Research On The Effects Of Grain Financialization On Grain Security In China

The State takes the people as the fundamental condition, hunger breeds discontentment. From the ancient times on, human's survival depends on agricultural products, and as one of the core and most important agricultural products is the main source of food for human survival, its security problem is of great significance. China always attaches great importance to the problems of grain security, In recent years, "a number file" of the central committee of the communist party of China Sustained attention on the question of "agriculture, rural areas and farmers", but under the new normal, the development of agriculture, especially the development of the agricultural market Contacts closely With financial markets, the most prominent performance is the financialization of agricultural products, like other agricultural products, Grain has financial attributes increasingly, But the Grain financialization does not change the intrinsic value and the embraced value of grain, it has changed the purpose of grain and is no longer a simple ordinary goods, and became the investment goods, As is the inevitable result to the development of the market economy under the open economy condition, and a necessary process of the further development for the agricultural product market. As the Grain financial globalization sweeping, the rapid development of the grain futures market, and the pricing mode of grain has undergone a fundamental change, The financial properties of grain became the most important factor in the price of grain market.Based on the above background, this paper tries to analyze the grain security problem from the perspective of Food financialization in China. Firstly reviews the relevant domestic and foreign theories and studies of grain security, Secondly analyzes the theories of impact on China's grain security from the emphasis of Grain financialization, and reorganized the relationship between food financialization and food security, the research on the grain supply and demand in China through the price mechanism, looking for the factors affected the grain security from the characteristics of the fluctuation of grain price and the impact of grain prices on food production, consumption and trade. Then, the study on the mechanism of the impact of the grain security from the 3 angles, especially, the study on the price linkage mechanism and the interaction between the grain spot market and the futures market, the regression results through the acquisition of relevant data to establish the empirical model. Finally, analyzed the impact of grain financialization on China's grain security and put forward countermeasures and suggestion. Through the regression analysis, the price index of grain futures, the exchange rate and the money supply are the main factors affected the grain security in China, so, to protect the national food security needs to improve the grain financial market system and to configure the food financial resources, The protection of grain producing interests to the agricultural producers in major grain areas, and helping family farm to hedge food price risk, Improving the modern grain circulation system to increase the efficiency of the grain market, putting to use bilateral or multilateral trade negotiations to stabilize the price and quantity of grain trade, and training the talents with the professional agricultural knowledge and the financial quality.