持续下跌！猪价遭遇“寒冬”，“漯河样本”价值显现

Core Viewpoint - The pig farming industry is experiencing a prolonged downturn, with prices continuing to decline and the entire sector facing significant losses [2][3][4]. Price Decline and Industry Losses - After the National Day holiday, pig prices have accelerated their decline, leading to widespread losses across the industry. Despite multiple government interventions, including the storage of frozen pork, the market remains unresponsive [2][3]. - On October 9, the first trading day after the holiday, the main pig futures contract closed at 11,595 yuan/ton, a single-day drop of 6.15%. By October 17, the price fell to 11,020 yuan/ton, although there was a slight rebound by October 20, remaining below 11,500 yuan/ton [3]. - The average purchase price for pigs was reported at 13.45 yuan/kg, down 3.0% week-on-week and 29.2% year-on-year, while the average ex-factory price for pork was 17.58 yuan/kg, down 2.7% week-on-week and 28.5% year-on-year [3]. - The price of pigs has dropped to 11.18 yuan/kg, a year-on-year decrease of 35.41%, which is below the cost line for most farmers [3][4]. Impact on Farmers - The continuous decline in pig prices has resulted in significant losses for pig farming operations. For instance, the largest pig farming company, Muyuan Foods, reported a sales average of 12.88 yuan/kg in September, a year-on-year decrease of 30.94% [4]. - Small and medium-sized farmers are facing increasing risks of cash flow issues, with losses per pig reaching over 50 yuan for self-bred pigs and around 150 yuan for those purchasing piglets for fattening [4]. "Luohe Sample" Support - The "Luohe Sample," a project combining insurance and futures, has been instrumental in providing financial support to farmers during this downturn. This initiative has been in place since 2021 and has helped local farmers manage their financial risks [5][6]. - The project has been successful in mitigating losses for farmers, with one farm receiving over 180,000 yuan in compensation due to price declines, demonstrating a compensation rate of nearly 364% [6][7]. - Over the past five years, the project has served approximately 239 farmers, covering 22,580 pigs, with total premiums exceeding 25.7 million yuan and project amounts nearing 400 million yuan [7][8]. Evolution of the Insurance and Futures Model - The "insurance + futures" model has evolved significantly since its introduction, becoming a crucial tool for agricultural risk management. It has expanded from pilot projects to nationwide implementation, benefiting various agricultural sectors [8][9]. - The Luohe project has not only protected local farmers' interests but has also filled gaps in traditional agricultural insurance, promoting a more integrated approach to risk management in the pig farming industry [8][9].