Before the introduction of the soybean target price subsidy policy, the first batch of state-owned soybeans were listed for auction on May 13, and the transaction was in good condition, and the transaction price also reached a new high. Two trading days after the introduction of the New Deal, soybean futures prices continued to rise. The spot market is also "rising". Farmers are busy sowing and selling grain, most oil plants in the producing areas are in a state of suspension, and the overall purchase and sale are in a state of stagnation. The annual processing capacity of soybeans in our city is about 6,543,800 tons. Last year, the five cities planted 7.88 million mu of soybeans with an output of 520,000 tons. The tight supply is also one of the main reasons for the price increase.

The National Development and Reform Commission (NDRC) announced on May 17 that the target soybean price in 20 14 was 4,800 yuan/ton, which was jointly issued by the NDRC, the Ministry of Finance and the Ministry of Agriculture according to the requirements of the No.1 Document of the Central Committee this year to start the pilot reform of soybean target price in Northeast China and Inner Mongolia. Compared with the purchasing and storage price of 4600 yuan/ton of 20 13/20 14 in 200 yuan, the planting income of soybeans is still lower than that of corn and rice, which is lower than the market expectation. Soybean is one of the main food crops in China, which can be used for residents' staple food consumption and is also an important raw material for edible oil processing. Judging from the nutritional value and consumption structure of soybean, its grain function is much higher than that of corn. The state should also increase the price ratio of soybeans to corn and rice.

With the introduction of the target price policy, the temporary storage and purchase policy of soybeans in our city has ended for six consecutive years. However, the domestic temporary storage and purchase policy of soybeans for many years has not stimulated farmers to plant more soybeans, but has led to the continuous shrinkage of the domestic soybean industry. State-owned grain depots have certain influence on the target price setting. The cancellation of policy acquisition led to the reduction of grain stocks. Grain enterprises operate at market prices, and a rising tide lifts all boats. Moreover, the soybean business volume is small, and oil processing enterprises have been in a recession in recent years. One of the six major oil plants in the city has withdrawn and four have stopped production. One boss went to the rice producing area to process rice bran and the other to process wheat. It is suggested to expand soybean planting area.