CommStream, the company that provides Australian farmers access to alternative capital for farm expansions and on-farm productivity, has appointed a new chief executive and and director of risk.
Start-up finance company CommStream Capital is seeking to raise $5 million from new investors.
Melbourne-based boutique Nash Advisory has been hired to help privately-owned CommStream cut a deal and introduce it to potential investors.
The surge of Russian wheat into Asian markets in recent years may have plateaued and is likely to ease back over coming years, according to United States Wheat Associates president, Vince Peterson.
World wheat stocks outside China, a figure particularly sensitive for prices, could end 2018-19 at their tightest in 11 years, the International Grains Council said, expanding on forecasts of a fall in output ahead.
It might seem logical to divert some of Australia’s $2.4 trillion of superannuation wealth into much-needed agricultural investments, but farmers pleading for a modest share of the national pension pool are mostly likely to be politely ignored.
As the mining boom slows, and issues such as food security, climate change and sustainability come to the forefront of global consciousness, a new opportunity is arising for Australian producers and manufacturers to position themselves at the forefront of the food and agribusiness revolution.
Wheat and barley prices are showing price volatility at levels not seen to this extent for three years, both domestically and internationally.
The 2016/17 harvest saw 10 year lows in grain prices, while the month of June and into July saw a rally of up to 30 per cent.
Growth in Australian pulse and grain exports to India is likely to continue in line with the country’s growing population and the percentage of protein in the average diet.
Arriving back from the Pulses 2017 event in Vancouver, Canada, Mr Storey said those in attendance, involved in the industry right across the globe, felt there had been a quantum shift in pulse supply and demand patterns.
“In the long term, up to 2025 and beyond, the outlook is very positive,” Mr Storey said.
“It is a consumer story and about changing behaviours, there is a transformation taking place in the way we think about food and a new focus on health, nutrition, affordability, sustainability, provenance and environment,” he said.
The fall in prices for old-crop Australian lentils is showing signs of slowing as stocks from the record 2016 harvest run down, and some exports continue to steer clear of Canadian old-crop and its quality problems.
VANCOUVER, B.C. — Red lentil markets are in gridlock, according to a panel of experts gathered at Pulses 2017.
“The Canadian supply may be short, while on the other hand destination markets are full,” said Farhan Adam, chief executive officer with Marina Commodities Inc.
“In short, it’s a standstill situation for Canadian lentils. The future now is in Mother Nature’s hands.”
World demand for staples such as wheat has been rising in line with population growth at about 1 per cent per year. Soyabean consumption has been accelerating at 5 per cent a year — even more than corn, the main beneficiary of an aggressive US biofuels programme.
It's finally starting to look like the world wheat glut has peaked.
Dry, hot weather from the US to Europe is taking its toll on crops, and the US government is forecasting global output will fall for the first time in five seasons. The adverse conditions have pushed benchmark futures in Chicago to their best start to a year in a decade, a stark reversal from the previous four years when burdensome supplies dragged down prices.
The hummus craze is hitting the heartland, with U.S. farmers preparing to sow more chickpeas than ever before.
Pulses have eclipsed barley’s long-held place as Australia’s second-biggest grain crop, 2016-17 Australian winter crop production figures show.
South East Asia has a taste for Australian wheat, securing 44 per cent of export volumes.
It is the largest and fastest-growing market for Australian wheat, importing $2.6 billion worth annually.
China is embarking on a major shift in its agriculture policy, abandoning its long-held obsession with self-sufficiency in favor of better meeting consumer demand, a key rural policy document shows.
Australia’s first agricultural streaming company, CommStream Capital, is in a strong position to benefit from the increasing demand from Australian farmers actively seeking growth-orientated finance models to fund expansion, on-farm infrastructure, new technologies, and innovation.
Today I am speaking with Simon Skerrett, COO and Co-founder of CommStream Capital Limited, Australia's first agricultural streaming company which partners with progressive farmers to provide capital solutions to fund productivity growth and innovation.
With drastic shortages of capital in Australian farming, CommStream leverages its industry expertise and relationships to bring farmers an overdue, innovative financing solution, which drives productivity growth and helps fund generational ownership transfers.
Agriculture is a fiscal giant of the Australian economy and a sector that demands significantly more investment.
But bank debt cannot, and should not, be relied upon to fund this investment by itself.