with the link of global economy and trade is more and more closely,the agricultural products price of our country is more and more influenced by international economic factors. The agricultural products’consumption and trade of our country ranks first in the world,so if master the discourse power of agricultural products and the relation of our country to maintain in the international agricultural product market will play a decisive role on the domestic prices of agricultural products. This paper make 1405 yellow soybean as an example, first simply elaborated the development and function of American and Chinese agricultural products futures market,then through co-integration analysis, Granger test empirical analysis indicates that there is a long -term equilibrium relationship between soybean futures in China and the United States, the America soybean futures have an influence on Chinese soybean futures market to some extent ,but the price of soybean futures in china has little influence on American soybean futures price.
Agricultural Products FuturesCo-integration analysisGranger Test
NETL
NSTL
万方数据
