The price of soybean in China has been rising, which has brought a lot of benefits to farmers in soybean planting industry. They are very happy about the price increase. But for our consumers, the rise of soybean may have a certain impact on our life and economic development, so the price fluctuation caused by an item will involve many aspects, no matter which aspect, good or bad is considered from different angles. The price level is influenced by many factors. The increase of soybean price this time is mainly due to the epidemic situation and some policies issued by the state.
First, the epidemic situation was affected by Covid-19, and the prices of many items fluctuated, including soybeans. The loss of connection between the supplier and the seller has led to a substantial increase in the prices of some items, which is not good for the supplier, but the same is true for our consumers. No matter how the price fluctuates, it will affect the changes of the whole market, and the impact of novel coronavirus on society and everyone is very profound. This sudden social natural disaster is unpredictable, and we can only control these prices reasonably through our own purchasing power and prevention. I believe that after the epidemic, the prices of all goods will fall, basically returning to the previous price state, which will make us more affordable for consumers. Although the epidemic has had a great impact on us, with the concerted efforts of many people, our lives are slowly returning to normal.
Second, the state buys the state to buy soybeans in large quantities, which is also a major reason for the increase in soybean prices. Because the country has a very strong economic strength, when purchasing soybeans, its price is also very high. This is a very good thing for people who grow crops. It is also recognized by many of us that the country can bring benefits to growers through such policies and actions. The state is very supportive of the development of our agriculture. It can not only bring us more welfare benefits, but also support some economic policies, which greatly mobilizes the enthusiasm of farmers and can put more energy and financial resources into these crops, so that they can have a relatively stable and high income. I believe that while the price stimulates the development of our planting industry, more people will taste the sweetness and re-establish confidence in our planting industry.
There is a reason why the price of any commodity fluctuates, so we should look at this problem correctly.