Danni Yue, Nannan Fu
Futures are an important way of risk avoidance. China's hog industry is huge in number and wide in area, but the hog industry is often plagued by cyclical price fluctuations. Correctly identifying the role of futures can achieve better results in risk prevention and control and stable returns. International hog futures trading is active and has accumulated rich experience, which provides a good precedent for China to carry out hog futures trading. Listed hog futures can reduce information asymmetry and play an obvious role in stabilizing hog prices, standardizing breeding, integrating scale and improving hog quality, thus promoting the stable and sustainable development of China's hog industry.
Hog futures; status quo; impact