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Will soybean prices increase after the Spring Festival?
Judging from the increase of soybean price before the Spring Festival, it is mainly caused by the replenishment behavior of the market in the sales area, and the increase of transportation concerns under the superimposed epidemic situation and other factors drive the soybean market to rise. Therefore, soybeans will rise after the Spring Festival in 2023. In 2023, China will continue to implement the policy of "expanding beans and oil crops" to ensure that the area of soybean oil crops will be expanded by more than100000 mu. The supply of soybean is further expanded. After the new soybean is listed in mid-June at 5438+ 10, the soybean price will be suppressed again. In 2023, the trend of soybean market will continue to be stable and weak, and proper control of inventory structure will be the next top priority.