Soybean oil and soybean meal prices weakened, and soybean crushing profits lost money

Gold ten futures on April 17 news, this week the cost of imported Brazilian soybeans stable, domestic soybean oil, soybean meal prices fell, in recent months the spot soybean crushing profit turned negative. Monitoring shows that on April 16, the May shipment of Brazilian soybeans to Dashang in September contract crushing profit -1 yuan/ton (3% import tariff, processing costs 100 yuan/ton), the week-on-week ratio is basically the same; in accordance with the June sales of soybean meal, soybean oil basis quotation, Shandong spot crushing profit -16 yuan/ton, week-on-week ratio decreased by 78 yuan/ton.