soybean collectionPurchase price increases to well below the price of wheat

Reporter was informed that the end of domestic soybean shouchu policy will be formally introduced, the market is expected to offer $ 2.02/kg, compared with 1.9 Yuan/kg increase since 2008, with the current market price. Analysts pointed out that the State reserve policy for soybean prices boosted limited. China's soybean production continued to decline in recent years, this is one of the main reasons, soybean collectionPurchase price increases to well below the price of wheat, corn, rice and other crops increases, resulting in a significant drop in enthusiasm for farmers to plant soybeans. In recent years since the country several times raised the minimum purchase price for wheat and other staple food, but the price has not adjusted accordingly. Related links: Northern Futures: soybean comments today on November 25, Dalian bean futures fell, while main soybean contract 1209 per cent to 4,209, compared to the previous day 36, bean is flat to the previous session. CBOT soybean yesterday were closed because of Thanksgiving day. Rating agencies downgrade parts of Europe but the market's credit rating, which allows the dollar to gain a certain amount of support. Commodity downward pressure remains. Dalian Friday soy market weakness continues, distinctly smaller than the decline in the previousTrading slowed. Early soybean meal market declined more than deep slightly stronger, soya-bean oil and soybean marketplace continues to record low. Domestic soybean market swtor power leveling, traders provided purchasing soybeans have been losses, prices dragged down international soybean market fell further purchases were not enthusiastic. From a technical point of view, under the A1209 contract renewed discussion and support of 4,200, below the space is not empty single caution, Trends of soybean meal and soybean oil is entirely depends on CBOT soybean.