Planting "China's Good Cotton" The impact of cotton futures has penetrated into the entire Xinjiang cotton industry chain

A Promote the futures order model to increase the income of cotton farmers 

        For a long time, the cotton grown by domestic farmers and the cotton needed by downstream textile enterprises are disconnected from each other in many aspects such as quality, coupled with the fact that cotton has not been planted on a large scale and mechanized in many production areas in the past, which makes the cost of domestic cotton high and often in a passive position in market competition. At the same time, due to the frequent fluctuations of cotton prices and the lack of price vanes in the market, farmers often scratch their heads when planting and selling cotton, traders buying and selling cotton, and textile enterprises purchasing cotton. 

        From November 5th to 11th, with the strong support of Zheng Shang, dozens of representatives from Shenzhen Kaifeng Investment Management Co., Ltd., Tammed Stone Investment Company, Shanghai Rongkui Investment Company, Shanghai Ruimaotong Supply Chain Management Co., Ltd., Henan Tongzhou Cotton Industry, CCB Zhengzhou Futures City Branch and other investment institutions, enterprises and financial institutions in the cotton and cotton yarn industry chain organized by Futures Daily to discuss the cotton industry situation in the main cotton-producing areas of Xinjiang and the situation of the northern Xinjiang Nongjiale Co., Ltd., Korla Yinxing Logistics Co., Ltd. Zhengmian Futures Delivery Warehouse conducted field research. During the investigation, the reporter learned that at present, the domestic cotton market has been adjusted to collect and store, the cotton target price policy has been continuously implemented, and new agricultural production forms such as land circulation have emerged. In this context, the majority of cotton farmers are becoming more and more confident in their hearts when planting cotton, and their cotton growing income is becoming more and more stable, making it possible for cotton farmers to grow "China's good cotton". 

        Xinjiang Tianying Xinlu Agricultural Technology Co., Ltd. is located in Shawan County, the center of Xinjiang's cotton region, and the cotton planting area around the company is about 600,000 mu. Because this area has basically realized technical measures such as land integration and water-saving drip irrigation, it is very suitable for cotton planting, but in many years in the past, cotton farmers here did not make a fortune because of the planting of cotton, mainly because their scattered small-scale planting and multi-variety "separate battles" made the quality of cotton produced varied, and it was difficult to improve cotton yield. In this case, the majority of cotton farmers have more input and less output, and the development of the local cotton industry has been stagnant for a long time. During the investigation, the reporter learned that now, because Xinjiang Tianying Xinlu Agricultural Technology Co., Ltd. has given full play to the leading role of leading agricultural enterprises, skillfully used futures tools to find a way for cotton produced by cotton farmers, and improved the planting income of cotton farmers, the local cotton industry is booming, and the wish of cotton farmers to grow "China's good cotton" is gradually being realized. 

        "In the past, the company's main business was to deal with the purchase and processing of seed cotton and lint sales, and on this basis in August 2012, the Juli Machine Cotton Picking Professional Cooperative was established, and in April 2016, the Shawan County Juliyuan Cotton Farmers Professional Cooperative Association was registered. At present, there are more than 20 cooperative enterprises, mainly engaged in standardized planting of machine-based cotton, Internet financial service companies, agricultural material sales network platforms, agricultural technical services, scientific and technological promotion and application, development of agricultural product characteristics, large-scale mechanical harvesting, cotton purchase, processing and sales, etc., and has been listed as a pilot unit of cotton supply-side structural reform by Xinjiang Autonomous Region, and has been rated as a typical enterprise for the integrated development of rural industries in the country by relevant institutions. The relevant person in charge of Xinjiang Tianying Xinlu Agricultural Technology Co., Ltd. told reporters that in order to promote the supply-side reform of cotton, explore the integrated production experience of cotton production, processing and marketing under the business model of "textile enterprises, cotton processing enterprises, cooperatives, and farmers", and further improve cotton quality, cotton planting income and market competitiveness, the company gives full play to the advantages of social enterprise alliances in land, equipment, technology, capital, processing, sales, information, etc., further integrates various resources, consolidates interest linkages, implements technical measures, and provides effective market supply. Finally, the group development of high-quality machine-picked cotton industry integrating production, university-research, breeding and promotion, planting and marketing, and integration of trade, industry and agriculture will be formed. At present, the futures order model and spinning mill order model that the company is vigorously promoting in cotton production and sales have obvious effects, which is not only conducive to cotton farmers to grow high-quality cotton that meets market demand, but also increases the income of cotton farmers.

        According to the reporter's understanding, Xinjiang Tianying Xinlu Agricultural Technology Co., Ltd. strictly follows the "six unifications" model of land preparation, sowing, variety, field management, picking and delivery in the production process of cotton, and has built a complete high-quality machine-picked cotton production database, which can produce lint that meets the indicators required by textile enterprises, opening up a new path of cotton production, processing and sales, and further improving the income of cotton farmers, ginning enterprises and cotton spinning enterprises. In terms of how to effectively avoid market risks and how to deal with cotton price fluctuations, the company has used cotton futures tools and market platforms to innovate many market resource integration and application models, which can effectively protect the interests of cotton farmers and the company. 

        Yin Jie, business manager of Hubei Xinguoyuan Cotton Textile Company, told the Futures Daily reporter that mainland textile enterprises have favored the lint produced by Xinjiang Tianying Xinlu Company in recent years, mainly because the overall quality of the lint sold by the company is high, and the lint "three silks" problem that gives textile enterprises the most headaches has also been solved very well, and the purchase of lint from other production areas often finds a lot of animal hair mixed in. 

        Wang Yuansu, general manager of CEFC Futures Northwest Region, told reporters that many ginning mills and textile enterprises now carry out lint purchase and sales business operations through Zhengmian futures disk, and point price transactions using Zhengmian futures prices are emerging in the market. More importantly, large cotton planting cooperatives, ginning mills, cotton and linen companies, including cotton-related enterprises of the Xinjiang Corps, have actively participated in Zhengmian futures hedging transactions, and some enterprises have received a lot of income.