Australian grain markets: Bumper crops, soaring prices | Bloomberg Professional Services
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Australian Grain Markets: Bumper Crops, Soaring Prices

Australia’s agriculture sector is set to top A$70 billion for the first time amid a bumper harvest and soaring grain prices—but forecasts warn that the good times won’t last. Agricultural gross value is predicted to reach a record A$73 billion in 2021-22, the Australian Bureau of Agricultural & Resource Economics and Sciences said in its September outlook report. Exports are also poised to reach an all-time high of A$54.7 billion, compared with A$49.7 billion estimated in June. Join Bloomberg, Australian Crop Forecasters, and the ASX as we dive into Australian grain market productions volumes, price trends and drivers, and exchange trade performance and benefits.

Speakers

James Maxwell

Senior Manager Insights

Australian Crop Forecasters

James Maxwell BSocSC – Senior Manager Insights Profarmer Australia and Australian Crop Forecasters. James has been with Profarmer and ACF for seven years. He currently manages a team of agricultural analysts producing leading analysis on the Australian grain industry, centred on pricing and production for Australian and international audiences. In a career spanning 15 years in the grain industry, James was previously responsible for running east coast logistics operations for the CBH Group.

Ian Waddell

Manager, Energy & Commodities

ASX

Ian joined the ASX in October 2018 as Manager for Energy & Commodities. His role is to develop the commodity product that is offered by the ASX and ensure it fits with their client needs. Ian leads the Grain product suite. He brings 25 years market experience with a focus on financial and commodity exchange traded derivatives, having previously worked for Bloomberg (8 years), JPMorgan (4 years) and Cargill (11 years). Ian worked in Paris and London before arriving in Sydney in 2014, and is now a proud Citizen of Australia.

Jagteshwar Singh

Commodities Market Specialist, APAC

Bloomberg L.P.

Jagteshwar Singh is a Commodities Market Specialist with Bloomberg LP, covering the APAC region. He works extensively with energy corporations, national oil companies and trading houses to drive strategies for growing their commodities business.

Previously, he was a Relationship Manager based in Singapore, where he managed key strategic relationships with merchants and corporations in Singapore. Jag has a Bachelors in Business with specialization in Finance and Marketing from the Singapore Management University.

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