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Mexican Agricultural Imports

How a Texas importer optimized 25 million MXN in monthly payments

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Industry:Agriculture

Client:Texas agricultural importer

Region:United States

25M MXN

Monthly Volume

$1–1.25M

Idle Funds

Background

A Texas agricultural importer supplies fresh cilantro and onions to US restaurants, sourcing weekly from Mexican farms. The company manages 25 million MXN in monthly payments, handling payroll and invoices in pesos while hedging currency risks.

Products Used

Overnight OrdersMXN Forwards with WindowUSD/MXN Options

Challenge

Weekly MXN spot transactions exposed the business to currency fluctuations straining profit margins
$1–$1.25 million USD sitting idle in a non-interest-bearing account
Difficulty securing favorable exchange rates through existing banking channels
Payment delays risking product quality and delivery timelines

Strategy

Overnight Orders to set strike prices for Take Profit or Stop Loss
MXN Forwards with Window capability allowing drawdowns from forward balances as needed
Flexible Pay-Advance structure for cash flow management
Fast SPEI wires for reliable, timely payments to Mexican suppliers

Outcomes

Proactive transaction monitoring via online platform with LIVE support
Flexible drawdowns from forward balances matching actual payment needs
USD/MXN Options providing access to favorable exchange rates
Eliminated payment delays improving supplier relationships

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