Grain futures market should worry about Farmers

Introduction: this year's summer grain harvest At present, farmers are still plagued by the question of whether to sell or not and when to sell grain to achieve greater profits On the one hand, under the condition that the current grain price is expected to rise, farmers are reluctant to sell; on the other hand, although more and more social capital enters into the grain purchase and sale market after the market is opened up, due to the high and low grain purchase price in the early stage, some grain traders are losing a lot of money, and the future trend of grain price is "not easy to grasp", which makes grain enterprises dare not buy a lot of grain The stalemate between farmers and grain enterprises has resulted in too calm grain market at present To change this situation, the best way is undoubtedly to vigorously develop the grain futures market, make full use of the functions of the futures market, and effectively activate the current grain market     Since the second half of last year, in response to the prominent contradictions in the development of agriculture and rural economy, the Party Central Committee and the State Council have taken strengthening agriculture, promoting grain production and increasing farmers' income as the focus and important goal of macro-control work, adopted a series of policies and measures in a timely and decisive manner, introduced measures to reduce farmers' burden and improve farmers' enthusiasm for grain production, such as direct compensation and cancellation of agricultural special product tax And invigorate the grain market through market-oriented reform At the beginning of this year, the opinions of the CPC Central Committee and the State Council on several policies to promote the increase of farmers' income put forward that we should "improve the grain spot market and the futures market", highlighting the important role of the futures market as a market-oriented tool in solving the "Three Rural" problems On the one hand, it affirms the development achievements of domestic futures market since its establishment, especially in recent years On the other hand, it is also the expectation and requirement for domestic agricultural futures market to play an active role in promoting farmers' income The worry of farmers is not only that the price of grain is not easy to grasp, but also that the income of farmers is affected not only by the price of grain, but also by whether grain enterprises can operate stably and obtain expected profits At least in theory, the two economic functions of price discovery and hedging in futures market can help farmers grasp the price of grain and help grain enterprises achieve the goal of stable operation Therefore, in the period of economic transformation, grain futures market should give full play to its functions This requires efforts to improve the overall quality of the grain futures market First, improve the system of grain futures, and basically realize that farmers and grain enterprises have corresponding futures tools to use in the circulation of large grain varieties 2 Further tap the market potential of existing grain futures Objectively speaking, there is still room to improve the function of the existing grain futures market 1 On the basis of ensuring the smooth operation of the market and the authenticity of price discovery, the futures exchange should further strengthen the market promotion of futures varieties (in this regard, it should pay attention to summarizing the experience of market promotion, timely and effectively change the promotion methods and contents), and attract more grain enterprises to participate in the futures market 2 China's futures market is a typical government driven market Last year, Heilongjiang provincial government launched relevant social forces (including news media) to publicize and use Liandou futures market and achieved good results Governments at all levels should vigorously promote the real-time information and market-oriented operation mechanism of grain futures market, so that more farmers and grain enterprises can realize the price of futures market At the same time, we should vigorously promote the market operation mode of using futures market to promote farmers' income, such as the "order + futures" mode adopted by Yanjin County, Henan Province: local grain enterprises make use of the income in Zhengzhou wheat futures market to counter compensate the order farmers, so as to promote the real realization of farmers' income 3 Accelerate the legal construction of futures market The market economy is a legal economy, and the legalization of the economic field is the healthy guarantee of the economic marketization At present, the legal environment of the futures market is seriously lagging behind, which has become the bottleneck of further exerting the functions of the futures market Therefore, we should not only revise the Interim Regulations on the management of futures trading as soon as possible, but also introduce the futures trading law as soon as possible IV the general policy of "steady development of futures market" has been set Relevant government departments should adjust relevant supporting policies in credit, foreign exchange, tax, foreign trade, logistics and other fields as soon as possible The futures market and various fields of the national economy have different degrees of internal relations In order to realize the steady development of the futures market, we must have corresponding supporting measures in various fields of the national economy At present, the most urgent work is to refine and implement the opinions of the State Council on promoting the reform, opening up and stable development of the capital market as soon as possible