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    Home > Active Ingredient News > Feed Industry News > Futures become an important channel to increase the income of Heilongjiang soybean industry

    Futures become an important channel to increase the income of Heilongjiang soybean industry

    • Last Update: 2008-11-03
    • Source: Internet
    • Author: User
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    Introduction: at the Heilongjiang soybean trade fair held on September 9, not only the spot trade was active, but also many futures companies in the province were all on the scene, and were warmly welcomed Using the futures market to increase revenue is becoming the consensus of Heilongjiang soybean processing enterprises and planting bases As soybean is a large agricultural product, it bears the double risks of nature and price, and risk aversion and maintenance are the two major functions of futures market Agents, leading enterprises and government representatives participating in the fair consult and negotiate in front of the booths set up by futures companies Wang Yuntao, Heilongjiang Tianqi futures brokerage Co., Ltd., "farmers and enterprises get information through futures market, carry out production and realize income increase." In October last year, in the face of the soybean market with rising prices, Heilongjiang Province accurately grasped the market situation, organized relevant experts to demonstrate, and timely passed the information about spot and futures of soybean at home and abroad to farmers through the media After obtaining the information, Heilongjiang farmers immediately adjusted the price of selling soybean According to the total soybean output of the province of 5 million tons, the farmers' income increased by 2 billion yuan The real benefits enable soybean processing enterprises and planting bases to realize the advantages of participating in the futures market Relevant experts said that it is difficult for farmers to increase their production by 10%, but it is easy to pay attention to the futures market It is not necessary for farmers to participate in futures trading, but they should understand the futures market and guide how to use the futures market for production and sales There are many buyers who have not yet reaped Many businessmen and merchants are rushing to book Heilongjiang soybean harvest Although there is still two months to go, many businessmen and merchants in and out of Heilongjiang Province are optimistic about the rich and high-quality soybean resources in Heilongjiang Province, so that the buyers have been found before Heilongjiang soybean harvest This year, the soybean planting area of Heilongjiang Province is over 70 million mu, and the total output is expected to exceed 10 million tons, an increase of 3.25 million tons over last year, with an increase of about 45% At this soybean trade fair, more than 200 domestic large soybean processing enterprises, trading enterprises and agents, such as Dalian Hualong Group and Beijing HSBC Group, all had a strong interest in Heilongjiang soybean                    
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