Easily see which loads are un-nominated. Destination site information. Freight charges information and calculations. Links to marketers pricing information. Estimate crops for coming harvest to enable site planning. Check quality information. Uniformly and consistently classified through Wheat Quality Australia (AQW) and Grain Trade Australia (GTA). Traded through global and domestic standard derivative markets by financial institutions and professional service firms that operate under strict financial market regulations. Marketing options through an extensive network of grain marketing organisations and platforms. For example, Clear Grain, Grain Brokers Australia, Agridigital. Effectively and objectively monitored and researched due to the large range of market information and price discovery sources to assist price transparency. Examples include, Daily Grain, Profarmer, MarketAg. Financed as a distinct commodity due to the ability of wheat to be centrally stored, insured and specified. Dispute Resolution and Arbitration Process GTA has a formal and fully developed dispute resolution and arbitration service for the grains industry. Price Discovery and Transparency The global wheat trade is characterised by strong price discovery, transparency and availability of risk management tools offered by financial institutions through the function of active, centrally cleared and standardised derivative markets trading on central exchanges like CBOT and the Australian Stock Exchange (ASX). Sources: Australian Horticulture For this case study the focus within the horticulture industry is vegetables. Marketing options and supply chain arrangements including forward contracts in the horticultural industry vary significantly depending on the product type, end target markets; either domestic or export, retail supermarket, food service sector or wholesale. Key Learnings Direct producer to processor-market relationships facilitate longer term forward contracts. Forward contracts require retail supermarket and or food service companies as end customer. Producers must meet high quality specification standards. Supply volumes are tightly regulated by the processor. Producers required to have strong farm quality assurance and food safety standards. No agents or middlemen involved in direct forward contracts.
Easily see which loads are un-nominated. Destination site information. Freight charges information and calculations. Links to marketers pricing information. Estimate crops for coming harvest to enable site planning. Check quality information. Uniformly and consistently classified through Wheat Quality Australia (AQW) and Grain Trade Australia (GTA). Traded through global and domestic standard derivative markets by financial institutions and professional service firms that operate under strict financial market regulations. Marketing options through an extensive network of grain marketing organisations and platforms. For example, Clear Grain, Grain Brokers Australia, Agridigital. Effectively and objectively monitored and researched due to the large range of market information and price discovery sources to assist price transparency. Examples include, Daily Grain, Profarmer, MarketAg. Financed as a distinct commodity due to the ability of wheat to be centrally stored, insured and specified. Dispute Resolution and Arbitration Process GTA has a formal and fully developed dispute resolution and arbitration service for the grains industry. Price Discovery and Transparency The global wheat trade is characterised by strong price discovery, transparency and availability of risk management tools offered by financial institutions through the function of active, centrally cleared and standardised derivative markets trading on central exchanges like CBOT and the Australian Stock Exchange (ASX). Sources: Australian Horticulture For this case study the focus within the horticulture industry is vegetables. Marketing options and supply chain arrangements including forward contracts in the horticultural industry vary significantly depending on the product type, end target markets; either domestic or export, retail supermarket, food service sector or wholesale. Key Learnings Direct producer to processor-market relationships facilitate longer term forward contracts. Forward contracts require retail supermarket and or food service companies as end customer. Producers must meet high quality specification standards. Supply volumes are tightly regulated by the processor. Producers required to have strong farm quality assurance and food safety standards. No agents or middlemen involved in direct forward contracts.
AEC%20DPIRD%20Sheep%20Forward%20Contracts%20v3.0_0.docx