trusova_natalya5@ukr.net<\/span><\/a><\/p>\nTrading in Derivative Financial Instruments in Agribusiness: A Development Vector under Military Instability and Integration into the European Economic Space<\/b><\/p>\n
Abstract. Introduction. <\/em><\/strong>The article examines the directions of development of trading in derivative financial instruments in agribusiness under the influence of military challenges, structural transformation of the agricultural sector, and integration of the national market into the European Economic Space. It has been established that russia\u2019s full-scale military aggression against Ukraine has intensified the use of futures contracts, forwards, options, currency and interest rate swaps as instruments for hedging price, currency, credit, and operational risks.<\/span><\/i><\/p>\nPurpose<\/i><\/b>. The purpose of the study is to investigate the directions of development of trading in derivative financial instruments in agribusiness as a factor in increasing the sustainability of agricultural entities and integrating the national market into the European economic space.<\/span><\/i><\/p>\nResults<\/i><\/b>. The current state of the use of derivative financial instruments in agribusiness is analyzed and the directions of their application in the production of grain, oilseeds, sugar beets and export activities are determined. It is substantiated that under modern conditions, derivatives are no longer simply instruments of stock speculation, but are transformed into a strategic mechanism for managing the financial risks of agricultural enterprises, ensuring income stabilization and increasing the invest-ment attractiveness of agribusiness. The state of the use of derivative financial instruments in agri-business is analyzed and the directions of their application in the production of grain, oilseeds, sugar beets and export are determined. It is proven that trading in derivative financial instruments in Ukraine is significantly inferior to the level of development of the markets of EU countries, the effectiveness of which is constrained by the low liquidity of the exchange segment, a limited range of standardized derivative contracts and the lack of a comprehensive state policy for the development of an organized futures market.<\/span><\/i><\/p>\nConclusions<\/i><\/b>. It is substantiated that derivatives are transformed into a strategic mechanism for managing financial risks of agribusiness entities, ensuring income stabilization and increasing the investment attractiveness of agribusiness. It is proven that commodity derivatives on grain crops, integrated with international exchange platforms, in particular the Euronext markets, have the potential for development. A model for using derivative financial instruments in agribusiness is proposed based on deepening cooperation with EU financial institutions, developing digital trading platforms, improving institutional infrastructure and mechanisms for guaranteeing exchange transactions. In-value trading in agricultural derivatives is able to ensure the financial stability of agribusiness entities in the process of post-war recovery.\u00a0<\/span><\/i><\/p>\nKeywords<\/i><\/b>: derivative financial instruments, agribusiness, futures, forwards, options, hedging, financial risks, exchange trading, agricultural market.<\/span><\/i><\/p>\nReferences<\/b>:<\/strong><\/p>\n\n- Dykha, M., Dykha, V. (2024). Instrumenty khedzhuvannia v upravlinni tsinovymy ryzykamy (na prykladi ahrarnoho i enerhetychnoho rynkiv Ukrainy) [Hedging instruments in price risk management (using the example of the agri-cultural and energy markets of Ukraine)]. Ekonomika Ukrainy, no. 3, pp. 19-35. doi: https:\/\/doi.org\/10.15407\/economyukr.2024.03.019.<\/span><\/li>\n
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[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received: 12 July 2026<\/span><\/strong><\/p>\n
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