MERCOP

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MERCOP

It is the Private-to-Private Trading Market (private companies, mixed economy and special regime), where those operations on agricultural, agribusiness or other commodities and services goods or products are executed. Learn the details of Mercop in section https://www.bolsamercantil.com.co/mercop.

You can view them in section https://www.bolsamercantil.com.co/mercop where you will find a simulator that will tell you how much it will cost depending on your budget.

It is the material exchange of agricultural, agro-industrial goods and services or other commodities. The Exchange has two trading modes under this model: Available and Forwards or Futures. Available Physical Operations are those operations whose delivery must be made within 30 calendar days following the date on which the operation was performed. Physical Forward Trades are trades whose delivery must be made after one month from the date on which the trade was made.

To view them, you must enter the https://www.bolsamercantil.com.co/mercado-de-compras-publicas section where you will find these bid prices and you can download and view them in PDF format.


 

They are operations with future delivery and (partial) payment in advance. The delivery must be made after 30 days and up to a maximum of 360 days after the transaction was carried out on the Exchange, as established in the contract conditions. It works under the support of Finagro's Agricultural Guarantee Fund (FAG) and the Colombian Mercantile Exchange. This mechanism offers a reliable and useful system that allows the seller of an agricultural product to receive an advance payment, and the buyer, to obtain the security of covering that payment.

It is a voluntary guarantee that can be used by the owners of goods who seek financing through the sale of their products under  Forward with Advance operations, which makes their product more attractive and, therefore, increases their liquidity. This guarantee covers up to 40% of the initial amount of the Forward operation that the producer receives as an advance for the maintenance of their crop and has a cost of 3% + annualized VAT.


 

The farmer looks for a Brokerage Firm and they review the marketing possibilities and the potential customers of said product. Validation is made that the farmer meets the requirements to access the FAG and the negotiation in the BMC, the negotiation is carried out in the BMC with the specifications agreed between the parties, three business days after the negotiation, the seller receives the advance payment to be able to support their crop, the seller delivers the merchandise in the time agreed and receives the remaining payment for their goods.

  • White rice 
  • Dry Paddy Rice 
  • Yellow corn 
  • White corn 
  • Cotton fiber  
  • Technically Farmed Coffee

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