我国粮食金融化的特征、影响及对策分析

Analysis of the Characteristic, Impact and Countermeasures of Food Financialization of China

近年来,粮食金融化成为我国参与国际金融市场的重要环节和基本趋势。我国粮食金融化进程中表现出粮食体系距离化、粮食贸易金融化和生物能源开发高度相关化的趋势,其主要特征是:粮食现货市场和期货市场价格明显联动、粮食价格受到供求基本面的影响在逐渐减弱、粮食与国际利率和美元汇率呈现逐渐加强的相关性。粮食金融化对我国国际贸易、粮食安全和金融发展都产生双向影响,为有效应对粮食金融化趋势,我国应该进一步增强粮食金融市场价格发现功能;借助粮食金融化的契机逐步完善我国粮食产业链,将粮食安全与粮食金融上升为国家战略。

In recent years,the food financialization has been an important section and fundamental trend for China to join the international financial market.The food financialization process has shown the trends of food system distanciation,food trade financialization and high correlation of bioenergy development,and the main characteristics were that the food spot market and future market price have obvious linkage,the food price was gradually weakened by the impact of demand and supple fundamentals,the food has shown strengthening correlation with international interest rate and US dollar exchange rate.Food financialization has generated bi-directional impact on the international trade,food safety and financial development of China.To effectively cope with the food financialization,China should further strengthen the food financial market price discovery function,improve food industrial chain by food financialization,and emphasizes the food safety and food finance to be national strategy.