Commodity futures refer to futures contracts with physical goods as the subject matter. Commodity futures have a long history and a wide variety, mainly including agricultural and sideline products, metal products and energy products. It is a standardized agreement about the buyers and sellers buying and selling a certain number of physical goods on an agreed date in the future at the price agreed at the time of signing the contract. Commodity futures trading is a standardized contract trading method for buying and selling specific commodities on futures exchanges.

Futures varieties

Specifically, there are about 20 kinds of agricultural and sideline products, including corn, soybeans, wheat, rice, oats, barley, rye, pork belly, pigs, live cattle, calves, soybean meal, soybean oil, cocoa, coffee, cotton, wool, sugar, orange juice, rapeseed oil and so on. Among them, soybean, corn and wheat are called three major agricultural futures: 9 kinds of metal products and 9 kinds of rapeseed oil. 5 kinds of chemical products, including crude oil, heating oil, unleaded gasoline, propane and natural rubber; There are two kinds of forest products, including wood and plywood.