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Soybean futures surge; soybean planting conditions may be better than expected
Driven by capital market sentiment and traders’ bullish outlook, recent domestic soybean futures prices have surged significantly. The profit margin for planting soybeans is expected to narrow compared to planting corn, leading to an increased willingness among farmers to grow soybeans. The soybean planting situation in Northeast China in 2026 may be better than expected. (National Grain and Oil Information Center)