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Soybean trade drives China-U.S. farm ties_我的网站

A |          Officials and industry leaders highlight rising demand and deeper cooperation    Soybeans, carried as ballast on the return voyage from Asia to America some 200 years ago, have become a ballast of China-U.S. agricultural trade.     Susan Thornton, former acting U.S. assistant secretary of State for East Asian and Pacific Affairs, offered the historical footnote to a room where "ballast" had already become the word of the day.    "So that kind of makes this word ballast even more, I think, essential for our U.S.-China agricultural trade," she told the gathering, organized by the U.S. Soybean Export Council, or USSEC, during its annual Soy Connext conference held in Chicago on Friday.    The event drew U.S. and Chinese officials, U.S. soy industry leaders, and a Chinese delegation of traders and representatives from oil crushing, food and feed companies.    Chinese Consul General in Chicago Wang Baodong said soybeans have served for many years "as an important bridge in China-U.S. agricultural cooperation, and the soybean trade has been a ballast of the broader part for economic and trade relationship".    China is home to the world's largest market for agricultural products, he noted, and high-quality U.S. soybeans help meet rising demand from Chinese consumers while generating income and supporting jobs in U.S. farm communities.    Those were the good old days, Wang said, recalling that 2022 marked the highest level ever for U.S. agricultural and soybean exports to China. The good old days, he added, came to an abrupt halt last year.    "The U.S. government launched the tariff and trade war against China, and China was compelled to take necessary countermeasures, and as a result, soybean trade between our two countries was disrupted for a period of time, and American farmers became a victim and bore much of the cost, which was never an outcome China wished to see," he said.    "There are no winners in tariff and trade wars," Wang said. "As we see it, equality, mutual respect, and mutual benefit remain the right way for China and the U.S. to get along with each other and achieve win-win cooperation."    Wang also pointed to the opportunity for U.S. soy farmers. This year marks the beginning of China's 15th Five-Year Plan (2026-30) period, he said, with the country advancing high-quality development and high-standard opening-up while continuing to improve its business and investment environment.    Promising prospects    As living standards keep rising, he said, Chinese demand for agricultural products from around the world, including the United States, will continue to grow. The prospects for high-quality U.S. soybean exports to China, in his view, remain promising.    Cao Derong, president of the China Chamber of Commerce for Import and Export of Foodstuffs, Native Produce and Animal By-Products, or CFNA, echoed the view. "Economic and trade relations should continue to serve as the ballast and propeller of China-U.S. relations, not as barriers or flashpoints," Cao said in a video message.    The CFNA remains committed to maintaining and strengthening exchanges between the Chinese and U.S. soybean sectors, Cao said.    He said the chamber this year hosted a visiting U.S. soybean association delegation as well as representatives from the Indiana Soybean Alliance, and said he hoped to see dialogue between the two sides deepen further.    Mike McCranie, chair of USSEC, has watched that relationship grow alongside his own career. He first visited China in 1982 and raised his first soybeans 40 years ago.    "It has changed a lot since then. I have been to China five times, developing great relationships. I really value those relationships," he said.    Thornton described the trade as a "textbook case" of two economies growing into each other.    U.S. soybean yields have skyrocketed in recent decades on the back of technology and precision agriculture, she said, and that leap coincided with China's dramatic rise in living standards and a growing appetite for pork and poultry, which in turn drove the demand for livestock feed.    The United States and China operate two of the most complex food systems in the world, and she described them as highly complementary.    As major producers, consumers and traders of agricultural products, the two countries share a responsibility to ensure the global food supply remains stable, sustainable, high-quality and abundant, she said.                    。    本篇评级为★★★，主要围绕以下内容展开：                    1. 大资金托底暂停，意味着什么？          2. 科技赛道压力未完全解除          3. 美国绸缪仿制药加关税，会冲击创新药复苏行情吗？                    如有疑问请以音频内容为准，添加妙投小虎哥微信miaotou515，入群有机会与董小姐进一步交流。                   新闻解读评级说明：五星重磅，四星重要，三星级以下大家选择听。

B |                    1. 大资金托底暂停，意味着什么？          今天市场盘面发生了明显变化：前两天积极入场托底的国家队资金，从昨天至今出现了交易停顿。从头部的几个ETF基金可以看出，前几天还在大量买入，昨天到今天基本按兵不动，形成了鲜明对比。                   这反映出国家队对当前市场的真实态度：当市场出现恐慌式下跌、易引发系统性风险时，国家队会坚决入场遏制螺旋式下降；但当市场处于自我恢复阶段时，本着节约子弹的考虑，国家队乐见其成，不再过多参与。这也决定了未来国内市场的修复不会是一飞冲天式的，而是要经历几次波折。因此，参与过程中要有心理准备，甚至可稍微谨慎一点。

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