Eyre Peninsula Integrated Commodities. The service that EPIC provides is to: Establish the price discovery process for local EP produce and service Product.

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Presentation transcript:

Eyre Peninsula Integrated Commodities

The service that EPIC provides is to: Establish the price discovery process for local EP produce and service Product for sale and the location Buyer price offerings Data Collection Platform to match supply to demand A trade match or tender service Seller and buyer feedback loop on performance through a grower forum No advice is given that requires legal indemnity All decisions, negotiations and sale transactions occur outside the website

How does GrainXchange work? The grower can list warehoused grain for cash contracts The grower can list grain stored on farm for cash contracts The grower can list grain for forward cash contracts There are also cash deferred options you can select – NPE (“No Price Established”) comparative to a cash pooling product – CD (“Cash Deferred”) price established negotiated payment A target price can be nominated but is not compulsory Growers can check the highest daily buyer prices on GrainXchange and contact us if they wish to sell. Eyre Peninsula Integrated Commodities

GrainXchange is a service that protects and preserves identity and confidentiality Registration is only $ inc annually – On registration you will receive a password and login number Growers can also receive best daily bid via SMS for an extra $33.00inc annually, just select the best prices update when you register. –This option can be turned on and off as you wish –You only need to select this option if you wish to receive prices on your Mobile No Commission is paid on tonnages sold Eyre Peninsula Integrated Commodities

GrainXchange - What is the Process: Collection of grower’s product for sale through data entries. Buyers view the collection and bid through contacting EPIC It is your choice to accept or not accept the bid If you accept, a trade match is provided by EPIC to the buyer, this contains information relative to both parties. Also growers can monitor buyers bids and contact EPIC to seek a trade match to the buyer The buyer will be contacted to establish if the listed bid is still open If the buyer is still seeking tonnes at that price then a trade match will take place. Eyre Peninsula Integrated Commodities

On Farm storage: Information will be available on the website regarding: Treatment of grain and quality recording of treatment used and dates Correct procedure for sample taking KPI recording – working with transport logistics On Farm storage inspections prior to out loading are under consideration Eyre Peninsula Integrated Commodities