Do commodity futures need to store physical objects? For example, how many tons of soybeans are purchased and whether these soybean entities are held.
Commodity futures speculation is about the ownership of commodities. If your question talks about holding soybean entities, it may involve the delivery of soybeans. As far as I know, few people will deliver these goods because the cost is not much different from what traders buy. From your point of view, yes, for example, if you buy 1 hand (10 ton) of soybeans, you actually enjoy the ownership of this 10 ton of soybeans. At the time of delivery, you can get this 10 ton soybean as long as you pay the gas. In other words, commodity futures do not necessarily need to store physical objects.