Translated Abstract
Agriculture in our country‘s national economy plays an important role, not only does it provide us with the most basic life products but also the important raw material for industrial products. Agriculture is stable both relates to the stability of the national economy and harmonious degree has important influence to the society. Since our country agricultural product futures market formation, farm produce futures prices has been in constant fluctuation, become the important factors that affect agricultural futures market stability. Therefore, the futures price fluctuation of agricultural products in-depth research is particularly important.A summary is presented in this paper on the basis of predecessors‘ research achievements on agricultural products futures prices, analyzed the impact of volatile prices of agricultural products futures and futures of agricultural products prices of production conditions, supply conditions, demand conditions, and terms of trade etc. Eight factors In the process of empirical analysis, USES principal component analysis (pca) to analyze the influence of soybean futures price volatility of 12 factors, at the same time from dalian futures exchange and the major financial websites collect soybean futures prices and related influence factors on data processing And through the SPSS data analysis software has carried on the principal component analysis to the 12 factors, and on this basis to carry on the regression analysis.Through theoretical deduction and empirical research, in this paper, the following conclusions, it is found that continuous bean a futures price will be affected by the change of soybean production in our country, the domestic soybean ending inventory, China‘s soybean imports, the soybean production and soybean consumption in our country, our country‘s soybean exports, continuous soybean meal futures prices, U.S. soybean futures prices, U.S. crude oil futures prices and soybean prices, GDP, and the combined impact of exchange rate. Among them, GDP, China‘s soybean imports, soybean consumption in China and the United States for soybean futures prices influence on continuous bean a futures price in China is obvious Second, soybean‘s mutual influence and mutual restriction between different varieties of futures prices, such as bean futures price will affected by soybean meal futures prices.
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