| With the rapid development of China’s agricultural futures market,adjust and optimize the structure of China’s agriculture, there will be more and more agricultural products listed in the futures markets, agricultural futures coverage, need access to services agro-processing enterprises will be more. Therefore,the development of good"agricultural futures" imperative to explore the establishment of agricultural futures reasonable and effective business model is very necessary.This paper analyzes the three major agricultural futures business model characteristics and strengths and weaknesses,are "farmers + agro-processing enterprises in rural cooperatives + futures market" model, "the scale of planting land transfer +futures market" mode and "agro-processing enterprise + banks + futures companies"mode. Then Hubei Yinfeng cotton futures companies, for example, analyzed the effects of the above three modes of operation used by the company,totaled Yinfeng Cotton futures business experience in agriculture.Finally, the paper summarizes the view that the problem facing China’s futures agricultural business is divided into five areas,one less than China’s agricultural futures type, small, and second, insufficient quality of the futures market traders, the third is land transfer immature business model, four lack of support and the company’s credit risk hedging prominent Fifth, supervision and management system of agricultural futures market is not perfect. Targeted,the author proposes a well_developed agricultural futures business model suggestions,firstly,to increase agricultural futures range, expanding the size of the futures market, the second is to promote the commodity futures exchange "thousands of villages million project" Implementation,Third is to promote the reform of the Land Trust promote land transfer, the four banks for credit support, and control of hedging risks,five is to improve China’s futures market regulatory system. |
