The other Asian giant woke up to start generating a new structural bullish factor in the international soybean market

게시됨 2021년 12월 8일

Tridge 요약

India is emerging as a significant player in the global soybean market, with a 131% increase in total soybean meal exports in the 2020/21 marketing year, driven by the demand for non-genetically modified soybean meal for organic meat production in Europe and the US. This demand surge has led to a scarcity of soybean meal in the domestic market, resulting in soaring prices and a call for imports of soybean meal from genetically modified beans. To support its poultry, dairy, aquaculture, and livestock industries, the Indian government has temporarily relaxed import restrictions, allowing imports of soybean meal until the end of January 2022. This move is expected to stabilize the financial situation of these industries. Furthermore, India has also reduced import tariffs on vegetable oils to combat inflation, with the USDA anticipating a significant increase in soybean oil imports in the 2021/22 marketing year.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

A new structural factor has just arrived on the international soybean market and this is excellent news for all the South American nations that produce the “star” bean of the global economy. The event in question occurs in India, the other world “giant” that, although up to now remained asleep, began to wake up - as happened with China two decades ago - to become part of the soybean price formation system. In India, where genetically modified soy is not authorized, the "prizes" offered for non-genetically modified soybean meal made the export of this product to Europe and the US irresistible, where it is used for organic meat production. But what was a "party" for the exporting companies, ended up being a major headache for the industries that use soybean meal, because the internal product stocks ran out and prices escalated towards the stratosphere. India's total soybean meal exports in the 2020/21 marketing year - a USDA report indicates - reached 2.05 million tonnes, 131% ...

출처: Bichos de campo