"In a market with tight margins like in fresh produce, payments in local currency can make the difference"
Whether importing blueberries from Peru, avocados from Mexico, or strawberries from Egypt; Jerome de Graaf of StoneX sees that financial transactions are still very often paid in the 'major' currencies such as the euro and dollar. "Then you think you have made a good deal, but money is left on the line due to conversion costs because one is completely at the mercy of the whims of the local
FreshPlaza is one of the world's most well-known global media platforms for the fresh fruits and vegetables industry, providing its readers with the latest market developments and trends. The team of writers and editors source news from all over the world, and a daily newsletter is sent out with dedicated issues for North America, Latin America, Europe, Asia, Oceania, and Africa.
FreshPlaza is by nature an interactive concept that relies on the participation of its readers, where readers are encouraged to use the platform for publishing free press releases (500 words or less) and job advertisements.