China, floods in India and Pakistan). Global grain production is expected to decrease, and the reduction rate is relatively large. The global food supply is tight, so it is necessary to fully guarantee the rations of China people.
In addition, why do you think it is necessary to implement the soybean meal reduction substitution plan? Of course, it is for food security, but there are also reasons to hedge the international soybean price increase. In 2020, China's soybean import reached its peak, exceeding 654.38 billion tons. In 20021year, with the efforts of all parties, the import volume decreased slightly, reaching 965 1 10,000 tons. But at the same time, prices have risen sharply. In 2020, it spent $39.5 billion to import soybeans, and in 20021year, it spent $53.5 billion, a full increase of1400 million, up by 35%, and even less things were bought. At the same time, the import of edible vegetable oil increased from 9.83 million tons in 2020 to 202 1 year 1039 million tons, but the import amount also increased significantly, from 7.4 billion US dollars to 109 billion US dollars, and also increased by13. Foreigners are willing to raise prices, and the international pricing power is not in our hands. We must find ways to reduce our dependence, otherwise it will be expensive to eat meat in the future!
Summary: Reduce dependence on imported soybeans and ensure food security. It is beneficial to planting, especially soybean meal replacement products, which may have a bad influence on feed enterprises. For the futures market, agricultural products should not be bearish, and the overall pattern is mainly bargain hunting. In the short term, corn, soybean meal, peanuts and pigs are all obvious bullish trends! It is of great significance to do a good job of reducing and replacing soybean meal, which can not only avoid the risk of importing a large number of soybeans, but also improve the quality of meat food.