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What is the impact of pig futures on farmers?
At the weekend, the news that the CSRC approved the live pig futures of the Dashang Institute made everyone boil. So what is the impact of pig futures on farmers? How do investors view the launch of this futures? In this regard, please look down. What is the impact of pig futures on farmers? Pig futures have three impacts on farmers: First, pig futures can help enterprises reduce costs and predict the future trend of the industry. The second is that pig futures can help enterprises to specify delivery, that is, large sales orders can be taken to the exchange for futures trading, and during the delivery time, sales and procurement enterprises can negotiate. Slaughtering enterprises also grasp the procurement time through futures, and commercial pig sales enterprises also sell through futures. The third is that pig futures can help farmers lock prices in advance and reduce the impact of the pig cycle. Of course, the domestic pig market is trillions, and this product will affect the domestic inflation level, so the introduction of pig futures is conducive to the development of the whole industry. In other words, live pig futures trading is a kind of futures product that is delivered by revitalizing the slaughter time of live pigs in the live pig reserve base. For ordinary pig farmers, we can use it as the price index of the future commercial pig slaughter time to predict the sales volume. To sum up, this is the impact of pig futures on farmers.