bestcrashbandicootgame| Everbright Futures: April 26 Agricultural Products Daily

Protein meal:

On Thursday, CBOT soybeans fell as the market focused on South America.BestcrashbandicootgameExport competition pressure and weak export sales data. Anec expects Brazilian soybean exports to reach 13.48 million tons in April, down from the previous estimate of 1374. However, Brazilian soybeans are cheaper than American beans. Rain may affect sowing in the Midwest on Friday. Meidou export data is weak, weekly net sales 22.Bestcrashbandicootgame.710000 tons, lower than the market expectation of 30-900000 tons. Domestically, the futures price of soybean meal is strong and volatile, and the spot price falls slightly. Soybean meal has been in stock for three weeks in a row, and the spot supply is becoming more and more relaxed. The spot transaction slows down, the inventory rises, the basis falls the pressure to increase, may choose the machine month anti-hedging to participate. Soybean meal unilaterally maintains interval concussion.

Grease:

BMD palm oil fell on Thursday, weighed down by technology selling. Add rapeseed back down, follow the surrounding market back down. Canada's drought supports prices, but weak export demand weighs on sentiment. The Malaysian government has urged small oil palm farmers to replant old oil palm trees to maintain the productivity of the country's oil palm industry. Domestically, oil futures fell, and palm oil led the market down. The international market is weakening and domestic costs are expected to fall. At the same time, as the import profits of soybean, rapeseed, rapeseed oil and palm oil are better, and increase the long-term supply pressure, oil accumulation is just around the corner. In addition, with the approach of May Day, the margin will be raised, and the risk aversion of funds will be strong. On the operation, the oil spot basis difference falls the pressure is big, the month anti-set train of thought, the unilateral intra-day train of thought.

Live pigs:

On Thursday, pig prices fell under pressure, and positions in LH2409, the main contract for live pig futures, fell, and pig prices fell 1.66 per cent in September as the price range of funds fell. The contract fell in September at the beginning of the week, driving forward contracts to follow the adjustment, and the pig market is near strong and far weak. Spot market, Henan pig market column average price of 15.15 yuan / kg, less volatile than yesterday. The price of 120-130 kg of well-bred pigs in the local farm is 15.10-15.40 yuan / kg, the price of improved-bred pigs of small and medium-sized farmers is 15.00-15.20 yuan / kg, the low price is 14.80 yuan / kg, and the market price of 140-160 kg big pigs is 14.80-15.00 yuan / kg. Downstream slaughtering enterprise social farm improved breed standard pig mainstream purchase price is about 15.00 yuan / kg, each weighs about 120 kg. It is worth noting that at present, some southern provinces are affected by heavy rainfall, and the market is worried that pig disease will increase and farmers will sell after May Day, which to a certain extent aggravates the price adjustment of forward contracts. Technically, pig weighted contracts held 148700 hands, compared with the recent high of 170000 positions, positions decreased, funds reduced, increasing the risk of price adjustment. In terms of news, there are differences in the data of breeding sows in March, the short-term prices are anxious, and the short-term prices are volatile.

Eggs:

On Thursday, the spot price of eggs was generally stable, and futures fluctuated slightly. The daily closing price of the main 2409 contract fell 0.21% to 3836 yuan / 500kg, while the main contract continued to fluctuate in the range. The 2405 contract closed down 0.51% at 2942 yuan / 500kg. Zhuochuang data show that yesterday the national egg price 3.29 yuan / jin, month-on-month flat. Among them, Ningjin pink shell eggs 3.2 yuan / jin, Montenegro market brown shell eggs 3.2 yuan / jin, month-on-month level; in the sales area, Puxi brown shell eggs 3.42 yuan / jin, month-on-month level, Guangzhou market brown shell eggs 3.53 yuan / jin, down 0.05 yuan / jin. The terminal market demand is limited, the downstream link is not happy to get rid of inventory, generally go with the sale. However, due to the slight decrease in the volume of goods in the market in the sales area, the supply and demand of the egg market is relatively stable, and the egg price is volatile. The elimination of old hens increased month-on-month for four consecutive weeks. According to the historical supplementary column data, the month-on-month ratio of new laying hens decreased in April, and the supply supported the egg price. As May Day approaches, holiday demand may give a boost to terminal demand. However, from the perspective of futures market performance, it still shows the performance of interval concussion at the bottom. It is suggested that short-term operations should be treated as interval ideas, and medium-and long-term operations can be participated by bulls. While paying attention to the column data announced by Zhuochuang next week, pay attention to the terminal demand during the May Day holiday.

Corn:

This week, corn continued to shock, the main 2409 contract closed basically flat for a week. Spot corn prices are mixed, traders' price-raising mentality is insufficient, and price shocks are stable. Farmers' spring ploughing and spring sowing began one after another, the quantity at the grass-roots level was less than that in the previous period, the mood of traders to cherish sales at low prices still remained, and goods were not sold quickly in the market. Yesterday, Shandong deep processing enterprises in front of the car volume continued to maintain a high level, most of Shandong deep processing enterprises corn prices down. The amount of corn in Hebei has also gradually increased, and the prices of some enterprises have declined narrowly. Henan Province deep processing goods in general, prices continue to rise, but the grass-roots level is less willing to go up. Recently, the circulation of local grain sources in North China has accelerated, while Henan and Hebei grain sources continue to supply Shandong. Yesterday, the market price of corn in the sales area was running smoothly. The port quotation is stable, the transaction is relatively insipid, mainly order delivery, spot procurement and sales activities are less. Inland market prices are stable, there are Shanxi, Henan grain circulation, northeast grain attention is flat, feed enterprises pre-festival procurement enthusiasm is not high, a small amount of supplementary mining. Technically, the corn May contract fluctuates around the 2380 yuan integer mark, the main 2407 contract is subject to moving average suppression, and the futures price is under pressure. In terms of arbitrage, pay attention to the opportunity to buy 9 and sell 1.