An eight part mini-series featuring agricultures most insightful minds throughout harvest 2022. Join us every Thursday for 15 minute fireside chats.
Nathan Cattle, Managing Director of Clear Grain Exchange: Building an independent and secure grain exchange
AgriDigital Co Founder Ben Reid is joined by Nathan Cattle, Managing Director of Clear Grain Exchange in the sixth episode of our eight part mini-series Harvestable. Clear Grain Exchange was owned and operated by NZX Limited, who operate the New Zealand Stock Exchange, from 2009 to 2016. Nathan shares his journey of taking the exchange private, backed by investment from Elders, and maturing from a start-up to a scale-up. In essence, they operate an independent and secure grain exchange enabling all buyers, sellers, and their agents, to bid or offer grain at their price in an open and transparent market with secure settlement. With a clear value proposition, Clear Grain Exchange's independence enables market efficiency, without bias, to encourage more buyers of Australian grain, and improve farm gate returns. In this fireside chat, Nathan shares with Ben some of the trial and tribulations along the way, and where value is being unlocked into the future. We hope you enjoy, and will see you next week for our second last episode.
Andrew Green, Truck Driver for David Knight Transport: Life on the move
AgriDigital Co-Founder Ben Reid is joined by Andrew Green, Truck Driver for David Knight Transport in the fifth episode of Harvestable season two. Based out of Monteagle, Central West NSW, Andrew joins us from his Kenworth B-Double heading north on the Hume Highway towards Newcastle. We were curious to find out what the week in the life of a truck driver looks like, and Andrew is generous with his insights. Covering upwards of 4,000 kilometres a week, he mostly carts grain from the west to the ports, across a 12 hour day. We chat pot holes, cabin set up, efficiencies of loading and unloading, and the best meals for the road. Andrew has a real passion for truck driving and enjoys the lifestyle it allows. We hope you enjoy this chat and would welcome any feedback or suggestions for grain supply chain participants you'd like to hear from.
Grace Quast, Writer, Photographer & Farmer: Harvest in pictures
AgriDigital Co-Founder and CEO Emma Weston is joined by Grace Quast a writer, photographer, and farmer alongside her husband David on their property Domang Farm, in Crooble, NSW. With harvest underway, we check in to chat about their mixed cropping enterprise which has inspired her creative pursuits and incredible visual diary of life on the land. Describing their full profile of black self-mulching soil as like running your finger along the top of a warm brownie, Grace shares that farming will always come first, especially in logistically challenging harvests like this year. A passion that started organically, using the farm as the perfect backdrop to learn the art of photography, Grace encourages getting started on your iPhone and not overthinking the process. An unintended positive outcome of authentically sharing their reality on Instagram, Grace and David have been able to attract great staff who've felt connected and comfortable before even stepping foot on Domang Farm. If you haven't already, we recommend you indulge yourself and explore some of Grace's work via Domang Farm and her personal Instagram account.
Jackson Morris, Manager of Acquisition and Domestic Trade, Premium Grains: What's happening in the WA grain market?
AgriDigital Co-Founder Ben Reid is joined by Jackson Morris Manager of Acquisition and Domestic Trade, Premium Grains, in the fourth episode of Harvestable season two. Based in Western Australia, Premium Grains is primarily a containerised grain exporter out of Freemantle, shipping to up to 10 different countries a week. In what Jackson describes as goldilocks years, Western Australia is expected to harvest close to 23 million tonnes of grain this year, levels similar to last. Discussing the simplicity of supply and demand logic, Jackson unmasks the layers of complexity in the supply chain thats created challenges for meeting global grain demand, despite the record supply. From domestic freight strain, to high container rates, this fireside chat provides a great overview of market and export dynamics.
Daniel Farrell, State Director NSW/ACT - Markets at NAB: Interest rates, inflation and credit markets
AgriDigital Head of Finance Henry Walsh is joined by Daniel Farrell State Director NSW and ACT of Markets at NAB in the third episode of Harvestable season two. Having spent the last decade working across NABs financial markets from retail businesses to the institutional space, Daniel joins us to provide perspective on the current interest rate, inflation, and credit market environment. In his current role, Daniel leads the strategic markets desk and regional and agriculture markets dealers. Chatting with Henry about the speed of change in interest and inflationary markets, he provides insight into what leading and lagging indicators will look like as fiscal and monetary policy decisions come into effect. Despite strong commitment from the RBA domestically to bring inflation back within targets, Daniel makes note that the confluence of international geopolitical challenges as being outside of our control and influential on market dynamics.
Campbell Roydhouse, Founder of Ceres Alpha: Macro view on the grains market, focusing in on Ukraine & Russia
AgriDigital Head of Finance Henry Walsh is joined by Campbell Roydhouse, Founder of Ceres Alpha for a bonus episode of Harvestable. A subject matter expert, Campbell has been working in agricultural markets for over two decades, with various roles at companies including Louis Dreyfus, Goldman Sachs and AWB. In this chat, he dives into the significant impact on the flow of commodities particularly wheat since the Ukrainian war started in March, and implications for the global market. Henry and Campbell discuss the complexities of fragmented and untrustworthy communication and what this has meant for market dynamics. Looking ahead, beyond the logistics of closed freight corridors, Campbell sees the bigger impact being the loss of acreage and labour shortages in Ukraine creating instability in the global wheat balance sheet.