Agricultural products futures are the earliest futures in the world, and grain trading has always been a traditional commodity in the futures market. Chicago Board of Trade is the oldest agricultural futures exchange in the world.
Since the beginning of the 20th century, Zhengzhou Commodity Exchange and Shanghai Grain and Oil Commodity Exchange have been the main places for futures trading of agricultural products in China. The varieties of agricultural futures trading mainly include soybeans, corn, wheat, soybeans, sugar, coffee, cocoa, cotton, pigs and live cattle.
Extended data
Futures are "imported goods". Because the market started late and developed early, the research and development of commodity futures is mostly based on "learning": based on the mature experience of foreign markets and referring to the relevant rules and systems of mature markets.
In recent years, with the steady development of the market, all parties have deepened their understanding of market functions, and their capabilities in research and development, innovation and supervision have become stronger and stronger.
On this basis, combined with China's national conditions and industrial reality, new varieties are constantly emerging, and a basic commodity futures variety system is gradually established. When more and more "China prices" ring, the influence of China futures market will naturally increase day by day.
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Commodity futures trading