"What's going on, Eye?What's a futures deal? Do I need to buy more rice? "
We need money to make it easier to run mutual aid associations and the like.
That's why Eye asked me to buy rice.
But how much money does that make?
Because the season is already summer.
And in Orient Country, I've heard that it's likely to be quite productive because it incorporates the Balkan rice spread by the Balkan mercenaries and their good cultivation methods.
In the first place, we needed to make magical tools and the salt damage to the land has finally settled down, so we haven't been able to get much attention to agriculture yet.
Therefore, I originally planned to buy rice, so I checked carefully that I couldn't make it this year from the manufacturing stage.
Even if I was asked to buy rice now, I was going to buy it in the first place, and would I be able to make money from it?
"The important thing is to buy rice now, Alphonse."
"Hmm? What do you mean? If you're buying rice, isn't it because the rice can be harvested properly?"
"No, it's not about buying real rice.Make an agreement to buy first without it. "
"... does that make any sense?"
"Yes, farmers and traders will think this year is a productive year.What do you think would happen to the price of rice if you could produce as much rice as you expected? "
"Well, you can do a lot of rice.Maybe it will be sold cheaper than before because I think it can be harvested more than ever, combined with the effect of [soil improvement] and the high efficiency of barca rice harvesting. "
"That's right. Crops tend to be cheaper if they're basically abundant, and higher if they're not.Depending on the amount of taxes paid to the country, many farmers and traders should think the price of rice will fall this year. "
"Hmm. So, Eye wants to tell you to buy the rice before it's ready.Is that supposed to be a contract with a farmer just now? "
"That's right. If you buy rice that you can buy this year for a yearly price based on past information, and you have a contract, a lot of people will agree to it.For farmers, it sells at a higher price. "
"That's fine, but won't it hurt?You mean the right to buy rice at a higher price first, which is more abundant and cheaper than usual?How do you make money out of it? "
I somehow understood what I meant by futures trading.
In short, I think the price should be fixed in time to book the purchase.
So, no matter how the price of the rice changes later, in autumn, we will take back the rice at the price agreed at that time.
Even if there is no actual product, we will trade first.
Is that different from a pre-order?
Well, anyway, it would be possible to negotiate the price first and then take over the goods later.
But no matter what I think, I don't think it's going to make me feel like I'm short of money right now.
"No problem. This year's rice market will spike."
"A spike means the price goes up?Why? Shouldn't the price go down if it was a good crop? "
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