Core Viewpoint - The "Silver Futures Insurance" project for corn has been officially approved in Jilin Province, marking a significant step in utilizing multi-level capital markets to support agriculture and ensure farmers' income [1][2]. Group 1: Project Overview - The project is the first of its kind in Jilin Province, integrating "order + insurance + futures + credit" models to provide comprehensive financial support for modern agricultural production [1]. - The project will cover approximately 35,000 acres of corn planting area with a total project amount of about 44 million yuan [1]. Group 2: Stakeholder Involvement - The project has received strong support from the government of Siping City, which organized multiple meetings to facilitate its implementation [1]. - Key stakeholders include COFCO Futures, China Agricultural Development Bank, Pacific Insurance, and Ping An Insurance, collaborating to address local agricultural development needs [1][2]. Group 3: Financial Mechanism - The project aims to create a financial safety net covering the entire corn industry chain, addressing issues such as "easy to plant, difficult to sell, and expensive to finance" for local farmers [2]. - The design includes a "grain payment directly repaying loans" mechanism to ensure the safety of credit funds and enhance the quality and efficiency of policy-based financial services in the grain industry [2]. Group 4: Agricultural Impact - The "Lishu Model" has contributed significantly to black soil protection, and the project aims to integrate modern production factors into this model for effective agricultural practices [2]. - The project is expected to maximize farmers' income through a second pricing opportunity after grain sales, promoting agricultural quality and efficiency [2].

Core Viewpoint - The approval of the 2025 Tashkent City Corn "Insurance + Futures" project by the Dalian Commodity Exchange marks the introduction of a new financial model combining insurance, futures, banking, and orders to support farmers in Xinjiang [1][2]. Group 1: Project Overview - The "Insurance + Futures" project is an upgraded version of the previous model, which has become an important financial tool for serving agriculture since its launch in 2023 [1][2]. - The project aims to provide farmers with funding, price protection, and sales channels, ensuring risk coverage throughout the entire planting and harvesting process [1][2]. Group 2: Implementation Details - Tashkent City has favorable agricultural resources, with approximately 700,000 acres of corn planted annually [2]. - The project was carefully designed based on in-depth research into local agricultural needs and market characteristics, making it the first project of its kind in the Xinjiang region [2]. - The project includes collaboration with banks and leading agricultural enterprises to ensure farmers have access to funding and sales opportunities [2]. Group 3: Benefits to Farmers - Farmers participating in the project, such as a local grower who planted 5,000 acres of corn, have reported improved access to loans and guaranteed prices for their crops, along with opportunities for secondary pricing in the futures market [5]. - The project is expected to cover 30,000 acres of corn planting this year, providing risk coverage amounting to 48 million yuan, with an anticipated harvest of 23,000 tons [7].