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Dayou Futures Foshan City’s pig feed “insurance + futures” project concluded w88with 14.72 million yuan to help breeding companies avoid price risksTime: 2023-08-11     Reading volume:

August 9,Dayou Futures and Pacific Property & Casualty Insurance Foshan Branch jointly hosted the "Foshan 2023 Pig Feed "Insurance + Futures" Finalization Conference"。This project guarantees a total of 18,404 pigs,Provided risk protection of over 14.72 million yuan for breeding farms。Zhang Jincheng, general manager of Dayou Futures Co., Ltd., and representatives from Shunde District’s breeding industry attended the meeting。


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At the press conference,Agricultural enterprises such as Lianfeng Farm in Dongcun, Xingtan Town, Shunde District, Foshan City received compensation checks,Compensation amount 1.63 million yuan。This project encountered a sharp rise in corn futures prices in June,Successfully helped breeding companies avoid the risk of rising feed prices,Loss rate as high as 170.9%。

The project closing conference also invited Liu Tong, a researcher at Dayou w88 slotFutures Investment Research Center, to share his views on the feed breeding market。All participating units and business representatives had full exchanges,Let’s discuss how to deepen financial services for agriculture,Expand the coverage of policy agricultural insurance,Develop more innovative financial model price risk management products to empower Foshan’s breeding industry。

“Insurance + Futures” as a new type of hedging tool,Combining the protection function of insurance and the risk hedging function of futures,Thus realizing the upgrade of agricultural insurance from protecting natural disaster risks to protecting market price risks,Upgrade from guaranteed cost to guaranteed income,Upgrading from ensuring the production link to safeguarding the industrial chain。

Future,Dayou Futures will continue to research new technologies in the agricultural field、New business format、New mode,Promote the implementation and development of more “insurance + futures” w88 online live casinoprojects,Provide more complete and practical protection for farmers。


     
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