Study On The Default Difficulties For Participants In Agricultural Products Future Market Under Indirect Model

2017 Central No.1 document clearly claimed to carry out structural reform in aspect of agricultural supply.It aims to upgrade agricultural product industry structure at the same time to improve agricultural quality and efficiency.However,under the restriction of geographical environment,economic and cultural factors,development in rural area remains unstable.The phenomenon of low grain price hurts the farmers still common in our daily life.To take fully use of future market,it can promote income of farmers meanwhile to make income stable by its function of hedging and price finding.Besides,it helps to adjust plant structure.It is a kind of important way to promote agricultural moderation.To study how to take fully advantage of agricultural future market not only have theoretical meaning,but also have practical meaning.At present,the main ways for farmers to participate future market is indirect mode.It means the farmers to participate future market should join a medium organization.However,to keep appointment or not has been the shackles to guarantee each side continue to cooperate,and then become the main obstruction to further develop agricultural future market in our country.Therefore,this paper is first to summarize related literature,to summarize present study about the function of agricultural future market,risk problem and risk management.Then this paper defines core theory and after that to analyze the typical model for farmers and medium organization in future market,and then to find out problems during their cooperation and to find the default problem in its cooperation.Besides,this paper is to learn experiences from developed country.At last,it proposes some strategies to let each side keep appointment which will help each side to participate future market efficiently.Under such conditions,the future market can better serve the Three Rural Issues and at the same time to achieve its goals to serve agriculture.This paper proposes to establish sound guarantee mechanism to promote bilateral cooperation for related organization.For instances,to convert the way of subsidy and establish fund of bumper makes up failing crop.For medium organization,on one hand,it should boost its ability to continuous operation;it advocates the farmers to participate future market by the ways of buy a share.On the other hand,the earning mode for medium organization can be agent mode,to reduce the possibility of speculation.These suggestions can improve the performance rate of cooperation to some extent,to enhance their enthusiasm in participate future market,and finally achieve the goal of future market.