What does the low coverage of Jiangsu pig insurance futures mean?
The proportion of pigs participating in the "insurance+futures" project is low. Pig "insurance+futures" is a policy price insurance project, which aims to help small and medium-sized pig farmers avoid the risk of price fluctuation in the pig market, stabilize their income and promote the healthy development of the pig industry. Coverage refers to the proportion of pigs participating in the "insurance+futures" project in the total stock of the whole province or a certain area. The higher the coverage, the higher the popularity of the "insurance+futures" project, and the greater the role in stabilizing the market price of live pigs and promoting industrial development.