Affected by the global COVID-19 epidemic, the contradiction between rigid demand and shortage of aquaculture market will be further strengthened and highlighted in the live bull market in China in 2020. In recent years, China has increased its opening to the beef market, which naturally forces the beef industry structure to adjust according to market demand.

Beef cattle industry, as a key industry in the structural reform of China's agricultural supply side, is also an important industry to improve and upgrade the dietary structure of urban and rural residents.

Recently, Tongliao Niu Piao Technology Co., Ltd. beef cattle insurance integrated service system V 1.0 (referred to as Niu Piao insurance platform) passed the examination of China Copyright Protection Center and obtained the computer software copyright registration certificates from People's Republic of China (PRC) and China National Copyright Bureaus. The beef cattle insurance comprehensive service system V 1.0 (referred to as "Niupiao number protection platform") is an important part of the whole Niupiao project. Its core goal is to practice and implement the "insurance+futures" model under the guidance of supply chain finance, relying on information technology, uniting farmers, futures exchanges, securities and futures companies and other forces, and taking futures market prices (non-spot market prices) as insurance products. At the same time, the introduction of breeding feed prices of corresponding products in the futures market will help farmers to know the future market price trend in time, rationally adjust the breeding scale and breeding cycle, reduce the losses caused by market fluctuations and reduce the breeding risks. This model fills the gap of reasonably dispersing price risk, and is a necessary supplement and beneficial exploration for traditional agricultural insurance in China.