What is the regularity of soybean price since 2000?
From 2000 to now, soybean prices have shown certain regularity. Generally speaking, soybean prices showed an obvious upward trend. Specifically, during 2000-2007, the supply and demand situation of soybean market was relatively stable and the price performance was good. However, after 2007, soybean prices began to show a slow upward trend, and rose year by year from 2009 to 20 13, reaching an all-time high. During the period of 20 14 -20 18, the soybean price fluctuated due to weather and other factors, but it still showed an upward trend. In 2020, with the gradual recovery of imported soybeans in China, the price of soybeans has declined, but the overall price is still at a high level. There are many reasons for the increase in soybean prices, mainly including the following three aspects. 1. Relationship between supply and demand: Increasing demand and decreasing supply are one of the main factors affecting soybean prices. With the improvement of people's health awareness, the demand for soybeans in animal feed and food processing is increasing year by year. The global soybean production is relatively fixed, and the planting area is decreasing year by year, which will lead to insufficient supply and rising prices. 2. External factors: Soybean prices are also affected by external factors, such as weather, political factors and commodity market conditions. For example, during the period of 20 12 -20 13, the soybean production in the United States dropped sharply due to the weather drought, which pushed up the global soybean price. 3. Exchange rate impact: As soybeans are international trade commodities, exchange rate fluctuations in the foreign exchange market will also have an impact on soybean prices. If the domestic currency depreciates, the domestic soybean export price will become more competitive, which can push the soybean price up. Generally speaking, the rising trend of soybean price is the result of many factors. For farmers, they can grasp the market situation, understand the supply and demand of soybeans and other factors, and take corresponding strategies to get more profits in the market.