But even so, the planting benefit of soybean is still very limited, and there will be an obvious gap with the planting benefit of corn. Moreover, due to the low yield per mu, high production cost and small market space of domestic soybeans in China, the planting area and final yield scale of soybeans will not fluctuate too much. After all, the market demand for corn in China is much higher than that for soybeans, and ensuring the domestic corn output to remain high and stable is doomed to the fact that the self-sufficiency rate of soybeans will not be too high.
With the increase in soybean prices, farmers' willingness to plant will definitely increase.
To tell the truth, soybean, as the fifth largest grain crop and the largest oil crop in China, is the main composition and economic source of many farmers' friends. For them, it is natural that the higher the price, the better. If the price increase is accompanied by the increase in planting income, it can also obviously boost farmers' enthusiasm for planting.
Therefore, frankly speaking, if the soybean market price can soar by more than half from the current 1.8 yuan to 3 yuan, it will be a great good thing for soybean farmers, which means the increase of per mu income and boost their planting enthusiasm to some extent. After all, for ordinary people, under the condition of fixed grain output, if they want to make more money through farming, they can only start with raising food prices.
The domestic soybean planting benefit advantage is not great.
It is understood that the average yield per mu of domestic soybeans in China is about 1.20 kg, or about 240 kg. In the dominant soybean producing areas in Northeast China or North China, the yield per mu may increase to more than 1.50 kg, but even so, assuming the market price reaches 3 yuan per kg, the average yield per mu is not higher than that in 900 yuan, which is not a considerable price as a whole. However, in terms of planting scale, final yield, gross yield per mu and final benefit, domestic soybeans seem to be completely backward.
According to the overall data of last year, the average yield per mu of corn in China reached about 820kg. Based on the average price of 0.9 yuan per catty, the average output value per mu was about 738 yuan. The yield per mu of corn in Northeast China is higher, but the price is lower, but the overall output value per mu is around 900 yuan. At the same time, if we look at the average yield per mu and market price performance of domestic soybeans, only 500 yuan can't do it. In Northeast China, the market price of soybean is generally around 1.7 yuan per catty. If the yield per mu is 300 kilograms, it will be more than 500 yuan. Therefore, in recent years, soybean planting in Northeast China has been maintained purely by state subsidies to growers.