Compared with the order-based agriculture, which was popular for a while in previous years, futures agriculture is being accepted by the agricultural products trading market and farmers because of its advantages of low risk, early price discovery and remarkable benefits of increasing farmers' income.
The so-called futures agriculture refers to agricultural product ordering contracts and agreements, also called contract agriculture or contract agriculture. It is market-oriented, contractual, predictive and risky. The quantity, quality and minimum protection price of agricultural products specified in the order make both parties enjoy corresponding rights, obligations and binding force, and cannot unilaterally break the contract. Because the order is signed before the planting and breeding of agricultural products, it is a kind of futures trade, so it is also called futures agriculture (agricultural order, futures trade).