Weather risk in the form of exceeding market expectations, soybean meal market outlook?

Golden Ten Futures, May 7th, Guantong Futures Research Report pointed out that < br > 1. Abroad, the last stage of soybean harvest in Rio Grande do Sul, Brazil has been disrupted, and the continuous heavy rainfall has caused a lot of damage and losses. Nearly a quarter of soybeans in the state have not yet been harvested, which is expected to have an adverse impact on about 5 million tons of soybeans that have not yet been harvested. After a short pause, the rain will come back over the weekend. Overall, < b > weather risk has shown in the form of exceeding market expectations, and the specific loss still depends on the situation. It is expected to support the strong operation of CBOT soybeans. < br > 2. Domestically, the supply and demand of soybean meal is marginal loose, but the contradiction is not strong. The tension on the raw material end has eased, and the follow-up is still faced with the concentration of soybeans in the port, and the oil plants maintain a high supply level. In terms of demand, under the active fattening of piglets in the early stage and the lower-than-expected reproduction and removal, or even the rebound, the demand on the breeding end is still strong. < br > 3. From the perspective of the disk, the main force of soybean meal follows the strong operation of American beans. Under the support of the raw material end and domestic demand, there are more ideas in the short-term.