Recently，The country’s first policy-based urea price “insurance + futures” project landed in Xuzhou, Jiangsu and entered the market smoothly。This financial innovation project is w88 casino gamesjointly carried out by Dayou Futures and Pacific Property & Casualty Insurance Co., Ltd.，is the first “insurance + futures” project launched by Dayou Futures in Jiangsu，Aimed to help farmers cope with the risk of price fluctuations of urea, the main raw material for crop fertilizers，Improving the ability of farmers to resist risks，Guarantee the income of farmers，Serving rural industry development。

According to introduction，This Jiangsu Province local financial subsidy urea price “insurance + futures” project，The government provides 50% premium subsidy，Provide urea price risk protection for farmers with 1,020 acres of farmland。This project adopts the enhanced Asia market call option plan，Official admission on August 16, 2023。

As the largest variety of chemical fertilizers，Urea is always known as “the food of food”，The fluctuation of urea price will directly affect farmers’ farming income and enthusiasm。This urea price “insurance + futures” project,Dayou Futures and CPIC Property & Casualty Insurance give full play to their respective professional advantages，Based on the urea futures price of Zhengzhou Commodity Exchange，Insurance for fertilizers containing urea applied by farmers。w88 live casinoOnce the urea market price is turbulent，Trigger price insurance claim terms，The insurance company will pay compensation to farmers，Thus avoiding the risk of increased planting costs for farmers due to rising urea prices，Compensating for economic losses caused by price fluctuations。The insurance company conducts reinsurance by purchasing OTC option products from the risk management subsidiary of the futures company，Redistribute risk。

“Insurance + Futures” is an innovative financial tool，As a new exploration of my country’s futures market to serve “agriculture, rural areas and farmers”、New mode，Plays an increasingly important role in the effective connection between financial assistance in poverty alleviation and rural revitalization。Late July 2023，The Jiangsu Supervision Bureau of the State Financial Supervision and Administration Bureau and the Department of Agriculture and Rural Affairs of Jiangsu Province issued the "Opinions on Doing a Good Job in Supporting Food Security in the Banking and Insurance Industry"，"Opinions" encourages the optimization of "insurance + futures"。The urea price "insurance + futures" project jointly launched by Dayou Futures and Pacific Property Insurance Company w88 online sports bettingis a concrete manifestation of the implementation of the "Opinions"，Fully demonstrated the huge potential of financial innovation in the agricultural field。

Future，Dayou Futures will continue to deepen the effect of financial services on "agriculture, rural areas and farmers" through "insurance + futures" and other methods，Serving agriculture with innovative financial models，In the market context of large fluctuations in agricultural product prices，For enterprise、Provide farmers with more effective risk management tools and considerate financial services。