Hedging For The Fisheries Industry

FX Hedging For Your Seafood Business


Marketsforu democratises foreign currency hedging through technology.

Like any business, the seafood and fisheries industries are highly exposed to currency rate (FX) fluctuations. This is evident by the recent statistics showing that in a post-Brexit environment 71% of export based companies now see currency volatility as the single biggest threat to their business.
Currently, no easy and cost-effective solution exists for your seafood based business to protect your foreign currency cash flows stemming from your larger US Dollar transactions. Solutions offered by FX brokers and banks, fit for corporate customers, are simply not fit for purpose for your seafood business.

Science is Pivotal


Fishing in 2018 is about far more than catching fish. It is a complex business and science is pivotal. There was (and is) a need for fishermen to have opportunities to ‘under the bonnet’ of fisheries science and management and to learn the tools they need to engage fully with the machinery of governance.
We see informed, engaged and motivated fishermen playing an increasingly vital role at the heart of sustainable fisheries, where interactions within and between sectors are based on respect, trust and informed engagement and which support multi-annual planning.

Marketsforu Working With The Fisheries Industries

 

 Spot Fx

 

Sale Value: $4,000,000

 

In May 2017 the EUR/USD exchange rate is 1.0864. Value is € 3,681,885

 

By mid Aug the USD has weakened, raising the rate to 1.182. The value is now €3,384,094

 

Your loss is €297,790

 

Fx Option

 

Cost of Option May 2018: €64,051

 

Guarantees FX rate at least: 1.0864

 

The USD has gotten weaker so your sales have been protected

 

Your gain is €233,739

 

Fisheries Industries

 

Cost Effective

Like any business, the seafood and fisheries industries are highly exposed to currency rate (FX) fluctuations. This is evident by the recent statistics showing that in a post-Brexit environment 71% of export based companies now see currency volatility as the single biggest threat to their business.

  • Date: January 24, 2017
  • Client: Johnson Group, US
  • Category:
  • Value: Johnson Group, US