BIO Web of Conferences (Jan 2021)

Derivative financial instruments in the activity of enterprises of the agrarian sphere of economy

  • Klychova G.S.,
  • Ostaev G.Y.,
  • Zakirova A.R.,
  • Nikitenko I.G.,
  • Ugurchiev O.B.

DOI
https://doi.org/10.1051/bioconf/20213700086
Journal volume & issue
Vol. 37
p. 00086

Abstract

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The article presents the ways of strengthening the financial state, solvency, investment attractiveness and financial stability of agricultural organizations by expanding existing and finding new markets for products, additional sources of funding, wide use of derivative financial instruments and hedging in the practice of management. The subject of the research is the consideration of modern ways of bringing agricultural products from the producer to the end consumer. The purpose of the study is to reflect the possibilities of using derivative financial instruments in settlements of agricultural organizations with counterparties. In the course of the study, the concept of derivative financial instruments, which are widely used in the world stock exchange practice, but at present in Russia have not yet found wide application, is given. The economic efficiency of agricultural organizations is largely determined by the organization of sales of agricultural products, the choice of distribution channels in order to reduce the delivery time of products to consumers, improve its quality and reduce the cost of its implementation. It is concluded that in the current economic situation successful sales of agricultural products can be held through the exchange market through forward (futures) contracts for the immediate transfer of rights and obligations to perform the real delivery of agricultural products in the future on a certain date.