Macro return to calm Soybean meal short-term maintenance shock

last night, the U.Sbean continued a narrow swing trend, the market lack of clear direction guidance, before the U.SDepartment of Agriculture released the end-of-season inventory report and planting report, the capital side has chosen to wait and see, no longer like the earlier this month in the report before the aggressive bet-style bullishFrom the graph, the recent continuation of the U.Sbean 11 contract is subject to the pressure of the five-day line, the upward difficulty is greater, but at the same time we see three consecutive trading days of bottom-up, indicating that the market downward momentum is equally lacking, the market will continue the volatility trendIt is expected that the top will remain at the 1275-1300 line in the near futureFundamentally, according to pre-report market research, soybean planting is likely to reach 77.9 million acres, up from an official estimate of 77.1 million acres in March, as a result of corn abandonmentOverall, short-term U.Sbeans are dominated by volatile trendsJ9e
Due to the serious differentiation of domestic oil refining trend, resulting in further decline in oil refinery press profits, while we see that the United States new soybean price advantage is still obviousJ9e
Yesterday, despite the sharp decline in futures, but the spot market performance is strong, in addition to the price of meals remained stable, and even vegetable meal continued to rise, oil spot also fight against falling, palm oil only a small local reduction in prices, soybean oil ups and downsThe transaction is better, the oil class in the period drag down the performance of the general, the middle and lower links waiting for Friday's report, the mood is more cautiousJ9e
　　Yesterday's internal market prices rise and fall, the class continued to maintain a strong, basic ally closing up, and the oil class failed to continue the previous day's strong, soybean cabbage three oils have come out of the recent new lows, accompanied by increased positions At present, the capital structure began to stand side by side with concentration, oil speculation short relatively strong, while the meal category is the opposite, is expected to be arbitrage capital structure appear The weak oil of the slug oil is continued J9e
　　In the short term, the U.S bean trend has lost its direction, and the market has remained weak, awaiting a new quarter of USDA inventory and planting reports In China, the systemic risk speculation in financial markets has waned Investors are advised to stay on the sidelines and avoid risks until the report is published J9e
　　Operation advice, soybean meal empty single off the scene, wait and see J9e
　　The vegetable meal empty single rely on 2250 hold; J9e
　　Soybean oil 1401 more single leave, wait and see J9e last night until the U.S beans continued a narrow trend of volatility, the market lack of clear direction guidance, before the U.S Department of Agriculture released the end-of-season inventory report and planting report, the fund side has chosen to wait and see, no longer like the earlier month in the report before the aggressive bet-style bullish From the graph, the recent continuation of the U.S bean 11 contract is subject to the pressure of the five-day line, the upward difficulty is greater, but at the same time we see three consecutive trading days of bottom-up, indicating that the market downward momentum is equally lacking, the market will continue the volatility trend It is expected that the top will remain at the 1275-1300 line in the near future Fundamentally, according to pre-report market research, soybean planting is likely to reach 77.9 million acres, up from an official estimate of 77.1 million acres in March, as a result of corn abandonment Overall, short-term U.S beans are dominated by volatile trends J9e
　　Due to the serious differentiation of domestic oil refining trend, resulting in further decline in oil refinery press profits, while we see that the United States new soybean price advantage is still obvious J9e
　　Yesterday, despite the sharp decline in futures, but the spot market performance is strong, in addition to the price of meals remained stable, and even vegetable meal continued to rise, oil spot also fight against falling, palm oil only a small local reduction in prices, soybean oil ups and downs The transaction is better, the oil class in the period drag down the performance of the general, the middle and lower links waiting for Friday's report, the mood is more cautious J9e
　　Yesterday's internal market prices rise and fall, the class continued to maintain a strong, basic ally closing up, and the oil class failed to continue the previous day's strong, soybean cabbage three oils have come out of the recent new lows, accompanied by increased positions At present, the capital structure began to stand side by side with concentration, oil speculation short relatively strong, while the meal category is the opposite, is expected to be arbitrage capital structure appear The weak oil of the slug oil is continued J9e
　　In the short term, the U.S bean trend has lost its direction, and the market has remained weak, awaiting a new quarter of USDA inventory and planting reports In China, the systemic risk speculation in financial markets has waned Investors are advised to stay on the sidelines and avoid risks until the report is published J9e
　　Operation advice, soybean meal empty single off the scene, wait and see J9e
　　The vegetable meal empty single rely on 2250 hold; J9e
　　Soybean oil 1401 more single leave, wait and see J9e