粮食金融化问题研究述评

Review on Grain Financialization Research

日益增强的粮食金融化属性正不断改变传统的粮食供求关系及价格波动特征。通过梳理国内外学者关于粮食金融化的形成及内涵、粮食金融化对粮食价格波动的影响、粮食金融化与粮食安全的关系、农产品金融化对农产品价格和保障农产品有效供给的影响等方面研究,本文发现粮食价格波动受到金融因素、期货因素、投机因素、能源因素等的影响较大;粮食金融化对粮食价格的影响具有两面性,其中的不利因素对粮食安全造成了极大威胁。在粮食金融化背景下,分析粮食价格波动及影响机制时,金融因素等关键因素的影响和粮食价格波动的风险防控等方面值得进一步关注。

The increasing financial nature of grain is constantly changing the traditional relationship between the grain supply and demand and the characteristics of price fluctuations.Combing domestic and foreign scholars’research on the formation and connotation of grain financialization,the impact of grain financialization on grain price fluctuations,the relationship between grain financialization and food security,and the impact of agricultural product financialization on agricultural product prices and ensuring the effective supply of agricultural products.Through the above research,the author found that the fluctuation of grain prices is greatly affected by financial factors,futures factors,speculative factors,energy factors and so on.At the same time,the impact of grain financialization on grain prices has two sides,among which the negative factors pose a great threat to food security.In the context of grain financialization,when studying grain price fluctuations and their influencing mechanisms,the impact of key factors such as financial factors and the risk prevention and control of grain price fluctuations deserve further attention.