This year, the state will cancel the policy of temporary purchase and storage in major soybean producing areas such as northeast China and Inner Mongolia, and implement the policy of subsidy for soybean target price. This means that processing enterprises, private purchasing and selling enterprises and state-owned enterprises will compete as equal market players.

Enterprise: Hope the supply is stable

In recent years, the planting area of soybean in Heilongjiang province has been continuously declining, with 67.35 million mu in 2010 and 31.05 million mu in 2013. The soybean area has been greatly reduced, and the deep-rooted reason is the implementation of the temporary storage policy, which leads to the loss of the interaction between the upstream and downstream of the domestic soybean industry chain. Since the state implemented the policy of temporary purchase and storage of soybeans, the price of domestic soybeans has been far higher than the market price and the price of imported soybeans. Soybean processing enterprises have encountered the embarrassing situation of high purchase raw materials price and limited price increase of downstream products. As a result, the living environment has deteriorated.

Processing enterprises are an important part of the domestic soybean industry chain. Only by developing enterprises can the whole industry chain be invigorated. Reporters in Heilongjiang learned that although domestic soybean processing enterprises have largely stopped production or gone bankrupt, there are still some enterprises full of confidence in the industry. In Kedong County, Kedong Yuwang Soybean protein food Co., LTD. Is under intensive construction. Zhu Chunmin, the company's director, said their biggest concern is the declining acreage of soybeans, as companies face shortages of raw materials and rising costs.

At present, soybean processing enterprises worry that after market liberalization, the price fluctuates greatly, the supply is unstable. They hope to implement the soybean target price subsidy, must do a good macro-control, stable soybean planting area.

Grain merchant: look forward to the revival of vitality

The once bustling Wholesale soybean market in Hailun is now largely closed. Soybean distributor Fuchenggang believes that the cancellation of the temporary purchase and storage policy is a rare opportunity for domestic soybeans, and the wholesale market of soybeans in Hailun city will regain vitality.

Haibei Town of Hailun city is a famous soybean distribution center in Heilongjiang Province. At the peak of the soybean trade, there were as many as 166 soybean distributors gathered in Haibei Town, sending 1.2 million tons of soybeans to the whole country every year. However, with the overall decline of domestic soybean industry, the once booming trading market into a depression, many soybean dealers turned to buy corn.

Sun Jiasheng has been engaged in soybean distribution for many years, supplying soybean for Haitian, Lee Kum Kee, Lao Gan Ma and other food enterprises all the year round, and the annual soybean trading volume is more than 10,000 tons. He thinks, after the policy of temporary reserve is cancelled, soybean dealer will usher in rare development opportunity. Since last year, he has bought more than 2,000 tons of soybeans, soybean prices continue to rise this year, is certain to make money. After years of experience in the soybean market, Sun Jiasheng has a strong will to deal with various market risks, but also more expect the vitality of the soybean market.

Li Zhongkui, director of the grain storage warehouse in Kedong County, China Grain Logistics Group, believes that domestic non-GMO soybeans have strong competitiveness in the international market. The cancellation of the temporary storage policy will provide more business opportunities for grain companies like CoFCO, and CoFCO can sell more domestic non-GMO soybeans to the world.