Recently，The first pig price “insurance + futures” project in Yichang City, Hubei Province was launched in Zhijiang City and entered the market smoothly。This project is jointly carried out by Dayou Futures and Yichang Central Branch of China United Property Insurance Co., Ltd.，Aims to reduce losses caused by fluctuations in pig market prices，Reduce the risks of pig breeding，Further ensuring a stable and safe supply of live pigs，Serving rural industry development。

According to introduction，The pig price “insurance + futures” project was officially launched on October 25th，Adopt an enhanced Asian put option，Provide price risk protection of more than 15 million yuan for 1,000 tons of pigs for Zhijiang City breeding enterprises。

In recent years，Affected by many factors such as the market，Pork prices fluctuate sharply，It is difficult to guarantee the breeding income of pig breeding enterprises。The pig price “insurance + futures” project is managed by Dayou Futures and China United Property & Casualty Insurance Yichang Central w88 online live casinoBranch, giving full play to their respective professional advantages，Based on the live pig futures price of Dalian Commodity Exchange，Insurance for pigs raised by pig breeding enterprises，Once the pig market price is turbulent，Trigger price insurance claim terms，The insurance company will pay compensation to the breeding enterprises，Thus avoiding the risk of loss of profits for pig breeding enterprises due to falling pig prices，The insurance company conducts reinsurance by purchasing OTC option products from the risk subsidiary of the futures company，Redistribute risk。

Introduction and application of this project，Provide risk protection for pig market price fluctuations for relevant counties and cities in Yichang City, Hubei Province，Stabilize the production of pig products，For the national people’s livelihood and security strategy，Enhancing guarantees for agricultural economic development and increasing agricultural industry income，For the continuation of the pig industry、Providing power for stable development，w88 online live casinoMake efforts for the prosperity of rural industries and the implementation of rural revitalization strategy。