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What's the difference between beef futures and spot?
Difference: Futures is a standardized trading contract. It can be stipulated in the contract that the goods can be delivered within a specific time. In actual investment, you can also choose to close the position through reverse trading to obtain the bid-ask spread instead of delivery. Spot is the transfer of ownership of goods immediately after the transaction, which is a transaction of primary currency and primary goods.

Meat refers to the meat obtained from cattle and is one of the common meats. Sources can be cows, bulls and heifers.

Beef is the third largest meat consumed in the world, accounting for about 25% of the meat market. It is rich in protein, and its amino acid composition is closer to the needs of human body than pork, which can improve the disease resistance of human body and has the functions of warming stomach and benefiting qi.