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Eyre Peninsula Integrated Commodities

Eyre Peninsula Integrated Commodities. 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

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Eyre Peninsula Integrated Commodities

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  1. Eyre Peninsula Integrated Commodities

  2. 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

  3. Eyre Peninsula Integrated Commodities 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.

  4. Eyre Peninsula Integrated Commodities GrainXchange is a service that protects and preserves identity and confidentiality • Registration is only $250.00 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

  5. 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.

  6. 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

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