DEVELOPMENT OF FUTURES MARKET FOR AGRICULTURAL PRODUCTS
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The 1990s were the period of dynamic development of trade in agricultural products sold under futures contracts. In global terms growth in this trade was uneven and related mostly to selected products, especially those that play the most important role in international exchange. At present the two main centers for futures contracts are: the North American market and the Far Eastern market. This edge gives the two centers greater possibilities and strength to exert influence on the functioning of the world agricultural markets and may ensure a privileged position to companies from the two regions, which engage in production processing and trade.
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