在市场经济环境中，农产品的价格波动风险是影响种植农户预期收益和种植积极性的重要因素之一，这些影响对农产品种植和加工的平稳发展极为不利。这是全球农业生产所面临的共性问题，我们国家基本采取国家农业补贴、实施保险计划、涉农主体直接进入期货市场进行套期保值等措施来解决上述问题。近年来，随着农产品价格进一步市场化的发展趋势，农产品价格波动剧烈，风险极大，“保险+期货”就是利用市场手段化解价格波动风险的一种有效方式，其实质就是一种通过期货市场进行农产品价格风险释放的新型农业保险，是相对于农业生产固有的自然风险之外，针对于市场风险防范的有益补充。本课题就是对“保险+保险”服务涉农经济试点项目的分析研究。课题通过对东北春播玉米“二次点价+期权”的分析，研究利用期货市场规避价格波动的风险，促进种植农户增收的订单新模式。主要研究“二次点价”对玉米种植农户的可操作性及利用期货市场释放价格风险的过程，以及阐述“二次点价”的风险释放与“保险+期货”的理论联系。本论文中详细阐述了“保险+期货”国内外的研究和发展情况，市场需求状况及理论基础。用实际数据分析该产品服务种植农户和涉农企业的可行性，并对该模式的有效性做出评估。通过对“保险+期货”的研究分析，找出该试点业务和服务产品存在的主要问题和难点，并提出解决方案。“保险+期货”试点研究将有效利用期货市场，探索改善和解决农业价格风险及种植农户保收、增收的问题。试点项目将产融结合、期现互补、专业分工、有效协作，不同参与主体各取所需，实现共赢。在这个过程中，政府将改善补贴状况，降低补贴费用，提高效率；期货交易所增强服务实体经济的能力，改善投资者结构培育产业客户；期货公司、保险公司、风险管理子公司探索创新业务拓宽营收手段。最终目标，保障种植农户和涉农企业保收、增收。本课题研究的目的，就是改进试点项目的不足，进一步推动“保险+期货”模式的创新与发展。美国农业在全球具有代表性，其农业保险以收入保险为主，这也是我国农业保险未来重点发展方向。“保险+期货”可以将保险范围从价格保险拓展到产量保险、收入保险，充分发挥期货衍生品市场对种植农户和涉农企业的收益保障功能。关键词: 保险；期货期权；价格风险；订单农业；收入保险

In the market economy environment, the risk of price fluctuation of agricultural products seriously affects farmers'income expectation and planting enthusiasm, which restricts the stable development of agricultural production. This is the fundamental problem facing agricultural production. The solutions include the national agricultural subsidies, the implementation of insurance plans, and the direct entry of agricultural subjects into the futures market for hedging and other measures. With the deepening of the reform of agricultural marketization, the price of agricultural products has changed from state intervention to marketization. The price of agricultural products fluctuates sharply and the risk is great. Insurance + futures is a way to solve the problem of price insurance by means of market means. Its essence is a new type of agricultural insurance which releases risks through futures market, and it is a market to guard against risks other than natural risks. A useful supplement to field risk. This topic is the research and analysis of the pilot project of "insurance + insurance".Through the analysis of "second-order price + option" of spring-sown maize in Northeast China, this paper studies the new mode of order to avoid the risk of price fluctuation and promote farmers'income by using futures market. This paper mainly studies the operability of "secondary pricing" for corn farmers and how to release price risk by using futures market, and elaborates the relationship between "secondary pricing" and "insurance + futures" in the process of risk release.In this paper, the research and development situation, market demand and theoretical basis of "insurance+futures" at home and abroad are elaborated in detail. Using actual data analysis, the feasibility of this product to serve farmers and agribusiness enterprises was analyzed, and the effectiveness of this model was evaluated. Through the research and analysis of "insurance + futures", the main problems and difficulties of the pilot business and service products are found out, and the solutions are put forward.The pilot study of "insurance + futures" will make effective use of the futures market, and explore ways to improve and solve the problems of agricultural price insurance and farmers'income insurance and increase. The pilot project will combine industry and finance, complement current and future, specialize in division of labor, and cooperate effectively. Different participants will take what they need to achieve a win-win situation. In this process, the government will improve the subsidy situation, reduce subsidy costs and improve efficiency; the futures exchange will enhance its ability to serve the real economy, improve the structure of investors and cultivate customers; the futures companies, insurance companies and risk management subsidiaries will explore innovative business to expand revenue means; and the ultimate goal is to cultivate farmers to ensure income and increase income.The purpose of this research is to improve the shortcomings of pilot projects and further promote the innovation of "insurance + futures" model. American agriculture is representative in the world, and its agricultural insurance is mainly income insurance, which is also the key development direction of China's agricultural insurance in the future. "Insurance + futures" can expand the scope of insurance from price insurance to income insurance and output insurance, and give full play to the function of futures derivatives market to protect farmers'income.Key Words: Insurance; Futures Option; Price Risk; Order Agricultural; Income Insurance