Trade in agricultural crops has grown over the last decade as the global market for them expanded, largely driven by rising demand from consumers and fellow agricultural producers in Africa and Asia. Although prices have fluctuated as global weather patterns and domestic consumption place natural constraints on the volume of cereals, crops and oil seed produced globally, and therefore the volume available for export, this overall upward trend has seen the total volume of global trade in these products rise over 50% in the last decade.

Trade Finance Global can help to structure bespoke financing packages that enable the expansion of trade in these commodities and support the complex journeys required to move them from processor to port and port to purchaser. As well as using conventional export factoring products to finance profitable ventures, TFG can assist with performance bonds or bank payment obligations to ensure that key processing and transport tasks required of third parties during the transaction are undertaken promptly and properly, guaranteeing a quality receivable for the purchaser.

The Government and Agricultural / Farm Finance

The government offers several sources of advice and financial support to farmers looking to export both within and beyond the EU. These schemes are operated jointly by both the Department for International Trade (DIT) and the Department for Environment, Food and Rural Affairs (DEFRA). More information is available here.