Order Financing Mode Of Hog Breeding From The Perspective Of Supply Chain

As the basic industry of urban and rural residents’ consumption,hog industry has made an important contribution to China’s agricultural economic development.Hog industry has gradually formed a chain with hog breeding as the core,including upstream feed hoglet suppliers and downstream slaughter sellers.The hog industry is gradually eliminating the backward production capacity to scale development,and the financing demand of hog breeding main body is gradually increasing.Due to the natural weakness of the hog breeding subject,the market price is easy to fluctuate and the poor ability to resist risks,it is difficult for the hog breeding subject to finance through the traditional financing mode,and the difficulty of financing can not be ignored.In recent years,the state has vigorously supported the development of agriculture,rural areas and farmers,formulated a series of relevant policies,enhanced the willingness of financial institutions to provide credit support for the hog industry,and opened up the credit bottleneck of the hog industry.However,financial institutions’ reluctance to lend to the hog industry has not changed.As a new financing method,supply chain order financing makes full use of the relationship and information symmetry of supply chain node enterprises,and provides an optimized financing mode to solve the financing problem of small and medium-sized enterprises.Contrary to the behavior of financial institutions refusing to lend,under the order financing mode,the main body of hog breeding will pledge the orders from the core enterprises to the financial institutions for financing.After the expiration,the core enterprises will directly pay the loans to the financial institutions.The order financing mode connects the commodity transaction with the credit transaction,which can effectively alleviate the financing difficulties of the main body of hog breeding.According to the basic logic of "demand,supply and supply-demand mode",this paper first defines the concept and related theories of hog supply chain and order financing mode,combs the financing status of hog breeding subject from the aspects of capital demand,financial supply and traditional financing mode,and analyzes the financing status of hog breeding subject from three aspects: industrial scale process,capital supply channel and credit evaluation display The main financing difficulties of hog breeding.Secondly,the paper puts forward the improvement ideas of hog breeding order financing mode from three aspects of fund demand,financial supply and traditional financing mode,constructs the income model of hog breeding order financing mode,analyzes the case of G hog breeding company’s order financing mode,and makes numerical simulation analysis on the order financing model by using MATLAB software.The results show that:(1)the rapid growth of capital demand and financing difficulties of hog breeding entities enhance the willingness to use the order financing of hog breeding;(2)when the initial capital level of hog breeding entities is low,the profit situation of financial institutions under the traditional commercial financing business and order financing business is quite different,and the profit of financial institutions increases with the initial capital level of hog breeding entities;(3)the order financing mode of hog breeding can alleviate the financing difficulties of the main body of hog breeding.Finally,based on the above conclusions,the paper puts forward countermeasures and suggestions for the application of hog breeding order financing mode.