an australian-based global livestock & food security
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18 October 2019
Tom Slaughter | David Reed
24 October 2019 | Confidential | agtrade.com.au | 1
An Australian-based global livestock & food security company
Corporate overview
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AgTrade Holdings:An Australian-owned global food security-focused businessLong-term producer relationships:
▪ We have developed long-term trading relationships with over 10,000 Australian primary producers and we agist high quality livestock on over 50 selected properties across Australia
▪ We have been investing in those long-term producer relationships and complex supply chains to connect Australian primary producers to profitable growing livestock export markets for over 45 years, trading as “AUSTREX”
▪ Today we have annual revenue approaching ~A$400 million
▪ We have a team of over 120 across Australia, onboard vessels and in key trading partner nations. A part-owned Indonesian subsidiary employs a further ~250 people.
▪ AUSTREX is now one of the largest livestock export businesses in the world and has built a brand synonymous with customer focus, quality, animal welfare, reliability and sustainability.
Our history
▪ AUSTREX was founded in 1973 and later became a division of the Packer family’s Consolidated Pastoral Holdings Group. In 2009 when the Packer family divested their pastoral businesses, AgTrade was formed to take AUSTREX private by way of management buy-out (MBO).
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1973 - 2019
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AgTrade Holdings (continued)
Max Slaughter (left) and Barnaby in Weipa, 2016
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The AgTrade Group continues to invest, through its ownership of AUSTREX and other businesses, in the livestock protein and genetics supply chain - with a focus on global livestock and genetics, meat products, animal feed products, feedlotting and meat processing.
▪ International customer relationships: We have developed long term successful trading relationships around the world. For example, since 2001, AUSTREX has supplied over 450,000 head of breeding cattle on over 110 vessels into China. Today, AUSTREX’s presence in China is unsurpassed, having achieved approximately 50 per cent global market share of breeding cattle into China for 2018.
▪ Diversification: We are geographically diversified, with AUSTREX and other operations in Australia, New Zealand, USA, Europe, Uruguay and Chile serving multiple destination markets including Japan, China, Taiwan, Indonesia, Vietnam, the Philippines, Turkey and the Middle-East.
▪ A track record of successful trades. Since 2004 AUSTREX has successfully exported over two million head valued at over AUD 3 billion, comprising of over 1500 shipments exported to 26 countries and sourced from 7 origins.
▪ A major global ship charterer. AUSTREX has circa annual global freight demand of approximately USD 50 million.
Sourcing locations
Delivered locations
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Our global reach
Since 2004, the AUSTREX platform has
sourced from 7 individual countries,
delivering over 1,500 successful consignments
to 26 countries globally.
Geographically
diversified
Supply:
▪ Australia
▪ New Zealand
▪ Uruguay
▪ Chile
▪ USA
Demand:
▪ China
▪ Japan
▪ Indonesia
▪ Vietnam
▪ Turkey
▪ USA
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Our brands
SOUTHERN
Southern Australia,
Elite Breeding & NZ
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Own Wagyu herd
(Tasmania)
Agricultural
commodity trading
Specialty
meat brands and trade
Indonesian feedlot
& meat processor
(Joint Venture, 41%)
NORTHERN
Livestock trading &
exports
Feeder/Slaughter
cattle from Northern
Australia
= Visit website
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INTERNATIONAL
USA, Uruguay,
Chile, Europe
STATE PROPERTIES
NSW 274
SA 360
TAS 577
VIC 3981
WA 285
Total 5477
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AUSTREX Southern AUSTREX SOUTHERN OPERATIONS sources cattle from over
5400 individual properties across Southern parts of Australia and
backgrounding across more than 50 properties, with annual
turnover in excess of AUD200 million.
Trades predominantly breeder cattle (beef and dairy) from
Southern Australia to Asia and global destinations. Growing sales
volumes sourced and delivered. Sophisticated protocols, custom
breeding programs and significant experience required to execute
successfully.
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TomGM Southern and International9 years with AgTrade/AUSTREX
Tom Slaughter has significant experience in Europe,
Russia and the Middle East to give him a strong
foundation in international trade and risk management
and has previously overseen an annual export volume of
70,000 head of high quality breeding cattle. He has
bachelor qualifications in Economics and Finance from
the University of Queensland and places a strong focus
on animal welfare, continuous improvement of efficiency
and quality across the export breeding supply chain.
STATE PROPERTIES
NSW 53
QLD 11
Total 64
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AUSTREX Elite Breeding
AUSTREX ELITE BREEDING sources
specialty livestock from 60+
properties across the Australian east
coast for the Japan F1 Wagyu market
and from 30+ properties in WA for the
Japan Holstein breeding market.
In China & other markets, we trade
elite cattle breeds, milking goats,
sheep, alpacas and genetics for
breeding purposes.
Annual turnover of circa AUD40m
contributes to the communities of
over 100 farming properties.
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DavidGM,AUSTREX Elite Breeding5 years with AgTrade/AUSTREX
David Reed oversees the Japan F1
Wagyu feeder and specialty dairy
breeder businesses, as well as
AUSTREX air freight business which
exports high genetic value breeding
cattle, sheep, milking goats and
alpacas to multiple markets. He
joined AUSTREX in 2014, having
previously worked with Fairfax Media
and Elders International, where he
developed a strong background in
agribusiness and international trade.
David grew up on a mixed farming
enterprise in Mid North South
Australia and has qualifications in
marketing through a Bachelor of
Management from the University of
SA.
ThriveAgri was founded in 2018 as a subsidiary of AgTrade International and a sister company of AUSTREX
(Australian Rural Exports Limited), one of the world's largest live animal export companies.
The original intention of establishing ThriveAgri was to manage and operate the feed supply chain for our sister
company AUSTREX, and in doing so, to provide stable and high-quality feed for AUSTREX's livestock, from
feeding at the farm, at the quarantine farm, on the vessel, at the destination quarantine farm and destination dairy
farm.
With the increasing feed demand of international customers, ThriveAgri’s next phase of growth is focused on
providing high-quality feed products for livestock suppliers in Australia and globally.
Linking animal welfare and nutrition
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Charlie Brown has worked in commodity markets for
more than 18 years and has qualifications spanning
Agribusiness, Export Management and Financial
Markets. He spent time in London and Switzerland
running a trading team for one of Europe’s largest hedge
funds and, in 2012, returned to Australia to trade grain
for Cargill.
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In 2018, Charlie joined the AgTrade
group to establish ThriveAgri, a
physical agricultural commodities
trading business supplying
nutritional feed products to global
livestock supply chains.
Charlie grew up on a mixed
farming operation on
Queensland’s Darling Downs.
CharlieGENERAL MANAGER - THRIVEAGRI
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Paradigm Foods
GRASS FED *A* & *S* BEEF
Grass Fed *A* and *S* Beef
Available both Chilled and
Frozen
Whole Primal and Retail packed
product available
PURE BLOOD &
F1 WAGYU BEEF
380 – 400 Days Grain Fed
F1 Wagyu x Angus
HGP Free
All Marble Score Available
RUSTIC FARMS
NATURAL BEEF
Certified Free Range, Grain
and Grass Fed
Hormone and Antibiotic
Free
MSA Graded
FREE RANGE PORK
Single-source family farm in
Qld
APIQ Certified Free Range,
RSPCA Approved
100% Natural Pork,
Hormone and Antibiotic Free
ICON WAGYU LEAD
GENERAL MANAGER
GOORALIE PORK LEAD
At Paradigm Foods we’re proud to facilitate the development of
sustainable branded beef and pork programs. By forming open and
transparent relationships, we build value for all of our supply chain
partners.
Paradigm Foods was established to leverage the history, strength
and stability of a truly global platform with specific focus on
procurement and supply chain distribution partnerships in Indonesia,
China and customers globally.
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PT Pramana Austindo Mahardika (PT PAM)Indonesia Joint Venture
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AUSTREX is part of a consortium including Indonesian operating partner PT Rumpinary Agro-Industry and Indonesian investment partner PT Labuan Mitra Tradatika which is acquiring Elders’ 8,200 head feedlot in Lampung and its abattoir in Bogor.
The joint venture partners of PT. Prama Austindo Mahardika (PT PAM)
Strong investment thematic:
▪ Active Population: fourth largest population in the world with 67%
between the ages of 15-64 and forecast to remain high at 66% by
2050.
▪ Rapid Urbanisation: by 2050, 71% of Indonesia’s population is
projected to live in urban areas, compared with 54% in 2015.
▪ Growing Middle class: Forecast to be ~24% by 2019 against only
9% in 2015.
▪ Beef consumption on sharp rise: ABARE forecasts Indonesian
beef consumption will increase by more than 200% by 2050 in
comparison to 2009.
▪ Opportunity for pull-through for live cattle trading business and
greater control on welfare.
▪ Captures superior margin across beef supply chain into Indonesia.
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Contact us T +617 3041 2800
F +617 3041 2820
W www.agtrade.com
A Level 8, 10 Eagle Street, Brisbane QLD 4000
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