Session timeout

Sorry, your session timed out after a long time of inactivity. Please click OK and Sign In again.


Agenda Overview

Briefing Day: Black Sea Forum: Tuesday, November 12, 2019

Black Sea Forum

10:00AM Welcome Address
10:15AM Stats & Facts - Analysis of the 2019 Harvest and Its Impact on the Black Sea Grain Trade

•    The winners and losers from the 2019 harvest
•    How do Russia, Ukraine and Kazakhstan fare in the 2019-2020 trading window?
•    Black Sea exports forecasts
•    An assessment of the Black Sea trading potentials 

Moderator: Svetlana Malysh, Black Sea Agriculture Markets Analyst, Refinitiv SA
Dmitri Rylko, General Director, IKAR
11:00AM Networking Coffee Break
11:30AM The Role of the Russian Union of Grain Exporters

•    The scope and mandate of the Union
•    How the Union supports and complements traders operations and the Russian agricultural policy
•    Forecasting the volume and impact of Russian exports 

Eduard Zernin, Deputy CEO, United Grain Company
12:00PM Production, Consumption and Stocks in the Black Sea

•    Update on each of the grain exporting countries
•    The structure of the Black Sea grain growers’ industry: origination challenges, risks and premiums
•    Prevailing trade lanes for the 2019-20 trading window

Ivanna Dorichenko, Managing Director, Tradaide
Swithun Still, Director, Solaris Commodities SA
Oleg Kryukovskiy, Head of Trading, GTCS Trading DMCC
12:45PM Networking Lunch
2:00PM 2019 Crop Quality and Market Potential

•    The 2019 crop quality in Russia, Ukraine and Kazakhstan
•    Overview of the wheat, corn and barley markets
•    Correlation between protein content and destination markets

Irina Sarycheva, Customer Care And Technical Governance Manager, Russia, SGS Russia
2:30PM Developing the Black Sea Infrastructure and Logistics

•    Bringing grain to market: the Black Sea infrastructure status quo
•    Update on the new infrastructure projects and investments in the region
•    Regions with major infrastructure deficiencies and their impact on the Black Sea grain trade

Moderator: Dr. Rouben Indjikian, International Consultant, Lecturer, Commodities & Trade Finance, Webster University Geneva
3:10PM The Strategic Significance of the Suez Canal for Black Sea Grain Traders

•    Understanding the importance and advantages of Egypt and the Suez canal 
•    Volume of trade through the region
•    Exploring the major regions who are currently using Egypt's trade corridor 
•    Outlining Suez Canal's incentives for dry bulk trade 
•    Latest Somali Piracy situation

Ahmed Elshazly, Senior Economic Researcher and Maritime Analyst, Suez Canal Authority
3:30PM Networking Coffee Break
3:55PM Black Sea Market for Grain Derivatives

•    Update on the CME Black Sea contracts
•    Hedging strategies available to Black Seas traders 
•    Overview of the OTC markets

4:50PM Closing Remarks
Svetlana Malysh, Black Sea Agriculture Markets Analyst, Refinitiv SA
5:00PM Networking Drinks Reception

Main Conference: Day 1: Wednesday, November 13, 2019

8:00AM Registration & exhibition opens
9:00AM Welcome Address
9:15AM Keynote Address – Grain Trade Projections: 2020 and Beyond

o    Assessing the 2019 production reports: what do they imply? 
o    What are the major barriers to trade in the foreseeable future?
o    How can traders extrapolate trends and forecasts for 2020? 

Dan Basse, President, AgResource Chicago
9:45AM Keynote Panel - Feeding the World: Supply Chain Transparency and Sustainability

•    How to achieve sustainability in the grain industry
•    The impact of new technologies on the trading sector
•    Strategies to manage disruptive changes

Moderator: Dan Basse, President, AgResource Chicago
Heber Cardoso, CEO Global Structure Commodities, ED&F Man Capital Market
Robert Van der Zee, Chief Operating Officer, Cefetra B.V
Eduard Zernin, Deputy CEO, United Grain Company
10:45AM Networking Refreshment Break
11:15AM The Consumer's Perspective: New Requirements for Suppliers

•    A food producer perspective on the farm to fork approach 
•    AB-InBev 2025 sustainability targets
•    The current measures for achieving a sustainable supply chain 
•    How traders and consumers can foster alignment through common sustainability objectives  
•    Opportunities for traders to gain a competitive advantage

Katie Hoard, Global Director of Agricultural Innovation & Sustainability, ABInBev
12:00PM CEO Interview
Stefan Vogel, Head of the Agri Commodities Markets Research Team and Global Sector Strategist for Grains & Oilseed, Rabobank
12:30PM Networking Lunch

Stream A – Exploring Financial Markets

2:00PM Forecasting Economic Trends and Quantifying Risk in the Grain Markets

•    Assessing geopolitical risks globally
•    Grain-specific risks: Weather and Climate Change
•    The implication of blockchain for trading houses – is technology the solution to all our problems?
•    The impact that currency fluctuation has on grain trading
•    How the financial markets price risks

Marc Ostwald, Global; Strategist & Chief Economist, ADM Investor Services International
William Nash, Associate Director of Risk Management for Grains & Oilseeds, Mondelez International
Maria Sol Arcidiacono, Country Manager Argentina, ED&F MAN CAPITAL MARKETS
2:50PM Hedging Exposure to Grain Price Volatility

•    Black Sea Grain Futures a year from launch
•    Contracts updates: Brazilian soybean; Black Sea sunflower oil, etc
•    Why OTC derivatives should be part of a risk strategy mix

Noah Faase, Global Risk Management Director, ABInBev
Iago Carvalho, Head of EMEA OTC Desk, ED&F MAN Switzerland Ltd
3:30PM Networking refreshment break
4:00PM The Changing Nature of Trade Finance

•    New sources of trade finance
•    Overcoming currency fluctuations and counterparty exposure 
•    Understanding different sources and models of financing transportation
•    To what extent is the role of the banks changing?

Moderator: Alain Butler, Senior Advisor Soft Commodities, BNP Paribas (Suisse) SA
Nabil Marc Abdul-Massih, CEO, INOKS Capital
Kees Vrins, Trade Director, Allseeds Switzerland SA
4:40PM Quantitative Trading: reconciling Capital and Physical Market Pricing

•    A brief introduction to quant financing
•    Futures and options market participants and strategies
•    Why are agri-contracts targeted by quants trading?
•    Do speculators affect futures pricing?


Stream B – Forecasting Regional Trade

2:00PM How Procurement Organisations Shape Trade Patterns in the Mediterranean and Middle Eastern Regions

•    How food security is defining a new role for governments
•    How dietary trends influence procurement strategies
•    Currency fluctuations and domestic price stabilisation
•    Spotlight on North Africa and the Middle East

Moderator: Arnaud Petit, Executive Director, International Grains Council
Cagatay Maras, Head of Trade, Turkish Grain Board (TMO)
Malak Al Akiely, CEO, Golden Wheat for Grain Trading
2:50PM Black Sea: New Trade Prospects

•    What margin of growth can be expected from the North African, Middle Eastern and Southern European markets?
•    Can new South East Asian routes be sustainable?
•    How consolidation within the market is shaping exports
•    What are the effects of the 2019 harvest quality on trade routes?

Swithun Still, Director, Solaris Commodities SA
Dmitri Rylko, General Director, IKAR
Petar Dimitrov, Founder And Director, Agricore
3:30PM Networking refreshment break
4:00PM Charting change in South East Asian Grain Value Chain and the Implication for the Regional Demand & Supply

•    The impact of the Australian drought  
•    Is there a limit to Brazilian export growth in the region?
•    How new dietary trends impact grain demand 
•    Assessing the regional corn value chain challenges 
•    Emerging opportunities in the nascent market of Laos

Fred Humberg, CEO, Agribrasil
Sumit Gupta, Business Manager, Gargaon, India, McDonald Pelz
Rodrigo Carcamo-Diaz, Economic Affairs Officer, UNCTAD
4:40PM How Shortages and Oversupplies in North American Markets Are Impacting Trade
  • How corn and soybean stocks are influencing farmers and traders strategies
  • What’s the future holds for North American exports?
  • Laws and rules: Trade disputes, international tenure, and food labelling
Rami H Taieb, Regional Director, Mea Region, Usgc, U.S. Grains Council
Mark D Jekanowski, Acting Chairman, United States Department of Agriculture (USDA)

Main Conference: Day 2: Thursday, November 14, 2019

8:30AM Registration & exhibition opens
9:15AM Welcome Address
9:30AM Agri-Markets: The Future of the System

•    Interconnections between agri-markets and arbitrage along supply chains
•    How the agri-system regulates itself
•    Challenges from consumer activism on diets and utilisation of resources
•    How business models need to adapt to new market imperatives

Alain Butler, Senior Advisor Soft Commodities, BNP Paribas (Suisse) SA
10:00AM The Weather Outlook

•    Assessing of weather patterns and their impact on the major planting regions        
•    Outlook on the Southern hemisphere harvesting season: El Nino and La Nina
•    An early outlook at 2020 growing season in the Northern hemisphere

10:30AM Networking Refreshment Break
11:00AM Gaining Advantages through Transportation: Seaborne Routes, Rates and Sizes

•    IMO2020 and impact on freight rates 
•    Cost efficiency for the Northern Brazilian ports
•    Market projections: which trade lanes will emerge in 2020

Moderator: Voytek Chelkowski, Managing Director, Seamind Pte Ltd
Alex Haubert, Manager, Ocean Freight, Amaggi SA
Fergus Garvin, Head Of Freight, Engelhart Commodities Trading Partners
12:00PM Assessing Grain Consumption: What to Expect in 2020?

•    2019 grain milling trends that will continue in 2020
•    Market outlook in 2020 for the consumption of wheat, corn, soybean and barley
•    The millers’ standpoint on traceability, food security and its labelling
•    Grain quality implication for food and feed products

Johny Boerjan, Vice-President Technical Governance, SGS Group Management SA
Mark D Jekanowski, Acting Chairman, United States Department of Agriculture (USDA)
Alexander Waugh, Director General, Nabim
Nick Major, President, FEFAC
1:00PM The Feed Market: How the Changing Demand Patterns Affect Grain Trade

•    How the African Swine Fever is affecting Chinese consumption
•    The Impact on the South East Asian region
•    Why is Russia producing record feed rations?
•    Outlook and opportunities for US exports in EMEA countries

Moderator: Nick Major, President, FEFAC
Robert Van der Zee, Chief Operating Officer, Cefetra B.V
Rami H Taieb, Regional Director, Mea Region, Usgc, U.S. Grains Council
1:45PM Closing Remarks

•    Who needs barriers? Expected trade developments in 2020
•    Rebalancing protectionism and globalisation
•    Is the compound animal feed market in need of deregulation?

Christiane Daleiden Distefano, Chair of WTO Committee on Agriculture, World Trade Organisation

Gold Sponsors

Silver Sponsors

Bronze Sponsors


Swiss Grain Traders

Supporter Sponsors

Media Partners