Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019)

Prospects of the exchange future market in the development of the agrarian economic system of Ukraine

Authors
Nadiia Reznik, Anna Slobodianyk, Oksana Sydorenko, Mykola Horlachuk
Corresponding Author
Nadiia Reznik
Available Online October 2019.
DOI
10.2991/mdsmes-19.2019.4How to use a DOI?
Keywords
Exchange commodity market, agricultural market, forward, futures, simple warehouse certificate, market of warehouse certificate
Abstract

The article is devoted to the problem of exploring the prospects for the development of a futures market in the agrarian sector of the economy, which will provide savings for agricultural producers by increasing their creditworthiness, protection against possible fluctuations of prices, clearer planning of their production and equal conditions of competition. It is proved that the use of derivatives by domestic producers and exporters makes it possible to increase the level of efficient production and sale of agricultural products. The nature of the futures exchange market is characterized by being able to predict prices of agricultural products with great precision, and thus to protect future harvests, especially cereals, from unwanted price fluctuations, which is possible with natural relationship between spot and futures. It is justified that price stabilization due to the efficient operation of the futures market increases the creditworthiness of agricultural producers and reduces the cost of bank credit.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
October 2019
ISBN
10.2991/mdsmes-19.2019.4
ISSN
2352-5428
DOI
10.2991/mdsmes-19.2019.4How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Nadiia Reznik
AU  - Anna Slobodianyk
AU  - Oksana Sydorenko
AU  - Mykola Horlachuk
PY  - 2019/10
DA  - 2019/10
TI  - Prospects of the exchange future market in the development of the agrarian economic system of Ukraine
BT  - Proceedings of the 2019 7th International Conference on Modeling, Development and Strategic Management of Economic System (MDSMES 2019)
PB  - Atlantis Press
SP  - 16
EP  - 19
SN  - 2352-5428
UR  - https://doi.org/10.2991/mdsmes-19.2019.4
DO  - 10.2991/mdsmes-19.2019.4
ID  - Reznik2019/10
ER  -