annual report

201314

Department of
Agriculture and Food
Department of
Agriculture and Food

AEGIC is an initiative of the Western Australian State Government and

Australias Grains Research and Development Corporation
AEGIC is an initiative of the Western Australian State Government and
Australias Grains Research and Development Corporation
Introduction
Research Portfolios
Support Services
Our Organisation
Financial Statements

All contents copyright AEGIC. All rights reserved.

October 2014
The related bodies corporate, Directors and employees of AEGIC accept no liability
whatsoever for any injury, loss, claim, damage, incidental or consequential damage,
arising out of, or in any way connected with, the use of any information, or any,
error, omission or defect in the information contained in this publication. Whilst
every care has been taken in the preparation of this publication AEGIC accepts no
liability for the accuracy of the information supplied.
Contents

Introduction
Abbreviations and acronyms 2

Introduction 3
About AEGIC 4
Operating structure 4
About Australias export grains industry 6
Chairs Report 8

Research Portfolios
Partnerships in practice 10
Timeline 201314 highlights 20

Research Portfolios 23
Research Portfolio 1:
Strategic Market Intelligence Requirements and Opportunities (SMIRO) 24
Research Portfolio 2:
Grain Quality and Processing Technology Innovation (GQPTI) 30

Support Services
Support Services 39
Support Service 1: Communications and Information Services 40
Support Service 2: Economic and Supply Chain Analysis 47
Support Service 3: Supply Dynamics 50
Support Service 4: Grain Quality Testing Laboratories 53

Our Organisation 57

Our Organisation
Our Board 58
Our people 63
Corporate governance 65
Finance and administration 66

Financial Statements 67
Directors Report 68
Statement of Profit or Loss and Other Comprehensive Income 73
Financial Statements

Statement of Financial Position 74

Statement of Changes in Equity 75
Cash Flow Statement 76
Notes to the Financial Statements 77
Directors Declaration 82
Auditors Declaration of Independence 83
Auditors Report 84

ANNUAL REPORT 2014 1

 Abbreviations
and acronyms
Introduction

ABARES DMS NFF

Australian Bureau of Agricultural and Dimethyl sulphide National Farmers Federation
Resource Economics
DP NSW DPI
ACCWI Diastatic power New South Wales Department of Primary
AustraliaChina Joint Centre for Wheat Industries
DPE
Improvement
Diastatic power enzyme NWQRI
Research Portfolios

AEGIC National Wheat Quality Research

ECU
Australian Export Grains Innovation Innovation
Centre Ltd (ABN 37 160 912 032) Edith Cowan University
PAFMIL
AGSA ENSO
Philippine Association of Flour Millers
Australian Grain Science Association El Nio Southern Oscillation
PIRSA
AICD GGA
Primary Industries and Regions South
Australian Institute of Company Grower Group Alliance Australia
Directors GIWA PMA
APWN Grain Industry Association of Western Pilot Malting Australia
Australian Premium White Noodle Australia
QAAFI
Support Services

ARC GQPTI
Queensland Alliance for Agriculture and
Australian Research Council Grain Quality and Processing Food Innovation
Technologies Innovation
ASW SARDI
GQT
Australian Standard White South Australian Research and
Grain Quality Testing laboratories Development Institute
AWB
GRDC SMIRO
Australian Wheat Board
Grains Research and Development Strategic Market Intelligence
CBH Corporation Requirements and Opportunities
Co-operative Bulk Handling Ltd
ICC STIN
CIS International Association of Cereal STress INdex
Our Organisation

Communication and Information Science and Technology

Services UWA
JFMA
The University of Western Australia
CSIRO Japanese Flour Millers Association
Commonwealth Scientific and Industrial WAAA
LMA
Research Organisation Western Australian Agriculture Authority
Late-maturity alpha amylase
DA WQA
MAFF
Department of Agriculture Wheat Quality Australia
Japan Ministry of Agriculture, Forestry
DAFWA and Fisheries WUE
Department of Agriculture and Food, Water use efficiency
Financial Statements

MBQA
Western Australia
Malting and Barley Quality Australia
DEPI
MoU
Department of Environment and Primary
Industries, Victoria Memorandum of Understanding

2 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

Introduction Introduction
Research Portfolios
Support Services
Our Organisation

About AEGIC 4
Operating structure 4
About Australias export grains industry 6
Financial Statements

Chairs Report 8
Partnerships in practice 10
Timeline 201314 highlights 20

ANNUAL REPORT 2014 3

 About AEGIC Operating structure
Introduction

The Australian Export Grains Innovation Figure 1 AEGIC operating structure

Centre (AEGIC) is a research,
development and market intelligence
organisation focussed on enhancing the
competitiveness and value of Australias
export grain.
Support Service 1
Headquartered in Perth, Western
Australia, the Centre represents the Communications and information services
front door to Australias export grains
Program 1: Project extension
industry.
Research Portfolios

Program 2: Information dissemination and

AEGIC supports the trade and use of management
Australian grains across the world
Program 3: Capacity building
through cutting-edge grain quality and
processing technology and market Program 4: Corporate communications, marketing
research innovation. and promotion

Key clients include stakeholders across

the supply chain ranging from Australian
Support Service 2
grain producers, plant breeders,
marketers and traders, to millers, Economic and supply chain analysis
processors and consumers.
Program 1: Analysis to determine industry
AEGIC provides national leadership value of R&D initiatives and market
Support Services

and enables collaboration and capacity opportunities

building in Australias export grain Program 2: Export grains supply analysis and
industry with the end goal of returning value capture opportunities
enhanced value to grain producers.
The Company was established in
November 2012 by the Grains Research
and Development Corporation (GRDC)
and the Western Australian State
Government, through the Department of
Agriculture and Food, WA (DAFWA). Each
founding member will contribute $20 About AEGIC video
Our Organisation

million to AEGIC over five years.

AEGIC is a not-for-profit public company
limited by guarantee and operates
under the direction of a Board of
Directors consisting of the Chair and
three non-executive Directors. Executive
management is carried out by a Chief
Executive Officer.
AEGICs vision is to enhance the
international competitiveness and value
of Australian export grains through
Financial Statements

science, technology and innovation.

4 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
Research Portfolio 1

Research Portfolios
Strategic market intelligence, requirements Support Service 3
and opportunities
Program 1: Strategic market intelligence Supply dynamics
requirements and opportunities Program 1: Seasonal grain production, quality
estimation and reporting

Research Portfolio 2
Support Service 4
Grain quality and processing technology
innovation Grain quality testing laboratories
Program 1: National wheat quality research and Program 1: Grain quality testing services
innovation

Support Services
Program 2: Malting and barley quality Australia

Our Organisation
Financial Statements

ANNUAL REPORT 2014 5

 About Australias export grains industry
Introduction

During 201314 the value of Australias

grain exports exceeded $10 billion
with wheat accounting for $6.09 billion
followed by canola ($1.93 billion) and
barley ($1.83 billion).
South east and northern Asia remain
the largest markets for Australian grain.
This is not expected to change as living
standards improve and diets change to
Research Portfolios

include a greater percentage of foods

that are safe and healthy which includes
grain based products.
The Middle East and North Africa (MENA)
markets still continue to be major
buyers of Australian grains especially
Iraq, Yemen, Sudan and Iran. Given
Australias proximity to the Asian and
Middle East regions Australia is in South east and north Asia remain the largest Through such endeavours Australias
an ideal position to take advantage markets in terms of volume and value for export grains sector will become
of these growing markets provided Australian grain. increasingly customer driven and
the industry works to maintain its consequently will be in a strong position
reputation for producing high-quality Australia will always be a high cost
Support Services

to meet the growing demand for grains

grain products that meet client needs. producer and therefore it needs to
in markets across the world.
understand the changing needs of
The Middle East and Asian markets consumers, be innovative and seek out
are attracting increased attention from opportunities which provide the best
Australias competitors which includes returns to growers.
established suppliers such as the United
States and Canada, as well as suppliers To achieve this AEGIC continues its
from the Black Sea, South America and comprehensive market engagement
India. Australia cannot be complacent and reporting role. The resulting market
nor rely on its reputation in order to intelligence directs and prioritises
maintain its current position in key AEGICs grain quality research and
markets. development all with the goal of
providing a product that best meets its
Our Organisation

customers requirements.

Figure 2 Major markets for Australian wheat 201213 Figure 3 Major markets for Australian barley 201213

Market mmt Market mmt

Indonesia 3,719,872 China 1,765,502
China 1,492,329 Saudi Arabia 1,701,901
Vietnam 1,469,653 Japan 966,853
Financial Statements

Yemen 1,069,653 Kuwait 175,326

Iraq 958,222 United Arab Emirates 129,742
Malaysia 957,920
Korea 909,895
Japan 877,659
Iran 848,699
Nigeria 554,253

6 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
Figure 4 Major markets for Australian canola 201213 Figure 6 Major markets for Australian faba beans (whole) 201213

Market mmt Market Tonnes

China 946,924 Egypt 249,267
Belgium 660,042 Saudi Arabia 56,361
France 358,761 UAE 18,597
Germany 354,020 Indonesia 17,632
United Arab Emirates 260,333 Lebanon 8706

Research Portfolios
Figure 5 Major markets for Australian field peas (whole) 201213 Figure 7 Major markets for Australian lupins (Sweet and Albus) 201213

Market Tonnes Market Tonnes

India 60,937 South Korea 111,535
Malaysia 15,815 Netherlands 55,939
Bangladesh 8095 Egypt 23,790

Support Services
Fiji 5206 Spain 12,977
Belgium 4646 Philippines 3,273

Figure 8 Major markets for Australian chickpea (whole) 201213

Market Tonnes
India 217,164

Our Organisation
Bangladesh 182,722
UAE 61,980
Pakistan 54,429
Nepal 15,549
Financial Statements

ANNUAL REPORT 2014 7

 The application of science backed up by sound market
understanding is the strategy likely to have most impact in
retaining and expanding our export market share.

Chairs Report
Terry Enright
Introduction

I am pleased to present my first It is in this context and with reference

Chairmans Report after being appointed to the original vision for AEGIC, that the
to the position in April 2014. Board has refined the direction of the
organisation.
Since taking up the role I have been
fortunate to meet with a wide range
of national and some international The year in review
Research Portfolios

stakeholders, discussing the vision The year 201314 has been one of
behind AEGIC and its intended role. progress, innovation and consolidation
The resounding consistent message for AEGIC as the organisation moved out
from all quarters is that the sector of the planning phase and commenced
needs to work together to rise to the work in the delivery stage.
contemporary and future challenges of The AEGIC Strategic Five-Year Business
Australias export grains industry. Plan, completed during March, details
Collaboration, communication and the focus, objectives and strategic
avoiding duplication is the key message. activities for this next stage.

Encouragingly the majority were in Importantly the plan maps the way for
support of AEGICs plans to assist AEGIC to deliver value to stakeholders
Australian grain producers; international
Support Services

to ensure Australias grains retain

customers of Australian grain;
their market-share and value in key
researchers and plant breeders.
overseas markets.
Complementing strategic planning
The challenges in maintaining and
efforts is the AEGIC 201415 Operational
ideally growing Australias export market
Plan which outlines significant
share are not insignificant.
deliverables for the year ahead.
Australias major markets such as South
Im pleased that to date AEGIC
East Asia, China, Japan and Korea are
is delivering strongly against the
dynamic.
determined key performance indicators
As a grower and a long-time industry of its key programs.
representative I understand the value
Our Organisation

and role of grain quality. While growers Collaborative milestones

productivity and profitability are
driven by many factors, access to the Within the pages of this report you
highest paying markets is essential if will read about AEGICs successes and
we are to compete with international achievements during 201314.
competitors. Of strategic importance is AEGICs
Changes in end-product preferences partnerships with industry. AEGICs
and the increasing sophistication of members, the GRDC and DAFWA, set
processing and product discernment are a strategic objective for AEGIC to
changing the functionality requirements collaborate across the supply chain.
of our grain. As of 20 September AEGIC had 22
Financial Statements

The increase in productivity and change collaborations in place with a mixture

in government policies of emerging of public, private, national and
competitors such as the Black Sea and international organisations.
India are providing other options for Some examples include:
international grain buyers.
AEGIC and the Department of Primary
Domestically, production costs and Industries Victorian are collaborating
seasonal stresses remain ever present. on grain quality research and
development market intelligence

8 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
gathering activities. The partnership As such comprehensive recruitment Despite the change in personnel the
increases AEGICs national footprint and performance management Board has continued to guide AEGIC in
and delivers efficiencies between processes were implemented during accord with the Strategic Plan and to
federal and state activities. 201314. Regular HR updates; skill rise to the challenges that confront it.
AEGIC and Murdoch University development opportunities and
I thank Directors Matt Macfarlane,
are teaming up to build scientific ongoing internal communications are
Stephen Marshall and Dr Bruce Lee for
capacity in grain chemistry research. also designed to keep staff engaged; their ongoing contribution, innovation
The joint Grain Protein Chemistry informed and productive. and counsel. I also recognise the
Capacity Building Program has seen The establishment of AEGICs five outstanding efforts of AEGICs company
the appointment of a Professor of secretary Peter Wells.

Research Portfolios
values guide the teams approach to all
Grain Protein Chemistry and a skilled they do. These values are Innovation;
team of researchers. The mandate is Integrity and Respect; Collaboration; Our Members
to study the role grain proteins have Excellence and Leadership.
in end-product functionality. AEGIC has continued to work with our
On behalf of the Board I acknowledge founding members the GRDC and DAFWA
AEGIC is also working with
the efforts of AEGICs team during to deliver on their intended purpose for
international baking technology
the year and thank them for their AEGIC. I thank Richard Clark, John Harvey,
company BakeTran as part of AEGICs
professionalism and progress to date. Dr Steve Thomas (GRDC), Rob Delane and
Australian Wheat for Asian Baking
Dr Mark Sweetingham (DAFWA) for their
project. This project is comparing the
baking performance Australian wheats The Board support and collegiality.
with wheats of other origins under At a Board level AEGIC underwent
Asian baking systems and applying To the future
significant change during 201314.

Support Services
science to improve performance. The challenges that confront our export
On March 31 Robert Sewell stepped down
Targeted, productive collaborations will grains industry are real but they are
from the position of Chair. I acknowledge
be instrumental in AEGICs success and certainly not insurmountable.
Roberts outstanding efforts as the
the bigger picture of enhancing the inaugural AEGIC Chair in establishing I believe the proven ingenuity of
international competitiveness and value the company and developing a research growers, researchers, marketers, and
of Australias export grains. program aimed at enhancing the value of policy makers, will ensure our industry
A comprehensive summary of AEGICs our export grains sector. continues to evolve and mould to the
demands of the future.
collaborations can be found on page 10. Richard Price also completed his
tenure as Managing Director with the The application of science backed up
The team company during May. I thank Richard by sound market understanding is the
for his efforts on the considerable task strategy likely to have most impact
The expertise and dedication of the

Our Organisation
of setting-up a new organisation such in retaining and expanding our export
AEGIC staff has certainly propelled the market share.
as AEGIC and providing leadership and
achievements of the organisation to date.
direction to the AEGIC collective. AEGICs strategy will continue to focus
As AEGICs focus became clearer the on collaboration with all sections
On behalf of the Board I wish Richard
required resources were determined of the grains industry to assess the
and Robert the very best in their future
and since July 2013 the number of AEGIC requirements of our export customers.
endeavours.
staff has grown from 17 to 28.
David Fienberg commenced as AEGIC We will facilitate R&D to assist plant
The team is made up of a diverse cross- breeding companies, growers and
Chief Executive Officer on 22 September
section of skills including wheat and marketers to deliver quality grain to
and will be working closely with the
barley quality scientists (cereal chemists), meet market specifications and will work
Directors on the delivery stage of the
economists, meteorologists, market and closely with Wheat Quality Australia to
Financial Statements

Boards Five-Year Plan.

trade analysts, communications and ensure the classification of new wheat
finance professionals. David brings an impressive cross-section varieties reflect market requirements. This
of skills to the role including food is particularly important as wheat remains
As at 20 September the collective
technology, grain science and business the grains industrys largest export crop.
included seven PhDs and two Professors.
management experience.
I encourage you to read on to learn
Retaining and nurturing our human
David is the immediate past General about AEGICs achievements, plans
resources is of paramount importance to
Manager/Chief Executive Officer of and role in Australias dynamic grains
the AEGIC Board.
Perth-based Lupin Foods Australia. industry.

ANNUAL REPORT 2014 9

 AEGIC boasts diverse strategic partnerships with national, international,
public and private entities.

Partnerships in practice
Introduction

A priority for AEGIC during 201314 was

to establish collaborative national and
international partnerships to assist in
delivering on its research agenda.
AEGICs funding members, the GRDC and
DAFWA, also set a strategic objective
for AEGIC to collaborate across the
supply chain to deliver on the purpose
of supporting the trade and use of
Research Portfolios

Australian grain across the world and to

minimise duplication in the sector.
Significant progress has been
made in achieving these objectives
and AEGIC now boasts diverse,
strategic partnerships with national,
international, public and private
entities. Examples of these partnerships
are outlined in the pages ahead.
Support Services

AEGIC is collaborating across the supply chain

to achieve its research objectives.
Our Organisation

Figure 9 AEGIC strategic collaboration growth 201314

Number of strategic collaborations finalised

25

20

15
Financial Statements

10

0
Jul 13 Sep 13 Nov 13 Jan 14 Mar 14 May 14 Jul 14 Sep 14
Month

10 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

Figure 10 AEGICs national collaborations

Introduction
Qld

WA
SA
NSW

Vic
NEW SOUTH WALES WESTERN AUSTRALIA
NATIONAL
Department of Primary Industries NSW Murdoch University
GRDC

Research Portfolios
Collaboration on Understanding Grain Joint AEGIC/Murdoch University Grain
South East Asian Quality and Market Requirement Protein Chemistry Capacity Building
market intelligence research project Forums Program to investigate protein
Pilot Malting Australia commercial signatures and their end-use suitability
Dissemination of yield and forecasting
validation project information Curtin University
Grain Growers Limited Centre for Crop and Disease
Collaboration on GRDC South East Asia VICTORIA Management AEGIC
market intelligence research project Department of Environment & Primary Adjunct Professor Grain Value Analysis
Collaboration on Understanding Grain Industries, Victoria Collaborative research to increase the
Quality and Market Requirement Formalised MoU to collaborate on opportunity for Australian oats for
Forums grain quality research and market China
intelligence activities with a focus on
Australian Oilseeds Federation
the Middle East and Asia Edith Cowan University
Collaboration on Understanding Grain Pilot Malting Australia facility

Support Services
Quality and Market Requirement
Forums SOUTH AUSTRALIA CBH Group
Joint facilitation of EU canola workshop University of Adelaide Grain Quality Courses for CBH grain
and report generation Barley breeding research quality managers and receival point
operators
Wheat Quality Australia Primary Industries Research South
Collaboration on Understanding Grain Australia University of Western Australia
Quality and Market Requirement Collaboration on Understanding Grain Professor of Agricultural Economics
Forums Quality and Market Requirement
Forums Department of Agriculture and Food,
Department of Agriculture Western Australia
Australia-China Agricultural Service agreement for the operation of
QUEENSLAND
Cooperation Agreement (ACACA) the Grain Quality Testing laboratories
Department of Agriculture Fisheries and
Programme Australian oats exports Collaboration on investigation of Chinas
Forestries, QLD
to China oats requirements

Our Organisation
Collaboration on Understanding Grain
Pulse Australia Quality and Market Requirement Grain Industry Association of Western
Collaboration on Understanding Grain Forums Australia (GIWA)
Quality and Market Requirement MoU to collaborate on projects of
Queensland Alliance for Agriculture and
Forums mutual benefit
Food Innovation
Wheat and barley quality research Noodle wheat working group
InterGrain
Grain quality testing
Financial Statements

ANNUAL REPORT 2014 11

 Financial Statements Our Organisation Support Services Research Portfolios Introduction

12
AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE
 Figure 11 AEGICs international collaborations

Introduction
China

Academy of State Administration of Grain

(ASAG)
MoU to co-operate on grain quality and
processing research
Seamild and Curtin University
Collaboration on the quality and

Research Portfolios
Canada processing properties of Australian oats
and potential for new novel end-products
Tsingtao Brewery
Agriculture and UK Preliminary R&D activities focussed on
Agri-Food Canada malt and wort flavour
Pressure and sea surface
temperature testing for BakeTran (UK)
El Nio predictions Baking technology
Joint research program
Japan
research as part of
with DAFWA and the the Australian
Canadian Grain Commission Wheat for Asian
investigating the impact of Bread Innovative Japanese Flour Millers Association
crop inputs on barley Technology Package Biennial sensory testing and training visit
malting quality by JFMA representative
Ministry of Agriculture, Forestry and Fisheries

Support Services
Workshop and seminar on noodle wheat
Mitsui & Co. (Japan)
Evaluation of wheat varieties for the
manufacture of udon noodles

Meo Solutions
Ensuring access to Philippine Association of Flour Millers
EU canola Market Information exchange including a
visit to Australia by executive director
Mr Ric Pinca

Europe

Our Organisation
Philippines

Worldwide Bogasari and Eastern Pearl Flour Mills

Collaborations with Austrades international Business
Baking comparison trials
Development offices to identify and engage priority markets.

Indonesia
Financial Statements

ANNUAL REPORT 2014 13

 Partnerships at work case studies
Introduction

Collaborator: Murdoch University, Western Australia

Project: Grain Protein Chemistry Capacity Building Program
Effective date: July 2013

During July 2013 AEGIC and Murdoch Importantly the project will bolster
Purpose University entered into a partnership to Australias grain protein academia with
establish the Grain Protein Chemistry the appointment of Professor Wujun
To investigate grain protein
Capacity Building Program. Ma as the Professor of Grain Protein
signatures and their role in
Chemistry. The program is supported by
end-product performance Based at Murdoch Universitys Perth
three post-doctoral positions and PhD
with the goal of improving campus, the Australian-first research
Research Portfolios

students.
the functionality of Australian program is focussed on investigating
grains. protein signatures and their end-use The Programs research outputs will also
To build academic capacity in suitability. provide valuable input into the Murdoch
grain protein chemistry. University-led AustraliaChina Joint
The initiative has established a research
Centre for Wheat Improvement (ACCWI).
centre and academic agenda focussed
on the functional proteins of Australian The Grain Protein Chemistry Capacity
grain for key end-products in our major Building Program was launched
export markets. during August 2013 in front of a
gathering of eminent cereal scientists
The Programs initial focus is on baking
at the International Cereal Chemistry
quality but will expand to include
Conference in Fremantle.
noodle quality, malting barley, and
Support Services

other grain foods with health or high- See page 32 for an outline of the
value uses. Programs research achievements during
201314.
Our Organisation

AEGIC Chairman Terry Enright, former

Managing Director Richard Price, Professor
Wujun Ma, post-doctorate appointment Dr
Hollie Webster and ACCWI Chairman Prof Rudi
Appels celebrate the Programs achievements
during April 2014.
Financial Statements

14 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
Collaborator: Department of Environment and Primary Industries (DEPI), Victoria
Memorandum of Understanding: Market intelligence and grain quality research
Effective date: November 2013

During November 2013 AEGIC and DEPI, Achievements

Purpose Victoria entered into a Memorandum of During 2014 AEGIC and DEPI teamed
Understanding (MoU) to facilitate the up to host a one-day Understanding
To collaborate on grain quality flow of AEGICs market intelligence to Grain Quality and Market
research, market intelligence Victorian grain producers. Requirements Forum in Horsham
activities and capacity-building Victoria for grain producers, advisors,
opportunities. Under this agreement DEPI and

Research Portfolios
grain traders and marketers, and
To extend AEGICs national reach. AEGIC are providing the industry with
agribusiness professionals. Feedback
information about: quality requirements
from the Forum revealed, on average,
of specific markets; crop yield and
participants rated the day four out
quality estimates; and the emergence of
of five in terms of increasing their
new markets and niche opportunities.
understanding of grain quality.
The two agencies are also collaborating A major market for Victorias $2 billion
on grain quality research and export grains industry is the Middle
development and share expertise, East. AEGIC and DEPI have investigated
particularly in regards to Asian and the status of Australias market in
Middle Eastern markets and pulses. Saudi Arabia and the opportunities
At the core of the partnership is the that may exist. The findings of this
research was published during August

Support Services
objective of both DEPI and AEGIC
to return increased value to grain in AEGICs second Global Grains Series
producers. report.
A follow-up report on opportunities
The partnership also assists with AEGICs
in the wider Middle East North Africa
nation-wide engagement.
region is planned.

Our Organisation
DEPI Deputy Secretary James Flintoff and
former AEGIC Managing Director Richard Price
sign off on the MoU between the two entities.
Financial Statements

ANNUAL REPORT 2014 15

 Partnerships at work case studies continued
Introduction

Collaborator: Grain Growers Limited, Australia

AEGIC first worked with Grain Growers Feedback from the Forums found, on
Purpose Limited (GGL) during February 2013. The average, participants rated the events
two parties collaborated with Austrade four out five for enhancing their
To gather and report on market
to successfully deliver a seminar in understanding of grain quality and its
signals and intelligence in South
Jakarta titled Increasing competitiveness impacts on the end product.
East Asia.
through innovation. The workshop was
AEGIC and GGL are currently
Research Portfolios

To develop industry-good targeted at Indonesian flour millers and

initiatives. collaborating on a GRDC-supported
wheat buyers and aimed to promote the
project to gather and report on market
quality and functionality of Australian
signals and trends in South East Asia.
wheat for Indonesias changing end-
product requirements. AEGIC is now
working with Indonesian flour millers
on the Australian Wheat for Asian
Baking project which will include a
week-long technical exchange at AEGIC
headquarters during November 2014.
During March and April 2014 AEGIC
and GGL again teamed up to host five
Support Services

Understanding Grain Quality and Market

Requirement Forums across the country,
including in Goondiwindi, Narrabri,
Wagga Wagga, Horsham and Adelaide.
The one-day events were targeted at
grain producers; traders and marketers;
researchers; and agribusiness.
Our Organisation

AEGIC and GGL teamed up with other industry

bodies to host an Understanding Grain Quality
and Market Requirement Forum roadshow
during March and April for producers and
advisors. Pictured from left are Dr Siem Siah,
Grain Growers Limited; Dr Larisa Cato, AEGIC;
Brian Kearns, DEPI; Russell Eastwood, AGT; and
Susan Findlay-Tickner, DEPI and GRDC Southern
Panel.
Financial Statements

16 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

Collaborator: BakeTran, United Kingdom

Introduction
Project: Australian Wheat for Asian Bread Innovative Technology Package
Effective date: April 2014

AEGIC has joined forces with the Having built a successful career on
Purpose UK-based organisation BakeTran as helping people develop new solutions
part of the Australian Wheat for Asian to the products and processes in the
To support AEGICs technical
Bread Innovative Technology Package. baking industry, Stan is excited to
endeavours in identifying new
be collaborating on AEGICs project
bread-making models. The objective of this project is to
Australian Wheat for Asian Bread
identify novel approaches to bread
Innovative Technology Package.
mixing and baking models by measuring

Research Portfolios
dough rheology and defining dough The project involves understanding
development. The outputs will assist market requirements and acceptability
Australian wheat breeders and of current Australian wheat varieties
producers to better target varieties with as well as studying dough mixing and
unique bread-making potential for South processing.
East Asian markets.
During June 2014 AEGICs Dr Larisa Cato
Operated by Stan Cauvain, BakeTran and Roslyn Jettner joined Stan on a
specialises in providing technical delegation to Indonesia where they
solutions, advice and expertise to carried out baking trials with Australian
support product development, process wheats and those of other origins at
innovation and quality optimisation Bogasari and Eastern Pearl flour mills.
for bakers, millers and ingredients and

Support Services
The preliminary tests have allowed
equipment suppliers.
AEGIC to assess the performance
Stan is highly experienced in of Australian wheat in Indonesias
researching and developing new baking baking systems compared with that of
technologies, transferring technologies Australias major competitors the US,
to industry and deploying the new Canada and increasingly, nations in the
processes on an industrial scale. Black Sea region and Russia.

Our Organisation
AEGICs Dr Larisa Cato (left) and Roslyn
Jettner (second from right) collaborated
with BakeTrans Stan Cauvain (right) and
Bogasaris Herni Sutanto (second from left) on
baking assessments.
Financial Statements

ANNUAL REPORT 2014 17

 Partnerships at work case studies continued
Introduction

Collaborator: Seamild Food Group, China and Curtin University

Project: Creating export opportunities and value for Australian milling oats in the Chinese market
Effective date: September 2014
China is the third largest importer of AEGICs Creating export opportunities
Purpose oats in the world. During 2013 China and value for Australian milling oats
was one of the largest markets for in the Chinese market project is
To understand the quality Australian oats with imports increasing investigating and reporting on the
requirements of Australian oats four-fold when compared with the growth in demand for oats in China
for new Asian food products. previous five years. and interpreting changes in the quality
To establish Australia as Chinas requirements for new, non-traditional
preferred supplier of quality AEGIC, in partnership with Western
Research Portfolios

oaten food products.

milling oats. Australias Curtin University, is
collaborating with the Chinese AEGICs relationship with Seamild
company Seamild Food Group, a is a key component to building this
leading manufacturer and retailer of understanding and knowledge.
oat-based food products on mutually-
The goal is to further propel the demand
beneficial, milling-oats-related research
for Australian milling oats in China
and development activities using
resulting in increased industry export
Australian oats.
volume and value for Australia oat
During November 2013 Seamild producers.
President Quing Kui Xie visited AEGICs
Perth headquarters to view oat research
innovation in action. During March 2014
Support Services

AEGIC led an Australian oats-industry

delegation to China liaising closely
with Seamild and other oat-processing
stakeholders.
The relationship culminated in
September 2014 in a week-long technical
exchange between AEGIC, Curtin
University and Seamild in Perth, where
four Seamild representatives learnt more
about the processing and functionality
capability of Australian oats.
Our Organisation

Seamild representatives compare wheat

flour and a wheat-oat flour blend for the
production of Chinese noodles in a technical
visit to AEGIC during September 2014.
Financial Statements

18 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
Collaborator: China Academy of State Administration of Grain
Project: Opportunities for Australian wheat in China
Effective date: September 2014

In Beijing during September 2014 AEGIC Federal Minister for Agriculture, Hon
Purpose signed a landmark Memorandum of Barnaby Joyce witnessed the signing of
Understanding (MoU) with Chinas the MoU in Beijing.
To better understanding Chinas
Academy of State Administration of
grain requirements. AEGIC enjoys other established
Grain (ASAG).
To increase the value and relationships with grain purchasing and
volume of Australian grain The agreement outlines Australia flour milling organisations in China, and

Research Portfolios
exports to China. and Chinas plans to co-operate on continues to develop new relationships,
grain quality and processing research independent of this MoU.
targeted mainly at wheat but also other
Australian export grains.
The objective of this work is to increase
the value and volume of use of
Australian grain in China.
This MoU is significant as it moves the
previous WA state-based relationship
to a national co-operation platform for
grains research and innovation between

Support Services
Australia and China.
The collaboration offers significant
opportunity for knowledge-sharing and
technical transfer between agricultural
scientists in both countries, with the
aim of increasing export grain volume
to China and value for Australian grain
growers.

Our Organisation
AEGIC General Manager Simon Johnson (front
row centre) signs an MoU with Chinas
Academy of State Administration of Grain
to collaborate on grain quality research
and development watched on by Australias
Minister for Agriculture, the Hon Barnaby
Joyce MP.
Financial Statements

State Administration of Grain

ANNUAL REPORT 2014 19

 Timeline 201314 highlights
Introduction
Research Portfolios

July 2013 August 2013 September 2013 October 2013 November 2013
AEGIC connects AEGICs first Wheat and AEGIC exhibits at A Memorandum of AEGIC signs a MoU
with producers and Barley Quality Course Dowerin (WA) and Yorke Understanding (MoU) is to collaborate with
agribusiness with is delivered to 20 CBH Peninsula (SA) field days. signed between AEGIC the Grain Industry
a trade display and Group regional quality and DEPI, Victoria to Association of Western
guest speakers at managers. Feedback share information and Australia (GIWA).
the Australian Grains revealed 81 per cent of undertake joint export
AEGIC national science
Industry Conference. participants found the grain R&D activities. The
leadership is bolstered
course improved their MoU strengthens AEGICs
AEGIC hosts Managing with the start of
knowledge of grain national engagement.
Director of Malaysian recruitment processes for
quality.
Support Services

Soon Soon Mills, Dr AEGIC and Pulse two key positions: Barley
Soon Bin Neoh, in Increasing the Presentations and Australia host the Biochemist and Wheat
a forum preceding competitiveness of display at 16th National Lupin Industry Quality and Processing
the Australian Grains Australias grain by Australian Barley Strategy Workshop to Technologies Portfolio
Industry Conference. Dr understanding the Technical Symposium, discuss future export Manager.
Neoh discusses Soon functionality of the Melbourne. opportunities for the
Soon Mills application protein in Australian crop.
of Australian wheat grain is the focus of the AEGIC hosts the National
the opportunities and Grain Protein Chemistry Farmers Federation (NFF)
challenges. Capacity Building Grains Policy Council at
Program launched. its Perth headquarters.
Partnership between
AEGIC and Edith Cowan AEGIC visits Vietnam
Our Organisation

University (ECU) signed and the Philippines to

to support Pilot Malting better understand the
Australia (PMA) project. market requirements for
Australian wheat and
AEGIC visits wheat
barley.
mills and processors
in the Philippines and
Vietnam to determine
their requirements for
Australian grain and to
discuss technical support
opportunities.
Financial Statements

20 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
Research Portfolios
December 2013 January 2014 February 2014 March 2014 April 2014
AEGICs The cost of Targeted release of The AEGIC Open Day The Understanding Grain Terry Enright succeeds
Australias bulk grain Australian wheat welcomes a crowd of Quality and Market Robert Sewell as AEGIC
export supply chains to Japan status, 55 people a mixture Requirement Forums kick Chair.
report is completed and opportunities and of grain producers, off with the first events
At the invitation of
provided to industry for outlook report to researchers and held in Goondiwindi,
Chinese food and
comment. Australian industry extension officers to Narrabri and Wagga
beverage manufacturer
stakeholders. tour AEGICs Grain Quality Wagga. The Forums are
COFCO, AEGIC visits
Testing (GQT) laboratories designed to increase
northern and southern
and learn more about producers and advisors
China to gain a better
the business vision and understanding of grain

Support Services
understanding for
focus. quality and its impact on
the future demands
the end-product.
AEGIC holds an across- and opportunities for
industry workshop AEGIC leads an Australian Australian wheat in the
on the future of WAs oat-industry delegation nation.
noodle wheat industry to China to qualify and
The Understanding Grain
at the GRDC Crop quantify the demand for
Quality and Market
First edition of AEGICs Updates and presents on milling oats. Export of
Requirement Forums
Australian Grains Update 2013 Year in Review The Cost of Australias Australian oats to China
continue in Horsham and
a newsletter for document is published. export bulk grain supply has increased five-fold
Adelaide.
international customers chain report. during recent years.
of Australian grain is
AEGIC presents on

Our Organisation
distributed.
the opportunities for
Australian wheat in
South East Asia at
the Australian Grains
Conference in Singapore.
The cost of Australias
bulk grain export supply
chains post-script report
is released.

Industry consultation is AEGIC leads a delegation

of wheat breeders and
Financial Statements

undertaken in regards to
the future of Australias industry representatives
noodle wheat industry. to Japan and Korea to
discuss the future of
Phase 1 of PMAs Australias noodle wheat
commercial validation industry.
activities completed and
reviewed at a meeting in
Adelaide.

ANNUAL REPORT 2014 21

 Timeline 201314 highlights continued
Introduction
Research Portfolios

May 2014 June 2014 July 2014 August 2014 September 2014
Professor Wujun Ma AEGIC visits Indonesian Japans First Lady, Her The second Global Grains David Fienberg
officially appointed as flour mills Bogasari and Excellency Mrs Akie Abe, Series report: Saudi commences CEO role
the AEGIC/Murdoch Eastern Pearl as part of visits the AEGIC noodle- Arabia A changing with AEGIC.
University Professor of the Australian Wheat for making laboratory to landscape for Australian
AEGIC hosts a visit by
Grain Protein Chemistry. Asian Baking project. taste udon noodles made grain exports is published
Ric Pinca, Executive
from Australian wheat. and direct mailed to
AEGICs 201415 Annual AEGICs first Crop Director of the Philippine
more than 200 Australian
Operating Plan is Prospects Report is AEGIC visits China as Association of Flour
stakeholders.
finalised. published, outlining the part of the Value of Millers (PAFMIL) to
forecast for the 2014 barley characteristics discuss with the
Support Services

growing season. in the China market industry opportunities

project. The purpose for Australian wheat in
of the visit was to the Philippines. Industry
meet with brewers and breakfasts are held in
maltsters to determine Perth and Melbourne.
Chinas current and
Representatives of
future malting barley
leading Chinese oat
requirements.
product manufacturer
AEGIC hosts biennial Seamild take part in a
AEGIC hosts
technical exchange with week-long workshop
representatives of
a Japanese Flour Millers on the quality and
Chinas milling wheat
AEGIC hosts a three-day Association (JFMA) processing properties
Our Organisation

industry on an Austrade-
Grain Quality Workshop representative and of Australian oats in
led tour.
for CBH receival point noodle expert. partnership with AEGIC
staff covering wheat, Agro-meteorologist Dr and Curtin University.
AEGIC attends the
barley, oats, canola David Stephens talks
Australian Grains AEGIC signs a MoU with
and lupins. Subsequent 2014 yield forecasts with
Industry Conference in the Chinese Academy of
courses are held in farmers at Eyre Peninsula
Melbourne. State Administration of
August and September. Fields, SA and Dowerin
Grain (ASAG) to corporate
Machinery Field Days,
in grain quality and
WA.
processing research.
20 young producers
from south-west WA tour
Financial Statements

AEGICs headquarters.
AEGIC presents to a
100-strong crowd at the
Grower Group Alliance
(GGA) conference.

22 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
Research Portfolios
Support Services
Research
Portfolios Our Organisation

Research Portfolio 1:
Strategic Market Intelligence Requirements and
Opportunities (SMIRO) 24
Research Portfolio 2:
Grain Quality and Processing Technology
Financial Statements

Innovation (GQPTI) 30

ANNUAL REPORT 2014 23

 Working to increase value for producers through
market understanding, engagement and support.

Research Portfolio 1:
Strategic Market Intelligence
Introduction

Requirements and Opportunities (SMIRO)

The core function of the Strategic Market engagement Japan and Korea
Market Intelligence, Requirements and During April, AEGIC held workshops in
Opportunities (SMIRO) research portfolio AEGIC provides a valuable window
into the Australian grains industry for Tokyo and Seoul, meeting with flour
is to understand the current and future millers and processors to discuss
requirements of Australias established international customers and end-
users. Integral to this is consistent and initiatives aimed at securing Australias
and emerging global grain markets. noodle wheat trade with Japan and Korea.
Research Portfolios

meaningful face-to-face interactions.

The grain quality, end-product Collectively, Japan and Korea purchase
functionality and technical service During 201314, AEGIC hosted about
50 international delegations and about 2.4 million metric tonnes of
requirements in many of Australias Australian wheat per annum 14
international markets are constantly visited eight nations, providing a
valuable platform for developing close per cent of Australias total wheat
evolving. Understanding these changes exports. Both markets are in the top
and identifying the resulting opportunities relationships with many of Australias
key destination markets. These five Australian wheat export markets in
is essential to enhancing the value terms of both value and volume.
and international competitiveness of interactions created the foundation for
Australias grain exports. ongoing, transparent and constructive However, more recently a decline in
dialogue with the overarching focus of Australias noodle wheat production
During 201314, AEGIC focussed on the creating mutual value and benefit. is threatening Australias ability to
key markets of Indonesia, Japan, Korea, service the valuable udon and instant
International visitors to AEGIC included
Support Services

Vietnam, the Philippines and China, noodle markets of these populous

along with investigating opportunities delegations from China, Japan, Korea
and Taiwan, with AEGIC reciprocating North Asian nations.
in the Middle East and North Africa
(MENA) region. with market visits to Japan, Korea, The Japanese and Korean counterparties
Indonesia, the Philippines, Vietnam to these discussions appreciated
Through a combination of market and China. AEGICs proactive efforts and agreed
visits, collaborations with end-users, to collaborate on developing research
industry consultation and desktop During March AEGIC led a delegation initiatives to support the continued
research, AEGIC is establishing an of Australian noodle wheat industry
supply and quality improvements of this
extensive information database on the representatives including wheat breeders to
Japan and Korea to discuss initiatives and
important commodity.
requirements of these markets, their
innovations for the continued strength of
value to the Australian grains industry trade to the region.
and emerging future trends.
Our Organisation

This market intelligence is vital

for ensuring AEGICs research and
development activities are focussed
on areas that will provide the greatest
return on investment, with funding for
each project appropriately prioritised.
This market intelligence is also shared
with key stakeholders, including policy
makers, agribusinesses, researchers,
plant breeders and grain producers, to
inform planning and to maximise value
Financial Statements

for the industry.

24 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Report informs
on noodle market

Introduction
dynamics
During December 2013, AEGIC
published Australian wheat in
Japan status, opportunities and
outlook, a comprehensive report
on the Japanese wheat market.
This report was distributed to
government and domestic industry,
with the findings prompting

Research Portfolios
discussion around the future
dynamics of Australias noodle
wheat industry. AEGIC continues
to lead these discussions in
consultation with other noodle Vietnam
wheat stakeholders, including In August 2013, AEGIC visited Vietnam
breeders, the trade and producer- to gain a better understanding of the
representative bodies. South East Asian nations current wheat
and barley quality requirements along
To obtain a copy of the report
with potential future trends. Australian
email [email protected]
wheat exports to Vietnam have grown
dramatically during the past six
years, increasing from 380,000 metric

Support Services
tonnes in 2007 to a high of 2.4mmt
during 2011. During 2013 Vietnam was
Australias third largest wheat customer
with imports expected to increase as
consumers start to replace rice based
AEGICs Dr Larisa Cato, Roslyn Jettner and
diets with wheat products.
BakeTrans Stan Cauvain visited Bogasari
flour mill in Jakarta where they carried out Vietnam is predicted to become the
baking tests comparing the performance of largest growth beer market in Asia.
Australian wheats with those of other origins
Already demanding increased volumes
in Indonesian baking systems. The work is
part of AEGICs Australian Wheat for Asian of malt, the growth in domestic malting
Baking project. capacity will enhance their requirement
Indonesia

Our Organisation
for malting barley from Australia.
AEGIC initially visited Indonesia during Indonesia is experiencing particular
February 2013 and returned during expansion in the baking sector, which Find out more here
May 2014 to cement relationships is currently serviced, in the main, by
and reaffirm Australias commitment the hard, high protein wheats out of
to the countrys key flour millers and North America and Canada. This creates
processors. Indonesia, which is the a potential opportunity for Australian
largest importer of Australian wheat, wheat, so AEGIC is working closely with
is undergoing significant growth and Indonesian flour millers and bakers as
change in terms of wheat consumption, part of its Australian Wheat for Asian
creating opportunities to grow wheat Baking project.
trade with our nearest neighbour.
Financial Statements

During 2012, wheat consumption across

Indonesia grew by 9 per cent and by an
even more impressive 12 per cent in the
capital, Jakarta.

Typical Vietnamese pastries.

ANNUAL REPORT 2014 25

 Philippines
The Philippine market represents an
immense opportunity for Australian
Introduction

milling wheat, with the market

currently dominated by North American
wheat, based primarily on historical
relationships. Australian wheat is still
erroneously perceived to be feed
quality, suggesting an ongoing role for
AEGIC to work in concert with industry
to enhance the perception of high-
quality Australian milling wheat.
During a market visit to the country,
Research Portfolios

AEGICs Roslyn Jettner met with the

Philippine Association of Flour Millers
(PAFMIL) to discuss the potential for
Australian wheat to be used for high-
The President of leading oat product
value food purposes. The outcome was processing company Seamild Quing Kui Xie
an in-principle undertaking to explore visited AEGICs headquarters in December
initiatives directed at using Australian 2013. On a research trip to China during May
milling wheat for food. AEGIC visited Seamild head office in Guangxi.

AEGIC hosted a reciprocal visit by the China imports wheat for a number of
PAFMILs Executive Director Mr Ric Pinca reasons including food security, for
to Australia during September 2014. flour blending and speciality product
purposes and has purchased about
Support Services

China
1mmt of Australian wheat per year
Wheat and barley Novel Chinese oat products (left) an instant
during the past five years. China also
The sheer size and diversity of the oat drink and (right) an oat sesame paste
accounts for more than 75 per cent of
Chinese market means grain is used used as a flavour additive.
Australias malting barley exports.
in vastly different ways in different
regions of the country. The volume of During March 2014, AEGIC was invited Oats
Chinas wheat imports also fluctuates to learn more about the specific During March AEGIC led an Australian
dramatically due to the nations self- requirements of the Chinese wheat industry delegation to China aimed at
sufficiency policy, which is aimed market by Chinese food and beverage better understanding the key drivers of
at maintaining the food security of company COFCO. The findings from this the burgeoning Chinese oat market. The
the countrys massive population. visit underpin AEGICs Opportunities trip was initiated following a visit from
for Australian Wheat in China project, Chinese company Seamild Food Group, a
Our Organisation

which aims to grow the market for leading manufacturer and retailer of oat-
Australian wheat in China. based food products, to AEGICs Perth
headquarters during November 2013.
The health-promoting properties of
oats, such as their role in lowering
cholesterol, are highly valued by
Chinese consumers and as such the
export of Australian oats to China has
grown significantly during the past
five years. Australian oats are highly
regarded not only for their nutritional
Financial Statements

properties but also for their taste and

milling quality.

AEGICs Dr Larisa Cato inspects Chinese

end-products made from Australian wheat.

26 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
Research Portfolios
Oats are now being enjoyed not just A contemporary Chinese patisserie.
for breakfast, but also are increasingly
being consumed at other meal times
in the form of novel products, such as Extension and communication activities

Support Services
oat-based drinks and snacks such as have included the following:
oat rice. These findings are influencing Events
AEGICs Creating export opportunities AEGIC provided international grain
and value for Australian milling oats in market updates at international, national
the Chinese market project. and regional industry events throughout
Middle East and North Africa (MENA) the year.
region International
The MENA region has been a long-term Australian Grains Industry Conference
and important market for Australian Singapore, March 2014
wheat, barley and pulses. Australian Global Grains Asia Singapore,
growers have recently enjoyed the March 2014

Our Organisation
opening of the Saudi wheat tender,
which complements the existing feed AEGICs Barry Cox and Peter Elliott, co-authors
National
barley trade along with wheat trade to of AEGICs Saudi Arabia A changing landscape Australian Grains Industry Conference
other markets in the region. for Australian grain exports. The report was Melbourne, July 2013 and August
released during September. 2014
AEGIC, in partnership with DEPI, Victoria,
completed a Global Grain Series report Biennial Australian Barley Symposium
Extension and communication Melbourne, September 2013
titled Saudi Arabia A changing
landscape for Australian grain exports. The extension and communication GRDC Crop Updates Perth, February
A broader report on the MENA region of AEGICs global market information 2014
will be completed during early 2015. and intelligence to grain producers,
Regional grower-focussed
agribusinesses, researchers, breeders
AEGIC Open Day Perth, February 2014
Financial Statements

and government is a priority for AEGIC

and a key performance indicator for the Understanding Grain Quality and
SMIRO research portfolio. Market Requirements Forums
Goondiwindi, Narrabri, Wagga Wagga,
Horsham, Adelaide MarchApril 2014
Grower Group Annual Forum Perth,
August 2014.

ANNUAL REPORT 2014 27

 Media
Table 1 SMIRO research portfolio key performance indicators
AEGICs inward and outward international
delegations and the resulting findings
Introduction

Key performance indicators Progress

attracted considerable media coverage
across various platforms. AEGIC Customer Relationship Commissioning of Microsoft Dynamics Customer
Management Database Relationship Management (CRM) software during
For complete media coverage results established by October 2013 October 2013 to capture and manage information
see page 41. AEGICs independence on grain markets, trends, quality requirements,
has created the opportunity for the along with technical engagement opportunities.
organisation to become a key reference
point for independent and accurate data Grain market reports, 1 Research portfolio factsheet outlining key areas
on Australian grain exports. factsheets, media statements of focus published July 2014.
and other communication 2 Global Grains Series report and factsheet
Newsletters products distributed Australian wheat to Japan status opportunities,
Research Portfolios

AEGICs market intelligence information regarding key export markets and outlook published December 2013.
is featured in the Companys two
3 Second Global Grains Series report and factsheet
monthly e-newsletters Australian Grains Saudi Arabia A changing landscape for
Update (for international customers Australian wheat exports published August 2014.
of Australian grain) and In the Loop
(industry intelligence for export grain 4 Eight media statements circulated. See page 41
producers). for media coverage results.
5 12 e-newsletter and external journal articles
Collaboration published.

Collaboration is integral to AEGICs Presentations on Australian Market update presentations:

market intelligence activities. Clear grain markets and their 1 Australian Grains Industry Conference
communication between stakeholders requirements given at a Singapore, March 2014.
Support Services

across the grains industry plays a vital minimum of six conferences

2 Global Grains Asia Singapore, March 2014.
role in achieving the enhancement of the and industry forums per year
3 Australian Grains Industry Conference
value of Australias export grains sector.
Melbourne, July 2013.
AEGICs market intelligence activities are 4 Biennial Australian Barley Symposium
benefiting from formalised and informal Melbourne, September 2013.
collaborations with: 5 GRDC Crop Updates Perth, February 2014.
DEPI, Victoria 6 Understanding Grain Quality and Market
Austrade Requirements Forums Goondiwindi, Narrabri,
Grain Growers Limited Wagga Wagga, Horsham, Adelaide MarchApril
2014.
Seamild, China
Extension of intelligence to 1 Understanding Grain Quality and Market
Our Organisation

Queensland Alliance for Agriculture

and Food Innovation grain producers and industry Requirements Forums Goondiwindi, Narrabri,
Academy of State Administration of on key export markets Wagga Wagga, Horsham, Adelaide MarchApril
Grain, China 2014.
2 12 e-newsletter articles: In the Loop.
For more details on AEGIC collaborations
3 GRDC Ground Cover articles.
see page 10.
4 Market update presentations at AEGIC Open Day
Key performance indicators February 2014, GGA Annual Forum August 2014.

The AEGIC Five-Year Strategic Business Two Australian industry 1 Visit Vietnam and Philippines during 2013 to
Plan outlines the key performance visitation programs carried meet with end-users.
out per year to key markets
Financial Statements

indicators (KPIs) of the SMIRO research 2 Visit Indonesia to affirm relationships with flour
portfolio. Table 1 reports on the progress mills and carry out comparative baking trials.
towards achieving these KPIs. 3 AEGIC lead a noodle wheat delegation to Japan
and Korea during March 2014.
4 During March 2014 AEGIC visit China to discuss
oats, barley and wheat.
5 AEGIC accompanies Australian trade delegation
to Saudi Arabia.

28 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

SMIRO projects 201417

Introduction
The global grain market intelligence
gathered and collated by AEGICs
SMIRO team during 201214 has led to
the prioritisation of SMIROs research
portfolios activities into seven projects.
These projects are focussed on
capturing new and higher-value
opportunities for Australian grains.
A comprehensive outline of each
project can be viewed here

Research Portfolios
Table 2 SMIRO projects 201417

Project Objective
1 Sourcing independent grain market The establishment of an effective mechanism for the gathering, analysis and
information and analysis distribution of market information relevant to Australias export grain markets
and competing origins.
2 Australian Wheat for Asian Baking The facilitation of the development and in-market delivery of an innovative
package designed to increase the volume and value of Australian wheat used in
the Asian bread sector.

Support Services
3 Identifying the value of barley To increase the value of Australias malting barley trade to China by better
characteristics in the Chinese understanding Chinas trends in beer segmentation and barley, malt and beer
malting and brewing market consumer quality requirements.
4 Strengthening Australias export To identify, document and report on existing and emerging opportunities for
grain relationships with Japan and Australian grain exports to Japan and Korea and improve the information
Korea exchange and relationship with these markets.
5 Building opportunities for Australian To enhance Chinese flour millers understanding of Australian wheat including
wheat in China its functionality and value across a broad range of food applications. A long-term
goal is increased demand and use of Australian wheat in China.
6 Market requirements for export Within a two-year period identify, document and report on the potential
grains in the Middle East and North Australian grain export opportunities in this region.

Our Organisation
Africa
7 Creating export opportunities and To investigate and report on the growth in Chinese oat consumption and
value for Australian milling oats interpret changes in the quality requirements for new non-traditional oat food
products. Through this work AEGIC aims to further propel the demand for
Australian milling oats in China with the result of increased industry export
volume and value.
Financial Statements

ANNUAL REPORT 2014 29

 Research and development to give
our grain the winning edge

Research Portfolio 2:
Grain Quality and Processing
Introduction

Technology Innovation (GQPTI)

AEGICs Grain Quality and Processing Technical market engagement
Technology Innovation research portfolio
is focussed on enhancing the quality South East Asia
attributes and functionality of Australias Project: Australian Wheat for Asian Bread
wheat and malting barley. Innovative Technology Package
During June 2014 AEGIC representatives
Research Portfolios

Achieving this will help maintain

market share in Australias traditional visited flour mills in Jakarta as a follow-
export markets and capture emerging up to visits to Indonesia during February
market opportunities. The portfolio 2013 and also during 2011 and 2010 by
is led by AEGICs team of wheat and DAFWA representatives.
barley technical experts and facilitated The visit was in preparation for AEGICs
by AEGICs Grain Quality Testing (GQT) Australian Wheat for Asian Bread
laboratories. Innovative Technology Package and was
During 201314 AEGICs research and part of AEGICs collaboration with UK
development activities were refined baking company BakeTran.
and focussed into two programs; each Dr Larisa Cato and BakeTran principal
program contains a suite of projects scientist Stan Cauvain visited Bogasari
Dr Larisa Cato analyses the results of baking
Support Services

within. These programs and their and Eastern Pearl flour mills.
trials using Australian wheat and wheat from
projects are outlined in Table 3 (wheat)
Together with mill representatives, other origins at Bogasari flour mill in Jakarta.
and Table 5 (barley).
Larisa and Stan carried out preliminary
baking trials comparing the performance The JFMA representative also provides
Program 1: National Wheat of Australian wheats with wheats from updates to the panel on changes in the
Quality Research and Innovation other origins, including the US, Canada, market requirements for different types
Ukraine and India, under Indonesia of noodles.
The objective of AEGICs National
Wheat Quality Research and Innovation baking methods. The biennial visits play an important
program is to increase the value of The visit further strengthened AEGICs part in maintaining Australias strong
Australias export wheat through relationship with Indonesias flour-milling wheat trade with Japan.
technical market engagement, capacity sector and heightened the potential to Australian noodle wheat varieties
building and research and development
Our Organisation

work together on research initiatives are considered ideal for producing

to improve the end-product performance to enhance the volume and value of traditional Japanese udon noodles,
of Australian wheat varieties. Australian wheat used for baking in due to their unique starch properties,
The program is managed by AEGICs Indonesia. excellent colour stability and mocha.
National Wheat Quality Specialist Dr Japan Annually Japan imports about 1mmt
Larisa Cato and supported by AEGICs
Noodle sensory testing of noodle wheat blend from Australia.
GQT laboratories.
AEGICs GQT laboratories hosted a From 200813 Japan was Australias
representative of the Japanese Flour fourth largest importer of wheat in
Millers Association (JFMA) during June terms of volume and value.
July 2014 for four weeks. The visit was
part of an ongoing relationship between
Financial Statements

JFMA and AEGIC, which includes a visit

by a noodle wheat expert once every
two years to assist classification of
Australian udon lines and train AEGIC
sensory panel members to assess the
suitability of wheat lines for Japanese
ramen noodles.

30 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
Research Portfolios
A group photo to commemorate the

Support Services
completion of AEGIC and the Japanese Flour
Millers Associations 2014 noodle sensory
testing from left, Ika Kartikarini, Troy
Adriansz, JFMA representative from Nippon
Flour Mill Mr Kazuhisa Kirizawa, Dr Larisa
Cato and Junhong Ma.

Austrade-led delegation of Chinese

milling industry representatives.

Capacity building
An important part of the National
Wheat Quality Research and Innovation

Our Organisation
program is the development of technical
capacity in the field of wheat quality.
During 2014 AEGIC expanded its
National Wheat Quality Research
Baking comparative tests at Makassars A typical bakery in Makassar, Indonesia. and Innovation team with the
Eastern Pearl Flour Mill. appointment of Juhong Ma and
In particular, discussion was had on Jenny Ng as Wheat Quality Technical
China research initiatives surrounding the Officers. The positions provide
Chinas wheat end-product requirements blending of Australian and Chinese technical assistance to Dr Larisa
are vast and diverse. During April AEGIC wheat varieties and closer collaboration Cato and will focus on the Australian
was invited to visit China by Chinese with COFCO who control 90 per cent Wheat for Asian Bread Innovative
Financial Statements

food and beverage company COFCO. The of Chinas wheat imports. AEGIC Technology Package.
aim of the visit was to gain a better representatives also met with the
understanding of the current and future Academy of State Administration of
opportunities for Australian grain in Grain in Beijing.
China and to explore opportunities for During 2014 AEGIC hosted and provided
joint research and technical exchanges. a briefing on Australian wheat to an

ANNUAL REPORT 2014 31

 Grain Protein Chemistry Capacity Building Program
Introduction

Dr Hollie Webster was appointed to Preliminary results indicate that

the first post-doctorate position during this protein will aid breeders in
September 2013. Hollies research selecting high quality wheat lines
specialises in proteomic issues in during breeding.
relation to abiotic stress and quality. About 370 wheat germplasm lines
Dr Shahidul Islam was appointed to have been mostly imported from
the second post-doctorate position China. These lines were collected
during June 2014. Shahiduls work by a range of collaborators across
focuses on the use of novel grain the world. A number of lines
proteins to improve Australian wheat have very high protein contents,
marketability. including an Israeli cultivar with
Research Portfolios

Four PhD students have obtained a 20 per cent grain protein and a
Murdoch University full scholarship few chromosome substitution
and three visiting PhD students are lines with more than 21 per cent
currently working in the capacity protein. These lines have high
building program. potential for increased Australian
wheat protein content. Currently,
Research achievements a research project is focussing on
During 201314 Professor Wujun Ma characterising the grain proteome
Professor of Grains Protein Chemistry and his team successfully added in order to reveal the causal factor
Wujun Ma. an extra wheat high molecular for high protein content.
During March 2014 Professor Wujun weight (HMW) glutenin protein to
About seven novel wheat grain
Ma was appointed as Professor Australian wheat. This breakthrough
glutenin proteins have been
Support Services

of Grain Protein Chemistry. Wujun will assist in improving the

identified. From a theoretical point
leads the Grain Protein Chemistry baking quality of flour milled
of view, these proteins possess
Capacity Building Program a joint from Australian wheat. Currently,
the characteristics for good baking
initiative between AEGIC and Murdoch the worldwide hexaploid wheat
quality.
University, WA. The program was cultivars contain a maximum of
five HMW glutenin proteins, which A non-genetic approach has
officially launched during July 2013
provides the chemical requirement been investigated for quality
and established a research centre and
for baking breads. However, for improvement. Currently, a field trial
academic agenda focussed on the
wheats from Australia, five HMW has been planted and early-stage
functionality of Australian grains for
glutenin proteins do not usually plant samples are being analysed.
key end products.
convert to desirable baking Identified and cloned the causal
The program is part of AEGICs National quality due to the unique growing gene responsible for high protein
Wheat Quality Research and Innovation environment. After adding the extra content in Australian wheat
Our Organisation

program. The initial focus of the glutenin protein into traditionally- cultivar Spitfire. The underlying
research is on baking quality, but bred Australian cultivars, a sharp mechanism of high nitrogen use
will expand to include noodle quality, increase of dough strength has efficiency has been made clear.
barley for malting and other grain been observed. This work has In addition, novel results have
foods with health or high-value uses. attracted national and international been obtained in defining the
The initiative is based at Murdoch media coverage. See page 41 for genes chromosomal locations. A
University and supports research media coverage results. total of 350 international wheat
being carried out by the Australian- Small grain protein, b-type cultivars have been surveyed for
China Centre for Wheat Improvement Avenin-like protein in wheat the presence of this active high-
(ACCWI), also based at the University. endosperm has been found to protein gene. Results revealed
have profound effects on wheat that this gene rarely exists in
Financial Statements

The program will see the commercial wheat cultivars.

bread-making quality. AEGIC has
appointment of three post-doctoratal Only an Israeli high-grain protein
made clear progress in terms of
positions and 10 PhD students with cultivar, Bethlehem, was found to
the chromosomal locations of this
expertise in grain protein, structure, contain the spitfire gene out of
protein and has started to survey
function and genetics. all the surveyed wheat lines.
its polymorphisms across different
Australian varieties.

32 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 The SRC method will also be applied
in this project. The test is being
increasingly used by wheat breeders,

Introduction
millers and bakers to determine the
relationship between flour SRC profiles
and the finished product quality of
cookies, crackers, noodles and bread.
The project will analyse the relationship
between flour quality and baked
product quality and compare MixoLab
and SRC results with traditional dough
rheology and baking tests.
This project will begin in earnest during

Research Portfolios
201415.
2 Ramen noodle Australian Hard (AH)
varieties
Japanese noodle processors prefer the
higher-protein Australian Prime Hard
Baking sample analysis. Projects include: (APH) wheats for their manufacture of
1 MixoLab and the Auto Solvent ramen noodles. The unique attributes
Research and innovation Retention Capacity (SRC) tests; baking of APH wheat grown in southern
and noodle-making quality Queensland and northern New South
Innovation is at the heart of AEGIC Wales areas are highly regarded for
This project was developed with Chopin
research endeavours and is the producing high-quality ramen.
Technologies and includes MixoLab, Auto
foundation of each AEGIC research

Support Services
SRC, SdMatic and Near Infrared (NIR) About 35 per cent of wheat consumed
project. During 2014 AEGIC developed a
technology to: in Japan is for noodle production. About
number of research initiatives designed
to enhance the quality and functionality 1. Evaluate new technologies; and half of that goes to ramen noodles.
of Australias export grain. The objective
2. Link dough processing to end-product However there has been a decline of
of these initiatives is to explore different
quality using Australian wheat varieties. Australian Prime Hard (APH) wheat
approaches to common processes and
production in southern Queensland and
challenges confronting the industry. The MixoLab is innovative technology northern NSW.
capable of characterising flours as well
as developing models for optimising
processing quality.

Table 3 National Wheat Quality Research and Innovation projects 201417

Our Organisation
Project Scope Collaborators
Project 1
Australian Wheat for Asian 1 Identifying new bread making models by measuring dough rheology BakeTran
Bread Innovative Technology and defining dough development.
Package 2 Balanced versus unbalanced dough properties in-market
assessment of acceptability of Australian wheat with unbalanced
dough properties.
3 Understanding the interactions and impact of different ingredients
on dough mixing and end-product quality.
Financial Statements

Project 2
Research and Innovation 1 MixoLab and the Auto SRC tests: baking and noodle making quality. Chopin Technologies,
2 Ramen noodles AH varieties. Murdoch University

Project 3
Grain Protein Chemistry 1 Develop scientific capability in grain protein chemistry and research Murdoch University
Capacity Building how protein chemistry impacts and relates to end-product quality.

ANNUAL REPORT 2014 33

 The resulting shortfall in Australias Extension and communication National
supply of APH has seen a shift by Australian Grains Industry Conference
Japanese buyers away from APH to Dark Direct market engagement Melbourne, July 2013 and 2014
Introduction

Northern Spring (DNS) wheat from the US. The extension of AEGICs national Australian Milling Conference Gold
wheat quality research endeavours has Coast, May 2014
This project is investigating more concentrated on communicating the
thoroughly Japans ramen noodle wheat objectives of AEGIC research plans with Regional grower-focussed
quality requirements. Through market international customers and potential AEGIC Open Day Perth, February
visits and close collaborations with research partners and collaborators. 2014
Japanese mills the aim is to evaluate
This has been achieved through in- Understanding Grain Quality and
the suitability of selected AH-classified
country visits with key stakeholders in Market Requirements Forums
wheat varieties for ramen production.
Australias established and emerging Goondiwindi, Narrabri, Wagga Wagga,
This project will begin in earnest during grain export markets including China, Horsham, Adelaide MarchApril 2014
201415 for a range of different ramen
Research Portfolios

Japan, Korea and Indonesia and Newsletters

noodles. the hosting of delegations at AEGIC Updates in AEGICs monthly
headquarters. e-newsletters Australian Grains
Partnerships and collaborations Update (for international customers
Events
AEGIC has a culture of collaboration. of Australian grain) and In the Loop
During 201314 AEGIC provided updates (industry intelligence for export grain
Collaborating on research activities with
on its wheat quality and processing producers)
industry, universities and private and
research and development including the
commercial entities is pivotal to the Journals
following events:
success of AEGICs current projects and GRDC Ground Cover JulyAugust 2014
their overarching objectives. International
Australian Grains Industry Conference
During 201314 AEGIC formalised a Key performance indicators
Singapore, March 2014
number of important national and
The AEGIC Five-Year Strategic Business
Support Services

international collaborations in relation Global Grains Asia Singapore,

March 2014 Plan outlines the key performance
to its wheat quality and processing
indicators (KPIs) of the National Wheat
technologies research. International Cereal Chemistry
Quality Research and Innovation
Conference Fremantle, August 2013
National program. Table 4 reports on the progress
AEGIC and Murdoch University (WA) American Association of Cereal in the achievement of these KPIs.
formalised a partnership for the Chemistry International
Grain Protein Chemistry Capacity Albuquerque, NM, US, September
AEGICs Roslyn Jettner and Dr Larisa Cato
Building Program (see page 32) October 2013 analyse loaves at Bogasari flour mill in Jakarta
during July 2013. as part of a baking project comparing the
AEGIC and GGL continue to performance of wheats from different origins.
collaborate on research projects of
Our Organisation

mutual interest.
International
AEGIC formalised a research
partnership with the UKs BakeTran
for carrying out the Australian
Wheat for Asian Bread Innovative
Technology Package.
Perten Instruments is supporting
AEGIC with the provision of
equipment critical to its research.
Financial Statements

34 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

Table 4 NWQRI program key performance indicators

Key performance indicators Progress

Introduction
Technical market engagement
Ongoing in-market technical engagement International research visits to Japan (March 2014), Korea (March 2014),
on competitiveness of quality traits and China (April 2014) and Indonesia (June 2014).
characteristics of Australian wheat quality
Evaluations of potential new noodle varieties AEGIC hosted JFMA noodle expert JuneJuly 2014 for four weeks.
through JFMA / classification process every two
years
Develop and maintain a technical database Database established and contributing to AEGIC wheat quality research and

Research Portfolios
on functionality, quality and end-product development projects.
performance of Australian and wheats of other
origins in high-value markets
Capacity building
Grain Protein Professor appointed by August 2013 Following an international recruitment process Wujun was fully-appointed
(interim), full appointment by August 2014 during April 2014.
Appointment of post-doctoral fellows by October Two post-doctorates appointed
2013 Dr Hollie Webster appointed September 2013 focussing on proteomic
issues in relation to abiotic stress and quality.
Dr Shahidul Islam appointed June 2014 focussing on the use of novel
grain proteins to improve Australian wheat marketability.

Support Services
Research and innovation
Attend and contribute at key Australian and International conferences
international grains industry forums and International Cereal Chemistry Conference Fremantle, August 2013
conferences Australian Grains Industry Conference Singapore, March 2014
Global Grains Asian Conference Singapore, March 2014
American Association of Cereal Chemistry International Albuquerque,
NM, US, SeptemberOctober
National conferences
Australian Grains Industry Conference Melbourne, July 2013
Australian Milling Conference Gold Coast, May 2014

Our Organisation
Regional
Understanding Grain Quality and Market Requirements Forums
Goondiwindi, Narrabri, Wagga Wagga, Horsham, Adelaide, MarchApril 2014.
Key research areas resourced and implemented Technical resource requirements for Australian Wheat for Asian Bread
including: Innovative Technology Package met with the formalisation of collaboration
1) Australian Wheat for Asian Bread Innovative with BakeTran and the appointment of Juhong Ma and Jenny Ng as Wheat
Technology Package Technical Officers.
Financial Statements

ANNUAL REPORT 2014 35

 Program 2: Malting and Barley
Quality Australia
Introduction

AEGICs Malting and Barley Quality

Australia program is focussed on
increasing the value of Australias
malting barley through technical market
engagement, capacity building and
research and innovation.
The program is managed by Dr Chengdao
Li and supported by AEGICs Grain
Quality Testing (GQT) laboratories and
collaborations with Murdoch University
Research Portfolios

and Edith Cowan University (ECU).

During 201314 the focus of the Malting
and Barley Quality Australia program
was refined into three projects i)
Technology and Innovation, ii) Malting
and Brewing (biochemist) and iii) Pilot During June 2014 Dr Chengdao Li and Dr Chengdao Li and Roslyn Jettner examining a
Malting Australia (PMA) (see Table 5). Roslyn Jettner visited Chinas three wort flavour demonstration.
largest malting companies Supertime,
Technical market engagement COFCO Malting, and Dalian Xingze
China Malting. They also visited Chinas top
four brewing companies: China Resource
China has the worlds largest demand Snow Beer, Tsingtao Brewery, AB-InBev
Support Services

for malting barley, consuming more and Yanjing Beer.

than 4mmt per annum. Chinas thirst for
beer is also rapidly increasingly at an The purpose of the visit was to gain a
average rate of five per cent per annum. better understanding of Chinas complex
Contrasting this is the nations barley barley requirements. Currently Australia
production, which is actually declining has the largest barley market share
by 1520 per cent per year. in China, however, Canadian barleys
are favoured for the high-end beer
China accounts for about 75 per cent of products. Canadian barleys often attract
Australias exports of malting barley and a significant price premium.
is predicted to import a massive 3mmt of
Australian barley during the coming year. As a result of the visit AEGIC established
key contacts for future collaborations
Our Organisation

including possible workshops to Comparing the flavour of wort produced

from different Australian and Chinese barley
promote Australian barleys in China.
varieties at the Research Centre of Tsingtao
Brewery Co, Qingdao China.
Table 5 MBQA projects 201417

Project Scope
Project 1
Technology and Innovation Improve the processing performance and minimise processing defects through the
application of new technologies and innovations and thereby assist in increasing the
value of Australias malting barley industry.
Financial Statements

Project 2
Malting and Brewing The development of a focussed research program into industry-relevant malt quality
characteristics to enhance opportunities in high-value markets.
Project 3
Pilot Malting Australia The application of malting innovations to expedite the accreditation of new malting
barley varieties with the aim of enhancing market opportunities.

36 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

Collaborations
The University of Adelaides barley
Pilot Malting Australia

Introduction
breeding program, led by Professor
Jason Eglinton, visited AEGIC to discuss
potential malting barley quality research
collaborations during June.
During 201314 PMA hosted a variety
of international and national visitors
including:
National
David Brough Head Brewer, Indian
Ocean Brewing, Perth WA

Research Portfolios
Kevin Redd Forensic Molecular
Ecologist, University of Tasmania
Nigel Metz Project Officer, South
East Premium Wheat Growers
Association (SEPWA)
Steve Tilbrook Chair, Barley Council,
GIWA
Peter Bennett, former Technical
Manager, Swan Brewery The Australian export trade for malt The plant provides a means to
and malting barley is valued at better understand the technical
International more than $1 billion annually. Global performance of Australian malting
Professor Dirk Maier Head of the demand for high-quality malting barley varieties as they are processed

Support Services
Department of Grain Science and barley is increasing as a result of with the different commercial malting
Industry, Kansas University, Kansas US growing world beer consumption, regimes used within both the export
Charlie Li DAFWA Business particularly in Asia and Africa. and domestic sectors of the market.
Development Manager, based in
Shanghai Australia is one of the few malting The aim is to hasten the malting
barley-producing nations that barley varietal accreditation process
Aaron MacLeod Barley Chemist continues to grow the number of to provide additional sowing
Canadian Grains Commission, hectares sown to barley barley choices for producers, better results
Winnipeg, Canada production in both the US and for barley breeders and a more
Canada is declining. diverse Australian barley crop for
Capacity building international maltsters.
To assist Australia to maintain its place
Building national capacity in barley as a world-leader in the provision of Research achievements

Our Organisation
quality and biochemistry (brewing) quality malting barley, during July 2013 During 2013 the main focus of
research and development is a priority AEGIC and WAs Edith Cowan University PMA was the first year of the
for AEGIC. To assist in increasing the (ECU) signed a three-year funding GRDC-funded Commercial Malting
value of Australias malting barley AEGIC agreement for the operation of Pilot Validation project, which aims to
made a number of new appointments to Malting Australia (PMA). evaluate the relationship between
its barley research team during 201314.
Pilot Malting Australia is Australias PMAs operations and a commercial
During March 2014, Dr Adel Yousif was malting plant.
first national pilot malting facility
appointed to the position of Barley
and centres on the operation of Pilot Malting Australia is managed
Malting Quality Industry Engagement
the Unimalter micro-malting plant. by Operations Manager Jon Luff, who
Biochemist. The aim of Adels role is
The plant is designed to simulate is employed by ECU and funded by
to re-establish national capacity on
commercial malting practice.
Financial Statements

malting and brewing research. AEGIC.

During June Dr Qisen Zhang assumed It is the only one of its kind in the
the role of Barley Malting Quality southern hemisphere and one of only
Innovation Biochemist. Qisen is five of its type operating worldwide.
working on malting quality technical
innovation using genomics,
transcriptomics and proteomics.

ANNUAL REPORT 2014 37

 Research and Innovation Table 6 MBQA key performance indicators
Barley quality research partnerships
Introduction

were established with InterGrain, Key performance indicators Progress

Cargill Malting and Barrett Burston.
Pilot Malting Australia
AEGIC commenced a national barley
malting quality trial with Cargills Securing of facility and PMA facility secured at ECU.
Joe White Malting, Barrett Burston development of protocols Requirements of Phase 1 of GRDC Pilot
Malting and Cascade Brewing. Malting Australia Commercial Malting
Transcriptome analysis of important Validation project successfully completed.
barley varieties from Australia and Subsequent first PMA review with GRDC and
Canada were carried out to identify Barley Australia carried out during December
key genes to differentiate the 2013.
malting quality of Australian and
Research Portfolios

Second review scheduled for January 2015.

Canadian barleys.
Milestones for the GRDC-funded An increase in interest/ Interest evidenced by 10 technical visits to
Commercial Validation Project were communication from PMA by national and international scientific
achieved and an annual progress International barley buyers groups during 201314.
report was submitted to the GRDC. through AEGIC, Barley Australia,
and other stakeholders
DNA fingerprinting techniques for
Australian barley varieties were Malting and Brewing Technology
completed. This work will provide
Launch of Malting and Barley MBQA established and developed with three
technical support to the malting barley
Quality Australia research components.
supply chain for quality assurance.
Diagnostic molecular markers were New Malt Quality Biochemist Dr Adele Yousif appointed March 2014.
developed for malting tests. This appointed
Support Services

will provide critical tools for barley

Two commercial malting houses Four malting plants, Cargills Joe White
breeding programs.
engaged for joint research by Malting plants South Australia (Cavan
A new gene controlling beer haze was June 2014 and Port Adelaide); Western Australia
identified and a diagnostic molecular (Forrestfield); and Barrett Burston Maltings
tool was developed. This will provide Western Australia (Welshpool), are working
a genetic tool and materials to together for diastatic power (DP) analysis.
develop the next generation of barley
varieties to enhanced marketability of Partnership on malting barley Partnerships established with InterGrain and
Australian barley. quality established with at least Australian Grain Technologies.
two breeding programs
Extension and communications Technology and innovation
Our Organisation

The Malting and Barley Quality Australia New beta-amylase gene New alleles for beta-amylase with improved
team presented at a variety of industry identified and new molecular activity and thermostability identified.
events including: markers developed
Barley Breeders Conference,
Melbourne
Barley Australia Board meeting, Key performance indicators
Adelaide
The AEGIC Five-Year Strategic Business
GIWA-Barley Council, Perth
Plan outlines the key performance
South-Eastern Regional Barley indicators (KPIs) of the Malting and
Council, Esperance Barley Quality Australia program.
Financial Statements

Table 6 reports on the progress in the

achievement of these KPIs.

38 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
Research Portfolios
Support Services
Support
Services Our Organisation

Support Service 1:
Communications and Information Services 40
Support Service 2:
Economic and Supply Chain Analysis 47
Financial Statements

Support Service 3:
Supply Dynamics 50
Support Service 4:
Grain Quality Testing Laboratories 53

ANNUAL REPORT 2014 39

 Cultivating the connection between
producers and customers

Support Service 1:
Communications and Information Services
Introduction

Communications and Information Corporate communications Social media

Services provides the gateway to AEGIC
and the Australian grains sector for AEGIC is active on Twitter, Facebook,
Media coverage YouTube and LinkedIn. Twitter in
customers, grain growers and other
members of the grains supply chain. AEGIC has continued to feature in particular has provided an effective
Australias rural and regional media as means for communicating with
During 201314 AEGIC Communications evidenced by the results in Figures 1214 stakeholders especially with grain
built on its founding-year efforts and also internationally (see Figure 15). producers (see Figure 16).
Research Portfolios

of raising awareness of AEGICs

establishment and its intended role. Coverage has been a result of Events
AEGIC-issued media statements and
Focus this year was directed to extending information products, AEGICs growing Understanding international wheat
the objectives and outcomes of AEGIC role as a first port-of-call for comment on quality requirements
research and market research activities export grain-related matters. During July 2014, in partnership with
and to establishing regular and innovative
AEGIC-related topics that have featured Wheat Quality Australia (WQA), AEGIC
mechanisms for communicating with
the most often in the media include: hosted Dr Soon Bin Neoh, Managing
AEGICs key audience.
Director of Malaysias Soon Soon
The cost of Australias bulk grains Mills, as a guest speaker at an event
AEGICs key audiences include:
export supply chains report preceding the Australian Grains Industry
International customers (grain buyers
Understanding Grain Quality and Conference in Melbourne. Dr Neoh gave
and processors)
Market Requirements Forums an account on the importance of grain
Grain producers
Support Services

Yield and seasonal forecasts quality in processing and a report on

Grain-related research agencies the quality attributes of the grains of
(national and international) AEGIC has also featured in grains- Australias main competitors.
industry-specific publications and
Grain traders, marketers and
journals including: AEGIC Open Day
accumulators
GRDCs Ground Cover AEGIC opened its doors to the public in
Government trade and policy
AG in Focus an open day on February 22. The event
Industry bodies coincided with the Perth GRDC Crop
Australian Grain Updates. A group of about 50 people
consisting of producers, extension
AEGIC engages with its stakeholders across officers and researchers took part in a
Facebook, Twitter, LinkedIn and YouTube. tour of the AEGIC milling, noodle, bread
During August AEGIC celebrated the milestone and barley laboratories and learned
Our Organisation

of 500 Twitter followers. more about AEGICs areas of focus.

National Farmers Federation (NFF) Grains
Policy council
During September 2013 AEGIC hosted
grain-focussed representatives of the
NFF and their state farming organisation
equivalents. About 20 producers and
staff were briefed on AEGICs purpose,
vision and key areas of focus.
Financial Statements

40 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Figure 12 in
AEGIC AEGIC in the media
the media 201314
201314

600

Introduction
500
Understanding Grain Quality and El Nino/La Nina
Market Requirements Forums predictions
Mrs Akie Abe visit
400
Media coverage

Expert commentary Crop Prospects

Prof Ross Kingwell Drought Report
300

200
The cost of Australias bulk
export grains supply chain report
100

Research Portfolios
0
Jul 13 Aug 13 Sep 13 Oct 13 Nov 13 Dec 13 Jan 14 Feb 14 Mar 14 Apr 14 May 14 Jun 14 Jul 14 Aug 14 Sep 14

Figure 13 Total media coverage Figure 14 National media coverage by location AEGIC in
Total media hits

600 AEGIC in the media 201314 WA 24% 600

536 NSW 19%
WA 24% 600 500
500 National 16%
NSW 19%
VIC 12%
National 16% 500 400 El Ni

Media coverage
400
Media coverage

SA 10%
Understanding Grain Quality and
pred

Support Services
VIC 12% Market Requirements Forums
400 QLD 10%
Media coverage

300 SA 10% 300

250 Expert commentary
International 8%
QLD 10% Prof Ross Kingwell Drought
300 NT 0.4% 200
200
International 8%
TAS 0.4%
NT 0.4% 200 100
100 The cost of ACT 0.2% bulk
Australias
TAS 0.4% export grains supply chain report
ACT 0.2% 100 0
0
201213 201314 Jul
Year 0
Jul 13 Aug 13 Sep 13 Oct 13 Nov 13 Dec 13 Jan 14 Feb 14 Mar 14 Apr
Figure 15 International media coverage locations

Our Organisation
United States
Indonesia
United States
China
Indonesia
Ukraine
China
Russian Federation
Ukraine
France
Russian Federation
Japan
France
Jordan
Japan
United Arab Emirates
Jordan
India
United Arab Emirates
Financial Statements

India
Bahrain

Bahrain Hong Kong

Hong Kong United Kingdom

United Kingdom Spain

Spain

ANNUAL REPORT 2014 41

 Figure 16 Tweets by AEGIC 201314

100
Introduction

80
Number of Tweets

50
>
28
60

40

20 International delegations Indones

visited AEGIC in 2013-14 bread c
0 over th
Nov 13 Dec 13 Jan 14 Feb 14 Mar 14 Apr 14 May 14 Jun 14 Jul 14
Research Portfolios

Delegations
Month
During 201314 AEGIC hosted more than
50 international delegations. Government
representatives, grain buyers, millers,
processors and other grains-related
stakeholders from across the globe
visited AEGICs Perth headquarters
to learn more about the quality and
functionality of Australian grain.
Countries represented included Japan,
China, South Korea, Canada and the US.
The Communications and Information
Support Services

Services team also supported AEGICs

Conferences From left AEGICs agro-meteorologist Dr
David Stephens, Minister for Agriculture and
28 outward-bound visits including to
To build on the awareness of AEGIC and China, Japan, Korea, Indonesia, the
Food, WA the Hon Ken Baston MLC and AEGIC
its role among key stakeholders the General Manager Simon Johnson at the 2014 Philippines, Singapore, the United Arab
organisation was represented at the Dowerin Machinery Field Days, WA. Emirates (UAE) and the US.
following conferences and workshops:
GRDC Crop Updates
Australian Grains Industry Conference
Melbourne, July 2013 and 2014
Dowerin Machinery Field Days
August 2013 and 2014
Our Organisation

Australian Cereal Chemistry

Conference Fremantle, August 2013
Australian Barley Technical Symposium
Melbourne, September 2013
Yorke Peninsula Field Days Kadina
September 2013
GRDC Crop Updates Perth,
February 2014
ABARES Outlook Conference
Canberra March, 2014
Financial Statements

Australian Grains Industry Conference

Singapore March 2014
Global Grains Asia Singapore,
March 2014
FarmFest Field Days Toowoomba
June, 2014
Eyre Peninsula Field Days Cleve,
South Australia, August 2014

42 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

Corporate publications and videos
E-newsletters

Introduction
AEGIC launched two monthly
e-newsletters during January 2013.
The Australian Grains Update is
designed for international customers
of Australian grain and provides
information to assist their buying
decisions, such as yield and production
forecasts as well as feature stories on
Australias grains sector.
In the Loop provides industry

Research Portfolios
intelligence for export grain producers
as well as domestic industry
representatives. The e-newsletter
provides updates on Australias
established and emerging markets and Radio Nationals presenter Michael Mackenzie
their quality end-product requirements. recorded his experience taking part in noodle Research Portfolio 2:
Year in Review
making and noodle sensory at AEGIC for RNs Grain Quality Processing and
First Bite program.
Technologies Innovation
To mark AEGICs first complete calendar
year of operation AEGIC compiled a Year Project extension Grain Protein Chemistry Capacity
in Review publication. The document is Building Program
an introduction to AEGIC and highlights Communicating the outcomes of
AEGICs research programs and During July 2013 AEGIC and Murdoch
AEGICs achievements since its

Support Services
projects to their intended audience University launched the Grain Protein
establishment during November 2012. Chemistry Capacity Building Program
is key to AEGIC achieving its overall
The Australian Wheat Note corporate objectives. During 201314 (see page 32). The program was launched
AEGIC deployed a diverse range of in front of a gathering of eminent cereal
The Australian Wheat Note provides
communication methods to ensure scientists at the International Cereal
a quick reference quick to wheat
messages were effectively conveyed to Chemistry Conference in Fremantle
classifications and end-uses.
their target stakeholders. during August 2013.
Other corporate publications include:
A media statement and factsheet were
About AEGIC factsheet
Research Portfolio 1: issued at the launch.
2014 Calendar Strategic Market Intelligence During May 2014 Professor Wujun Ma
Major markets for Australian poster Requirements and Opportunities was appointed as the AEGIC Professor of
series (SMIRO)

Our Organisation
Grain Protein Chemistry AEGIC issued
Exporting grain from Australia The SMIRO Capability Statement a media statement welcoming Wujuns
factsheet outlines the Portfolios seven appointment.
Canola Australian Grain Note projects, their objectives and why
Malting and Barley Quality Australia
Oats Australian Grain Note they are a priority. It is a key
publication when introducing AEGIC A capability statement outlining
Sweet White Lupins Australian Grain AEGICs Malting and Barley Quality
to stakeholders.
Note Australia program was published in
The Australian wheat to Japan
AEGIC Capability Statement September 2014.
status, opportunities and outlook
Video report and factsheet were completed
AEGIC also developed a corporate during late 2013 and is the first AEGIC
video to explain its role in supporting Global Grain Series report.
Financial Statements

the trade and use of Australian grain The report was distributed to domestic
across the world. industry and grain producers.
A short video on the noodle making The second Global Grain Series report
process was developed to highlight and factsheet Saudi Arabia A
the importance of wheat quality in changing landscape for Australian
the production of quality udon and export grains were published during
ramen noodles. August 2014.

ANNUAL REPORT 2014 43

 Capacity building
During 201314 AEGIC expanded its grain
Introduction

quality training activities.

AEGICs training activities are designed
to enhance understanding of the
quality and functionality properties of
Australian grain and how it impacts on
the end product and final market price.
These activities are provided for:
Australian grain producers
Customers of Australian grain
Research Portfolios

Grain marketers and traders

Researchers
Industry representatives

Grain Quality Workshop

A strong media contingent attended AEGIC Support Service 3: During August 2013 and June 2014 AEGIC
headquarters as part of Mrs Akie Abes visit facilitated five Grain Quality Workshops
during July. The journalists were interested to
Supply Dynamics
for CBH Group regional quality managers
hear from Dr Larisa Cato about why Australian AEGICs yield and seasonal forecast
wheat is well suited to the production of
and receival point operators.
products continued to be rolled out
Japanese udon and ramen noodles. AEGIC quality experts explained the
to grain producers, grain traders
and marketers, policy makers and quality properties of the grains and the
Support Services

Support Service 2: international customers during 201314. impact of these on the end products.
Economics
These products include: On completion of the workshop
The cost of Australias Bulk export grain participants received a certificate of
Crop prospect reports
supply chain report was completed completion. Feedback revealed the
during October. The report was ENSO Summary course content improved the level of
introduced to its key audience of grain Predicted shire wheat yield maps grain quality knowledge of participants.
producers, policy makers, traders and Soil moisture maps
marketers via:
Water use (production) efficiency
Two webinars one for industry maps Young members of Katanning Landcare gave
and one for the media featuring AEGICs Grain Quality Testing Laboratories
a summary by the authors and an View these products here the thumbs up when they visited during
August 2014.
Our Organisation

opportunity for questions.

A short explanatory video.
Media statements outlining key
findings of the report (and post-
script).
Distribution on social media via
aegic.org.au.
Comprehensive in-person stakeholder
engagement.
A post-script to the report was released
Financial Statements

during March 2014. The post-script

was distributed via traditional (media
statement) and social media.
An explanatory poster outlining
the costs of getting grain to ship in
Australia was also produced and was
popular at field days, conferences and
on social media.

44 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 The West Australian Abstract
Wednesday, July 10, 2013

First Lady adds to we want wheat message

Introduction
Brad Thompson Centre (AEGIC) in South Perth
JAPAN cannot get enough of udon yesterday.
noodles produced from wheat grown
WA is Japans only overseas supplier
in WA and that is driving research to
of quality wheat for udon noodle
develop varieties with better yields to stop
production in a relationship built up
local growers targeting other markets.
over decades. AEGIC led an Australian
Japans First Lady, Akie Abe, highlighted delegation to Japan in March to meet
the importance of WA grain growers to millers and processors to discuss a
her country by instigating a visit to the collaborative approach to securing the
Australian Export Grains Innovation noodle wheat trade.

Research Portfolios
Victorian grain grower Julia Hausler poses a
question to the crowd at the Understanding
Grain Quality and Market Requirements Forum
in Horsham in April.

Understanding Grain Quality and

Market Requirements Forum
roadshow
During March and April 2014 AEGIC hosted
the Understanding Grain Quality and
Market Requirements Forum roadshow.

Support Services
The roadshow consisted of five forums
held in:
Goondiwindi, Queensland
Narrabri, New South Wales
Wagga Wagga, New South Wales
Horsham, Victoria
Adelaide, South Australia Japans First Lady Her Excellency Mrs Akie Abe catches noodles fresh off the cutter on her
visit to AEGIC. DAFWA Director General Rob Delane watches on.
The roadshow was held in partnership
with each State agricultural agency, Grain
Growers Limited, Wheat Quality Australia,
Pulse Australia, Australian Oilseeds

Our Organisation
Federation and Barley Australia. The THE LAND Abstract
objective of these one-day events was to Thursday, May 15, 2014
update producers, advisors and industry
on quality and end-use requirements
Asian bread a rising opportunity
for wheat, barley, canola, pulses and GROWTH in south-east Asian bread Indonesia also holds exciting potential,
sorghum (in relevant regions). consumption holds exciting potential Ms Jettner said, noting its bread
for Australian wheat exports, according consumption is projected to grow by
Feedback revealed participants found to Australian Export Grains Innovation 28pc over the next five years.
the content informative and useful to Centres export expert Roslyn Jettner.
In 2013, Indonesia imported 4.4mt,
their everyday pursuits. Importation by the five biggest south-east which is just under 25pc of Australias
Asian markets Indonesia, Vietnam, total exports, she said.
Before (the forum) I didnt know
Philippines, Thailand and Malaysia are
Financial Statements

50 28
anything much about our end markets
> %
frequently in the top 10 Australian export
but now I have an understanding of the destinations, Ms Jettner said.
bigger picture and feel more confident
Their combined imports have increased
when advising clients on their varietal four-fold in the past five years, from 2.6
choices and how their decision relates million tonnes in 2007 to 10.6mt in 2012.
to end markets. International delegations Indonesias projected
Vietnam
visited AEGICimported
in 2013-141.4 million tonne and bread consumption growth
Leigh Norton, advisor Goondiwindi. 2mt of Australian wheat in 2013 and over the next five years
2012, respectively.
View presentations from the forums
here

ANNUAL REPORT 2014 45

Introduction
Research Portfolios

Special lunch event

In June AEGIC hosted Prof Jason Eglinton
from the University of Adelaides
barley breeding program for a special
lunch time briefing on Barley market
requirements and allied research. The
event was well attended by all facets of Daily media coverage updates, AEGIC uses Microsoft Dynamics, a customer
outlining AEGIC in the news and key relationship management system, to maintain
the industry. its contacts and customer interactions. Staff
industry issues of the day.
engaged in a comprehensive training session
Information management Weekly staff e-newsletter Catch to get them started with the new way of
Up celebrating achievements and doing things.
During 201314 AEGIC commissioned highlighting activities planned for the
Support Services

the Customer Relationship Management week ahead.

(CRM) system Microsoft Dynamics Key performance indicators
and compatible marketing program
The AEGIC Five-Year Strategic Business
ClickDimensions.
Microsoft Dynamics CRM is a powerful the catch-up Plan outlines the key performance
indicators (KPIs) of the Communication
tool for AEGIC, facilitating the storing and Information Services support service.
of all contacts and stakeholder Table 7 reports on the progress in the
interactions in one central, online achievement of these KPIs.
portal accessible by staff from almost
anywhere in the world. Table 7 CIS key performance indicators
ClickDimensions facilitates the
Key performance indicators Progress
Our Organisation

distribution of AEGICs information

products to all contacts existing in Customer relationship management Microsoft Dynamics was commissioned
Microsoft Dynamics and the subsequent (CRM) system implemented by during October 2013. A comprehensive
reporting of receive and read rates October 2013 change management strategy facilitating
of disseminated information, including staff usage of the system continues.
e-newsletters and media statements.
Web-based communications Social media accounts Twitter,
platforms established by November Facebook, LinkedIn and YouTube
Internal communications 2013 established and engaged with daily.
AEGIC is committed to regular effective
Dissemination of grain quality Five Understanding Grain Quality and
internal communications that promote
and market information to grain Market Intelligence Forums held across
inclusiveness, transparency and
producers and advisors. eastern Australia during MarchApril 2014.
Financial Statements

innovation within its staff team.

Monthly In the Loop e-newsletter
During 201314 key internal distributed to grain producers and other
communications efforts included: Australian industry stakeholders.
A two-day staff values, culture and General media articles.
planning workshop February 2014.
Training framework and courses/ Provision of three Grain Quality
services developed and ready for Workshops delivered during 201314 for
roll-out to industry by June 2014 bulk handler receival point staff.

46 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

Identifying efficiencies, assisting
to return value

Support Service 2:
Economic and Supply Chain Analysis

Introduction
AEGICs Economics unit has two Figure 17 The cost of getting grain from farm to ship
purposes: 1) to assess and prioritise
proposed AEGIC activities by determining 80
End point royalties
the value of the predicted outcomes to 70 State research and biosecurity levies
Australias export grains industry, and 60 GRDC levy
2) to analyse export grain supply chains
50 Port charges
and identify opportunities for enhanced
Rail freight 200 km
efficiencies and value-capture. 40
$/t

Research Portfolios
Storage for three months
30
Up country receival and shrinkage
Supply chain analysis 20 Potential rebates from bulk handler
During January 2014 AEGICs Economics 10
team broke new ground with the 0
release of the The cost of Australias
bulk grain export supply chains report. -10
WA NSW SA Qld Vic
The study analysed the bulk export CBH GrainCorp Viterra GrainCorp Emerald
supply chains of Queensland, New
South Wales, Victoria, South Australia Source: The cost of Australias bulk grain export supply chain Tamara Stretch, Chris Carter and Ross Kingwell
and Western Australia. See Figure 17
for a break-down of each States supply
chain costs.

Support Services
The authors relied upon publically- Communicating the findings
The objective of the study was to available data sets, which were also
provide industry and grain producers authenticated by each bulk handler. During February to May 2014 AEGIC
with greater understanding of Australias The draft report was distributed to bulk economists and report authors,
supply chain costs and to identify handlers and key public and private Professor Ross Kingwell and Dr Chris
opportunities for increased efficiencies industry bodies for review. Carter presented the reports findings
and value-return to producers. to grain producers, industry bodies and
government agencies across the country,
The research process involved extensive Substantial new port infrastructure for export at forums including:
interviews with stakeholders across the grain is being developed across Australia.
GRDC Crop Updates, Perth, February
supply chain to examine the unique Here (L to R) Dr Peter White, Prof Ross
Kingwell, Ian Wilkinson (DAFWA) and Dr 2014
operation and cost structures of each
States systems and processes. Chris Carter stand in front of the new Bunge ABARES National Outlook Conference,

Our Organisation
receival, storage and loading facilities for Canberra, March, 2014
export grain at the Bunbury port.
Grain Growers Limited National Policy
Group meeting, March 2014
Victorian Farmers Federation annual
conference, Ballarat, April 2014
Australian Farm Institutes Financing
Agricultures Future national
conference, Canberra, May 2014
Stakeholder engagement was carried
out at a further 17 local, national and
Financial Statements

international conferences, plus three local

seminars and discussed with eight key
state stakeholders in formal meetings.

ANNUAL REPORT 2014 47

 Media interest in the report has been
significant with 37 media features. A
highlight was Dr Carters appearance
Introduction

on ABCs Landline. The research was

also published in GRDCs Ground Cover
bi-monthly producer-facing publication.

Post-script
During May AEGIC published a post-
script to the report outlining six
priorities for further investigation
following industry consultation.
Research Portfolios

The six priorities are:

1. Organisational innovation for new
varieties.
2. Regulatory burden in the supply chain. Supply chain costs, including freight, account The changes decrease domestic targets
for about 30 per cent of grain producers for first-hand biofuel (made from
3. Fewer grain receival sites: A good or production costs.
bad move? oilseeds) and increase the percentage
of omissions reductions required from
4. Comparing international bulk export primary production. Imported primary
supply chains with Australia. The resulting report: Economic issues
surrounding wheat quality assurance: products must have also been farmed
5. Port capacities, efficiencies and the case of late maturing alpha-amylase in a way that meets these omission
charges. (LMA) policy in Australia has supported reductions.
6. Unpicking marketing windows. additional GRDC investment in LMA test The EU is the biggest importer of
Support Services

protocols and associated decision criteria. Australian canola and these changes
Competitor supply chain study could be detrimental to Australias
A paper resulting from this work has
During 2014 planning was carried out been accepted into an Australasian canola trade to the region. The
to expand the AEGIC supply chain Agribusiness Journal and will be workshop was held during July 2014
investigation into the supply chains of published during 2014. and brought together Australias leading
Australias main bulk grain competitors canola research and policy minds.
including Canada and the US. 2 Australian canola to Europe
AEGIC was successful in securing $30,000
Business and innovation analysis of GRDC funding to host a national
canola workshop in response to changes
1 Late-maturity alpha amylase to European Unions Renewable Energy AEGIC economists Prof Ross Kingwell (second
(LMA) left) and Dr Chris Carter (far right) meet with
Directive Policy.
Our Organisation

members of GRDCs Southern Panel Richard

The Economics team assisted AEGICs Konzag, Susan Findlay-Tickner and Dr Chris
Grain Quality and Processing Technology Blanchard to discuss supply chain costs.
Innovation research portfolio to analyse
an alternative approach to the current
LMA process.
The analysis compared the value of
producers accessing higher-yielding, but
possibly higher LMA-risk, wheat varieties
with the current LMA policy. The analysis
used a Monte-Carlo simulation to
Financial Statements

determine the net economic benefit

from relaxing the current LMA policy,
using random simulations of production
conditions and price to determine the
benefit under the set of policy scenarios.

48 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

Table 8 Economic and supply chain analysis key performance indicators 3 Noodle industry
Key performance indicators Progress The Economics team has been working

Introduction
with AEGICs Market intelligence team
Research reports on key A 35-page research report The cost of Australias and external industry members to
components of export bulk grain export supply chains was released develop models for systems to improve
grain supply chains in during January 2014. the value Australias grain industry can
Australia or in a competitor The addition of an eight-page post-script report derive from the production of noodle
nation. was published during May 2014. wheat for Japanese markets. The
results of this work are currently being
Conference or journal Four peer-reviewed journal articles on various
discussed with industry stakeholders.
papers on some key components of the supply chain published.
component of export grain (Australian Journal of Agricultural and Resource
supply chains in Australia Economics, Australasian Agribusiness Review) Key performance indicators

Research Portfolios
or in a competitor nation. Presentations made at ABARES National Outlook 2014 The AEGIC Five-Year Strategic Business
(Canberra), Agribusiness Crop Updates 2014 (Perth), Plan outlines the key performance
Australian Farm Institutes Financing Agricultures indicators (KPIs) of the Economic
Future (Canberra), ABARES 2014 (Port Macquarie), and Supply Chain support service.
Victorian Farmers Federation Conference (Ballarat), Table 8 reports on the progress in the
Greenhouse 2014 National Conference (Adelaide). achievement of these KPIs.

Where to for grain infrastructure?

Radical reform of infrastructure is Figure 18 Consolidation of Canadian receival sites from 2000 to 2012 compared with
likely to be a key theme in Australian the current Australian situation
grain supply chains during the next

Support Services
five years. GrainCorp has already Number of receival sites Distance from farm to receival site
signalled the beginning of this reform 700
626 623
Number of sites or distance to

with the announcement of its Project 600

Regeneration. Significant trends seen
in North America during the past 10 500
receival site

years suggest there will be substantial 400

pressure on Australian supply chain 271
300
infrastructure resulting in:
a reduction in number of grain 200
receival sites 100 80
improvements in the efficiency of 20 20
0

Our Organisation
loading sites Canada 2000 Canada 2012 Australia 2012
changes in rail efficiency Country and year
increased on-farm storage
longer haulage distances from farm
to receival sites (see Figure 18)
The extent to which these changes
manifest in Australia is uncertain.
Australias grain-producing areas
are substantially more dispersed
than those in Canada, with a less
Financial Statements

well-integrated grain supply chain

displaying strong, pre-determined path
dependencies. Can Australia extract
the efficiencies out of infrastructure
reform that has happened in North
America and will the costs and
benefits be shared evenly across the
industry? These will be some key areas
of focus for the AEGIC Economics team.

ANNUAL REPORT 2014 49

 These products are designed to assist the decision making
of Australian grain producers, international grain customers,
Government agencies and agribusiness.

Support Service 3:
Supply Dynamics
Introduction

Supply Dynamics provides grain Key achievements Historical reach

producers and industry stakeholders AEGICs newly-developed soil moisture
with accurate and timely assessments 1 STIN crop forecasting maps rank contemporary soil moisture
of seasonal crop production across the compared to the past 100 years. The
Australian grainbelt. During 201314 AEGICs agro-meteorology
maps also depict how full the soil
team improved and enhanced its STIN
AEGICs agro-meteorology team is expert profile is.
crop forecasting system.
in the assessment of the latest seasonal True forecasts
Geographical reach
Research Portfolios

indicators and the output of state-of-

The system had only previously
the-art ground-truthed satellite images. The STIN crop forecasting system now
assumed an average finish to the
facilitates the production of national soil
Led by Dr David Stephens the Supply season, however true crop forecasts
moisture maps and yield predictions
Dynamics team produces seasonal can be made when seasonal rainfall
that draw on data from 1050 real-time
forecasts, crop prospect reports, wheat outlooks are incorporated into yield
rainfall stations from the Bureau of
yield forecast maps (by shire), soil calculations. STIN was modified to
Meteorology (BoM), across Australia.
moisture and water use efficiency include rainfall from two climate-
This uses a direct feed of patch point
(WUE) maps. forecasting systems: 1) DAFWA Statistical
data (filled for missing data with surface
forecasting system, and 2) AEGIC ENSO
These products are designed to assist fitting) from the Department of Science,
Sequence System. These integrated
the decision making of Australian Information Technology, Innovation
seasonal and crop forecasts can be
grain producers, international grain and the Arts, Queensland (DSITIA).
mapped spatially as yield rankings, or
customers, Government agencies and During 201314 access to eastern state
as state-level wheat-yield predictions in
Support Services

agribusiness (including grain traders rainfall stations increased from 350 to

tonnes per hectare.
and marketers). 500 stations, while in WA 90 DAFWA
automatic weather stations where All historical finishes to the season
AEGIC applies an operational crop
added to the network. are put through model calculations
forecasting system, STress INdex (STIN),
to show a 90100 percentile range in
which integrates real-time climate data,
predicted yields.
soil data, broad-scale climate indicators,
and satellite imagery. AEGIC Supply Dynamics Manager
Dr David Stephens.
This integrated system will ultimately
have the potential to estimate crop
yields, crop type, crop area and
production from the farm scale to the
Our Organisation

national scale. With the provision of

quality data from bulk handlers this
system could be extended to predict
grain quality.
Financial Statements

50 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

Inputs considered
AEGICs yield forecasts can now factor in
seasonal fertiliser application.

Introduction
More aggregated and automated
functions
The system was modified to run on
multiple stations per shire (local
government area) with a weighting
function created to calculate a weighted
yield, or WUE. STIN was also made to
automatically run on many different
types of finishes to the season such as
analogue years, average, all years and

Research Portfolios
seasonal outlooks.

2 Crop Prospects Report

The reviewers requested AEGIC prove AEGIC produces Predicted shire wheat yield
causality between south-eastern maps throughout the growing season. This
Australian pressure and equatorial map current as at 15 September.
Pacific sea surface temperatures.
During June 2014 Dr David Stephens
Extension and communication
isolated the causality using an advanced During 201314 AEGICs yield and

Support Services
statistical approach (Granger causality) production forecasting information
with a Canadian statistician. The was successfully extended to its key
paper will be resubmitted to Nature audience through a multi-pronged
AEGICs yield and seasonal forecast
Geoscience journal with much-improved communication approach.
products and soil moisture maps were
colour figures showing how the ocean
combined to form the first AEGIC Crop Events
and atmosphere have to work together
Prospects Report, which was published Conferences researcher-focussed
for ENSO events to develop. David has
during June 2014.
also mapped global rainfall anomalies Dr David Stephens provided
following a negative EPI. an update on Australian grain
3 Reporting on the El Nio production trends at the
southern oscillation Collaborations International Cereal Conference in
During 201314 AEGIC continues to Fremantle, August 2013.
During 201314 the Supply Dynamics

Our Organisation
produce monthly summaries of the GRDC Crop Updates Perth February
team worked with CBH and Curtin
broad-scale El Nio Southern Oscillation 2014.
University on a joint project to develop
(ENSO) state and was one of the first Other conference presentations.
improved crop area estimates (crop
agencies to indicate that an El Nio
type, area planted) using satellite Field days and workshops grower-
was likely develop during 2014. AEGIC
imagery. The outcome of this project will focussed
made this prediction during October
be the first step into more detailed crop
2013, about 34 months before most Dr David Stephens attended the
yield and production estimates at the
other agencies relying on other models. Dowerin Machinery Field Days, WA
farm scale (10km grids).
The basis for this prediction is an El (August 2013 and 2014) and Yorke
Nio Prediction Index (EPI), which went The team is also using CBH shire Peninsula Field Days (September 2013)
negative during September 2013. wheat yields to work out a production and Eyre Peninsula Field Days (August
Financial Statements

efficiency in relation to potential yields. 2014) to discuss yield and production

AEGIC submitted a paper on its El Nio
It is hoped the determination of this forecasting with grain growers.
Prediction Index and the associated
ratio will enable Supply Dynamics to
dynamical theory to the prestigious David presented on the STIN and
produce spatial maps of actual yields
journal Nature Geoscience. The ENSO index to the National Farmers
using all-point source rainfall data
submission was sent out for peer review, Federations (NFF) Grains Policy
across the WA wheatbelt. An equivalent
but was rejected in the first instance. Council during their visit to Perth in
approach is planned for eastern Australia
using statistical sub-division yields. September 2013.

ANNUAL REPORT 2014 51

 AEGIC e-newsletters Table 9 Supply Dynamics key performance indicators
Seasonal and production updates and
Key performance indicators Progress
soil moisture information is distributed
Introduction

monthly in AEGICs e-newsletters Crop prospects report, national yield Crop prospects report, national yield
(Australian Grains Updates for rankings maps on AEGIC website, rankings map and crop yield forecasts
international customers, and In the crop yield forecasts (national) (t/ha, uploaded to AEGIC website and
Loop for Australian grain producers) maps) available on AEGIC website. distributed via AEGICs e-newsletters and
collectively reaching more than 5000 social media.
stakeholders.
Temporal and spatial maps of yield Completed. A national map of average
Media coverage trends and water use efficiencies water use efficiency for wheat has been
AEGICs yield and production forecasting developed and available on AEGIC produced at a statistical subdivision level
featured in the media 34 times during website by June 2013. for the period 20082010. The percentage
201314. change in water use efficiency from
Research Portfolios

19962000 to the 20082010 is also

Social media available on the AEGIC website.
AEGICs agro-meteorological products
Publications of early warning Five media statements issued, 34 instances
have been well received on social
systems, productivity grains and of media coverage, Crop Prospects Reports
media with the upload of new
forecasting outputs (15 years). (June 2014, August 2014) distributed to
products to Twitter. Twitter coverage in
more than 2500 stakeholders.
particular has generated high volumes
of interaction by way of retweets;
favouriting and comments.

Key performance indicators Key forecast and Decision making tools

The AEGIC Five-Year Strategic Business
production products
Support Services

Plan outlines the key performance 1. Predicted shire wheat yield

indicators (KPIs) of the Supply Dynamics maps
For international customers yield
support service. Table 9 reports on the 2. Soil moisture maps and soil moisture data provide
progress in the achievement of these
3. Crop prospects report indicators of production and allow
KPIs.
4. ENSO summary for better planning of grain sourcing
5. Water use (production) decisions.
efficiency For producers
All products are available online at The products aim to deliver timely
aegic.org.au and accurate information to
producers on which to base their
business decisions on.
Our Organisation

For traders
This information also assists traders
and other members of the export
grains supply chain. Traders use
the information for more accurate
and timely estimates of projected
harvest volumes to make more
informed marketing decisions.
For grain handlers
Financial Statements

Grain handlers require accurate

forecasts of grain volumes to
optimise their storage and transport
logistics.

52 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

The laboratories specialise in wheat and barley
quality and processing research.

Support Service 4:
Grain Quality Testing Laboratories

Introduction
AEGICs Grain Quality Testing (GQT) Together these services assist AEGIC During April 2014 AEGIC formalised
laboratories (formerly the Grain Products to achieve its vision of enhancing the a commercial testing arrangement
Laboratory) are a vital support to the international competitiveness and value with WA-based plant breeding
business research and development of Australian export grains. company InterGrain to carry out
activities and to AEGICs customer early germination and classification
engagement. Operating structure standard testing.
The laboratories specialise in wheat and Ongoing classification-level testing
AEGICs GQT laboratories operate pursuant
services were carried out for EdStar

Research Portfolios
barley quality and processing research to a Service Agreement between AEGIC
and are staffed by an experienced team Genetics.
and DAFWA. The agreement contracts
of scientists and technicians. The wheat the operation of the laboratories (based Requests for services steadily
quality testing laboratory is led by Troy at DAFWAs South Perth headquarters), increased during 201314. To cater
Adriansz and the barley quality testing including the services of the established for this the GQT laboratories have
laboratory is led by Stefan Harasymow. team, to AEGIC. developed a Request for Service
AEGICs GQT laboratories also have form, which can be downloaded
expertise in oat quality testing. from the AEGIC website.
Wheat Quality Testing
The GQT laboratories have three roles: Laboratory
1 Technical support for AEGICs grain
quality and processing research and Client services
development;
AEGICs fee-for-service wheat testing

Support Services
2 Fee-for-service testing services for services continued to develop and
external clients; and expand during 201314.
3 The facilitation of technical and Testing was carried out for plant The Grain Quality Laboratories facilitate
training exchanges with international breeding companies, bulk handlers, training programs such as for AEGICs Grain
customers and researchers. research agencies and international Quality Course provided to CBH Group receivals
milling companies. staff. Here course participants take part in a
noodle sensory test.

Our Organisation
Financial Statements

ANNUAL REPORT 2014 53

 AEGIC research support
Analysis of 2013 varietal samples
Introduction

collected enabled AEGIC to provide

quality data to international grain
customers.
As required and ongoing support
was provided for AEGICs National
Wheat Quality Research Innovation
research portfolio particularly for
the portfolios Australian Wheat for
Asian Bread Innovative Technology
Package.
Work is ongoing on the Multi Parent
Research Portfolios

Advanced Generation InterCross

(MAGIC) project a joint initiative
between CSIRO and DAFWA (the
project is partially managed by
AEGIC staff). The project will allow
researchers to identify and quantify Extension and communication AEGICs Grain Quality Testing laboratories
the traits associated with wheat provide capacity building opportunities in
quality parameters including milling During 201314 the wheat quality testing grain quality for industry.
yield, water absorption and baking laboratory provided laboratory tours and
quality traits. noodle sensory testing experiences for
visitors to AEGIC including producers,
International market engagement industry stakeholders and media.
Support Services

Assistance with the technical Key performance indicators

requirements was provided to
international delegations including Table 10 Wheat quality testing laboratory key performance indicators
those from:
Key performance indicators Progress
Nisshin Flour Milling of Japan
(January 2014) Services and activities Support for AEGICs National Wheat Quality
Japanese Flour Milling Association integrated and contributing Research Innovation program continues.
(June 2014) to achieving the outputs and Laboratory staff have assisted in the training of
outcomes of AEGIC Research AEGICs newly-appointed Wheat Research Officer
Portfolio programs.
Capacity building Junhong Ma.
The appointment of Regina Buswell Design and implementation Consultant, Ian Longson has been appointed
Our Organisation

as Laboratory Technical Officer during of structured delegation visit to further this initiative. Ian has carried out
January 2014 provided additional packages. comprehensive consultation with AEGICs
support for AEGICs wheat quality technical staff and industry stakeholders
testing services. including bulk handlers to determine the best
Troy Adriansz attended the approach for AEGICs technical transfer offerings.
International Association of Operative Troy Adriansz has provided input into this
Millers Conference in Vietnam process.
during October 2013. The conference
facilitated the further strengthening Increasing demand for the An increase in enquiries for grain testing service
of relationships between AEGIC, flour analytical services from requests.
millers, processors and grain traders. external stakeholders. Business protocols are nearing finalisation and
Financial Statements

downloadable request forms are now available

Troy and AEGIC Head Miller, Jonathan
on the AEGIC website.
Prosser, attended the International
Grains Program Advanced Milling AEGIC clients can register to access the Grain
Course at Kansas State University Testing Services database to register samples for
during March 2014. analysis and retrieve progressive results, for an
annual subscription fee.

54 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Barley Quality Testing Collaborative research
Excellence recognised Laboratory The barley quality testing laboratory

Introduction
was involved in national and
Client services international ring test groups
including Auscan Feedtest NIR
During 201314 AEGICs barley quality
network and the American Society of
testing laboratory provided fee-for-
Brewing Chemists analysis methods
service testing services to a range of
subcommittee.
external clients including plant breeders,
bulk handlers, public and private The barley quality testing laboratory
research agencies and grain producers was involved in an international
including: research collaboration with Canada,
benchmarking the quality of
Fastrack barley testing for InterGrain
Australian and Canadian barley

Research Portfolios
Breeding program testing for EdStar varieties growing in both locations.
Genetics
The testing of miscellaneous 2013 Extension and communication
harvest samples for CBH Barley quality testing laboratory
During May 2014 wheat quality General barley testing for a WA Manager Stefan Harasymow
testing laboratory Manager, organic barley grower presented a paper titled Malting
Troy Adriansz, was awarded the quality performance of stored
prestigious Lynsey Welsh Award for AEGIC research support barley from weather affected trials
Innovation in NIR (Near Infrared) at the Australian Barley Technical
Science. Troy received the award The laboratory provided support to Symposium (ABTS) in Melbourne,
for his paper titled NIR prediction projects within AEGICs Malting and during September 2013. The findings
of bioavailable lysine content in Barley Quality Australia program were the result of a joint research
including:

Support Services
soybean meal and soy protein project between AEGIC and DAFWAs
concentrate. The presentation Negotiating with the Joe White barley agronomy team.
was made at the combined Malting company (Cargill) to Stefan also presented at the
16th Australian Near Infrared commission a donated Gas InterGrain variety selection meeting
Spectroscopy Conference and New Chromatograph instrument for use in during February 2014.
Zealand Near Infrared Spectroscopy determining dimethyl sulphide (DMS)
Society in Coffs Harbour during levels in malt for use in AEGIC barley AEGIC attended and presented at
May 2104. research projects. Barley Australias Forum in Adelaide
during September 2014.
Assisting with the PMAGRDC
commercial validation project. The laboratory hosted a hands-on
session for producers and industry
Support for AEGICs barley biochemistry representatives at the AEGIC Open
(brewing) project see page 38. Day during February 2014.

Our Organisation
GRDC projects.
AEGIC Head Miller Jonathan Prosser.

Financial Statements

ANNUAL REPORT 2014 55

 Key performance indicators
Introduction

Table 11 Barley quality testing laboratory key performance indicators

Key performance indicators Progress

Services and activities integrated and The barley quality testing laboratory is supporting the start-up activities of AEGICs
contributing to achieving the outputs barley biochemist Dr Adel Yousif and providing analytical support to the Malting and
and outcomes of AEGIC Research Barley Quality Australia component of PMA.
Portfolio programs.
Increasing demand for the analytical A rapid increase in the amount of grain testing service requests has come about
services from external stakeholders. through AEGICs promotional and public relations activities as a wider range of
Research Portfolios

stakeholders learn about AEGIC. AEGIC is addressing client relations through a

working group involved in streamlining business processes, which is available as
information and downloadable request forms on the AEGIC website. Client enquiries
are followed up with a customised quotation, including terms and conditions.
AEGIC clients can register to access the Grain Testing Services database to register
samples for analysis and retrieve progressive results, for an annual subscription fee.
Documentation of quality testing Most GPL methodologies are recorded in manuals (wheat methods, barley methods,
methods and protocols by June 2014. oat methods) and are being progressively integrated/linked into DAFWAs grain
products laboratory database.
Support Services

Testing you can trust

AEGICs Grain Quality Testing Service Access progressive results in real time
carries out wheat quality analyses AEGIC uses an Oracle database system
in accordance with the American for sample work management. Grain
Association of Cereal Chemists and Quality Testing Service clients can
the Royal Australian Chemical Institute also register to access the database
Cereal Chemistry Division. Accuracy for sample registration, work planning
and precision of wheat laboratory and accessing results as soon as they
testing methods are accredited are available.
through periodic sample testing
The AEGIC Grain Quality Testing
Our Organisation

with Wheat Quality Australia (WQA),

enabling analysis of samples for service can assist:
Australian Wheat Variety Classification. Plant breeders
The AEGIC Grain Quality Testing Grain producers
Service carries out barley analyses Grains traders and marketers
in line with the European Brewing Grain classification bodies
Convention (EBC) Institute of Brewing
Other research agencies
and Distilling (IBD) and American
Society of Brewing Chemists (ASBC) To find out more about AEGICs Grain
methods of analysis. EBC and Quality Testing Service or to register Testing dough extensibility.
other check samples and ring tests interest visit here
Financial Statements

are routinely used to confirm the

accuracy and precision of laboratory
testing methodologies.

56 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
Research Portfolios
Support Services
Our
Organisation Our Organisation

Our Board 58
Our people 63
Corporate governance 65
Financial Statements

Finance and administration 66

ANNUAL REPORT 2014 57

 Our Board
Introduction

The current AEGIC Board is made up Board biographies

of the Chair, two Member-nominated
Directors and one independent Director.
The Board is supported by a Company
Secretary.

Board selection
The Board nominates candidates for
appointment by the Members to the
Research Portfolios

position of independent Director.

Terry Enright Chair David Fienberg

Terry Enright was appointed AEGIC Chair
Chief Executive Officer
on April 1 2014. David is the immediate past General
Manager/Chief Executive Officer of Lupin
Terry is a WA grains and livestock
Support Services

Foods Australia (LFA).

producer. As a former Chairman
of the GRDC Terry has overseen a He has significant experience across
reorganisation of Australias wheat- Australias grains industry including
breeding efforts, strengthening its farming, the overseeing of supply chain
national and commercial focus. He is an and grain handling operations to, most
Independent Director of the Australian recently with LFA, the development of
Livestock Export Corporation (Livecorp), new and novel lupin food products for
immediate former Director of Grain the export and domestic markets.
Producers Australia (GPA), Chair of
the Western Australian Crawford Fund David has significant experience in
Committee and a member of the Board people and business management
of Directors. Terry has served in a demonstrated particularly by his
leadership in the development of LFA.
Our Organisation

number of agriculture-related positions,

including as a commissioner of the This role began with the creation of the
Export Wheat Commission, a member Lupin Foods Transformational Strategy
of the standing committee on national and culminated in the commencement
research priorities and member of the of LFA which has seen the development
panel to conduct an independent review of human food lupin products which
of the Australian Centre for International sell across Australia and the world.
Agricultural Research (ACIAR). He is a member of the Australian
Terry was awarded an Honorary Institute of Company Directors.
Doctorate of Science in Agriculture from
the University of Western Australia. He
Financial Statements

is a graduate of the AICD.

58 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
Research Portfolios
Dr Bruce Lee Director Matthew Macfarlane Director Steve Marshall Director
Bruce has played a pivotal role in As a chartered accountant, Matt Steve has an extensive background
world-leading agrifood technology is an investor in information and in food science and technology
developments. He has a track communication technology (ICT) management. He was Managing Director
record of success in research and start-ups, with a particular interest of Goodman Fielder Ingredients Ltd

Support Services
development, business development in technology investments, including: from 1993 to 1998 and Technology
and commercialisation in the public and software, web-based businesses and Director from 1999 to 2001. Steve is a
private sectors. mobile communications. Director of Grains and Legumes Nutrition
Council (formerly GoGrains Health and
Bruce has extensive management Matt spent 11 years in Europe working
Nutrition), since 2006.
experience in large, complex, in the telecommunications market,
multidisciplinary, multicultural teams initially as a consultant and then A former Director of the Australian
that are geographically spread, including: as principal for large-scale mergers Rural Leadership Foundation (ARLF),
Syngenta, Novartis and Ciba-Geigy. and acquisitions. During this time he Steve was also a Director of the Rural
travelled extensively for business, Industries Research and Development
He is the former Director of the CSIRO
ultimately working on opportunities in Corporation (RIRDC) from 2002 and
Food Futures National Research Flagship,
more than 25 countries. Deputy Chair until 2008, a Director for
and a former Director of the Alliances

Our Organisation
three Cooperative Research Centres
for the Food, Health and Life Science He is a graduate of the Australian
(CRC), and served on the GRDC Board
Industries Group at CSIRO. Institute of Company Directors (AICD).
for seven years, including three years as
Bruce is currently with Genective, a Deputy Chair.
joint venture aimed at the development
He is a graduate of the AICD.
and commercialisation of genetically
modified corn traits.
He was awarded the Rabobank
Leadership Award in 2010 for his
contribution to agricultural chemistry.
Financial Statements

ANNUAL REPORT 2014 59

 Organisational chart
Introduction

CHAIRMAN

COMPANY SECRETARY

DIRECTOR DIRECTOR
Research Portfolios

CHIEF EXECUTIVE
OFFICER

CHIEF FINANCIAL
OFFICER
Support Services

STRATEGIC MARKET INTELLIGENCE COMMUNICATIONS AND

GRAIN QUALITY AND PROCESSING
REQUIREMENTS AND OPPORTUNITIES INFORMATION
TECHNOLOGIES
MANAGER/GENERAL MANAGER SERVICES MANAGER

Program Leader Wheat Quality Technical Markets Malting Barley Quality Australia Marketing, Media,
Middle East, China Manager Manager Events Officer

Program Leader Grain Research Business National Barley Grain Classification Stakeholder Liaison
Our Organisation

South East Asia, China Development Manager Services Pilot Malting Australia Officer

Program Leader Barley Malting Quality Industry Information Management

Grain Quality Research Officer
Japan, Korea and China Engagement Biochemist Coordinator

Strategic Market Intelligence Barley Malting Quality Innovation AEGIC Adjunct Professor Grain
Grain Quality Research Officer
Analyst Biochemist, Murdoch University Value Analysis, Curtin University

Professor of Grain Protein Malt Quality Innovation

Chemistry, Murdoch University Facilitator
Financial Statements

Adjunct Associate Professor,

Murdoch University

Operations Manager Pilot

Malting Australia, ECU

60 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
DIRECTOR

Research Portfolios
ACCOUNTS
EXECUTIVE ASSISTANT
ADMINISTRATOR

Support Services
ECONOMICS AND BUSINESS SUPPLY DYNAMICS NATIONAL GRAIN
ANALYSIS MANAGER MANAGER QUALITY LABORATORY

Crop Forecasting Analyst Wheat Quality Laboratory Barley Quality Laboratory

Economic Analyst
Programmer Manager Manager

Economic Analyst

Our Organisation
Supply Chain Laboratory Technical Officers IT Database Programmer

Financial Statements

ANNUAL REPORT 2014 61

Introduction
Research Portfolios
Support Services
Our Organisation

AEGIC fosters a strong culture of

collaboration across the business. Pictured
is AEGICs finance and Administration team
(from left) Chris Morton, Freya Deane and
Pamela Morris with Information Management
Coordinator Joanne Patroni (sitting).
Financial Statements

62 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Our people

Introduction
As at June 30 2014 AEGIC staff totalled
Figure 20 2014 staff breakdown
28 (see Figures 19 and 20).
AEGIC understands that skilled and Research Portfolios Support Services
motivated people are the most essential Science Communications
element required in order to achieve the
Companys objectives.
To create such a team AEGIC strives for Finance
best-practice in the recruitment and
retainment of staff.

Research Portfolios
Thorough processes are deployed to Markets Administration
monitor individual performance as a
means of ensuring the performance
of the greater team. AEGIC promotes
the continuous improvement of all Management
individuals and encourages engagement
in training and development
opportunities that will assist the meeting
of AEGIC current and future needs.
Recruitment Performance management
Recruitment and retention During 201314 14 people joined the AEGIC facilitates a staff annual
(values and culture) AEGIC team. performance review process that

Support Services
considers an individuals performance
The Company is committed to On commencement with AEGIC staff are
against established key performance
supporting a values-based culture. provided and guided through the AEGIC
indicators (KPIs) and their alignment
AEGICs values are integrity and respect, Employee Handbook, which outlines
with AEGICs culture and values.
leadership, innovation, excellence and important information for staff.
collaboration. The annual review is also an opportunity
Staff retention for staff members to discuss their career
These values guide AEGIC in all goals and working arrangements for the
its operations from a Board level, The retention of staff is assisted
year ahead.
through to how we interact with staff, through regular internal human
clients, collaborators and the greater resource seminars, ongoing internal Managers are encouraged to carry out
community. communications and the provision less formal, more regular touch-bases
of skill development opportunities. with their staff.

Our Organisation
These activities keep staff informed
and involved in AEGICs operations and
strategic direction.

Figure 19 Employee growth and breakdown by function 201314

30

25
(Assigned, LWOP, Direct Employ)

20
Number of staff

Financial Statements

15

10

Research Portfolios
5
Support Services
0 Administration
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
13 13 13 13 13 13 14 14 14 14 14 14 14 14 14

ANNUAL REPORT 2014 63

Introduction
Research Portfolios

During February 2014 staff took part in a two-

day workshop to formalise the culture and Figure 21 Human resource metrics
values underpinning AEGICs operation.
Totals for Jul 13 Sept 14

14 14 5.3%
Learning and development
Support Services

As part of the annual performance

review process staff members and
managers are encouraged to identify
areas in which they would like to Number of people Number of new positions Turnover
develop their skills to assist them in recruited created and filled 4 staff departed
their role with AEGIC.
These needs are registered in an
internal staff training record and where
appropriate facilitated by AEGIC. Workplace health and safety
Equal employment AEGIC operates pursuant to the
Our Organisation

Occupational Safety and Health Act

opportunity 1984 (WA).
Staff are employed under terms and
During 201314 there were two minor
conditions consistent with the Equal
workplace safety incidents.
Employment Opportunity Act (Cth) 1987.
The Company has established a
workplace health and safety committee
to identify and mitigate against risks in
the AEGIC workplace.
The company also has a designated
health and safety representative; three
Financial Statements

first aid-qualified staff members and an

emergency officer.

64 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

Corporate governance

Introduction
The Board of the Australian Export AEGIC recognises these rights by During 201314 AEGIC produced the
Grains Innovation Centre Limited providing: comprehensive AEGIC Employee Handbook
(AEGIC) recognises that for it to fulfil a website aegic.org.au outlining employees rights and
its responsibilities sound and effective responsibilities pursuant to applicable
financial reports and business
corporate governance is essential. legislation and internal policies.
activity statements
The Board has had regard to AEGIC stakeholder communication products Employee performance is managed
being a special-purpose member- through a formalised annual review
an annual general meeting (AGM).
funded entity with the express process and the measurement of
purpose of achieving a national individual KPIs.
centre of excellence for Australias Risk recognition and

Research Portfolios
export grains industry, which fosters management AEGIC is committed to creating,
collaboration. promoting and reinforcing a values-
AEGIC is committed to an organisation- driven culture to foster a rewarding and
The Board operates within the wide approach to risk management in fulfilling work environment to achieve
Constitutions parameters and guidelines establishing the context, identifying, its business objectives.
set down in the Members Agreement. analysing, evaluating, treating,
monitoring and communicating risk. Risk To realise this commitment AEGICs
Procedures are also in place to ensure Board and staff carry out their activities
management disciplines include regular
AEGICs compliance with legislation and in accordance with the following values:
management reviews and updates at
regulations applicable to its operation integrity and respect, leadership,
both management and Board level.
as a not-for-profit, company, limited by innovation, excellence and collaboration.
guarantee. An audit is carried out at each meeting
of the Board and monthly by senior Safeguarding the integrity of

Support Services
Planning management.
financial reports
The Board oversees the The Board has in place a workplace
The Board, Chief Executive Officer, Chief
implementation of a comprehensive health and safety (WHS) policy and
Financial Officer, Company Secretary and
five-year business plan and budget, procedure that accords with the
Auditors oversee:
which have both been endorsed by Occupational Safety and Health Act
Members GRDC and WAAA. This is 1984 (WA). AEGICs internal control and risk
complemented by a detailed annual management system
operating plan. Intellectual property The truthful and factual presentation
management of the financial statements
Ethical and responsible AEGICs compliance with all legal and
The Company has carried out an audit
decision-making of its IP and recorded it in an IP register.
regulatory requirements

Our Organisation
The Board promotes a code of conduct, The register is updated regularly and AEGIC prepares monthly financial
which applies to Directors and staff, a summary is provided to the Board statements, which report against
that requires high ethical standards of quarterly. Where appropriate AEGIC has budgeted and actual expenditure. Revised
behaviour to protect the interests of registered its IP interests. forecasts are prepared when appropriate.
all stakeholders in AEGIC and to ensure Quarterly financial reports are presented
confidence in AEGICs integrity. Business relationships to Members.
All members of the Board are graduates AEGICs business relationships are The Board receives quarterly timely
of the Australian Institute of Company governed by contracts, memorandums and detailed management reports in a
Directors. of understanding (MoU) and research form and quality to enable the Board to
and collaboration agreements. discharge its duties effectively.
Recognise rights of Members
Financial Statements

The risk management process requires

AEGIC is committed to recognising Human resources that the Chief Executive Officer and the
the rights of Members and other AEGIC operates in accordance with the Chief Financial Officer declarations to the
stakeholders through the provision of Fair Work Act 2009 (Cth). Board are in line with the Board Policy
company information, which is easy to Document.
understand, balanced and timely. Leave entitlements and workers
compensation are handled in accordance
with the Long Service Leave Act 1958
(WA) and Workers Compensation and
Assistance Act 1981 (WA).

ANNUAL REPORT 2014 65

 Finance and administration
Introduction

During 201314 AEGICs Finance and

Administration Service was instrumental Measuring performance
in transitioning AEGIC out of its start-up
phase to a fully-operational, independent, As a performance-driven organisation developing a tool that would met
compliant not-for-profit company. AEGIC is committed to achieving both the outlined brief and that was
its strategic and operational goals. flexible enough to change as the
Primarily the Service is responsible for The organisation as a whole as well organisation developed.
the operational management of AEGICs as each Research Portfolio and
$40 million in funding from Members The program chosen was Board.
Support Service are underpinned by
the GRDC and DAFWA. This includes Board is a worldwide company
rigorous key performance indicators
which was established in Switzerland
Research Portfolios

short- and medium-budgetary planning (KPIs) and projected budgets.

and the reporting of this planning and in 1994, as it is module-based,
actual expenditure to the AEGIC Board Recognising the importance of additional tools can be added as
and Members as per the deadlines measuring the progress towards the AEGICs needs change.
and detail specified in the Members achievements of these KPIs the Board
The Board development and
Agreement and the AEGIC Constitution. requested an easy-to-contribute-to
implementation phase is now
program that allowed the executive
Integral to this is the effective complete and as of 1 July 2015 all
and the Board to see at glance how
management of cash flow and short- monthly financial reports will be
AEGIC was tracking.
term surplus funds. produced in this system. Quarterly
Importantly the program would need reporting against KPIs will be
Under the leadership of the Chief to draw information from across produced in Board to allow tracking
Financial Officer, the Service prepares AEGICs current information-gathering of projects against targets in the
and submits the necessary reports the platforms. Annual Operating Plan.
Support Services

Australian Taxation Office and Australian

Securities and Investments Commission AEGIC commissioned the assistance
(ASIC). During 201314 AEGIC received an of NightSky Business Services to
unqualified Auditors report. assist the company in sourcing and

High-level administrative support is also

provided to AEGICs Research Portfolios Key achievements include:
and Support Services to facilitate
The implementation of best-practice,
the organisation achieving AEGICs
whole-of-organisation budget
vision to enhance the international
management;
competitiveness and value of Australian
grains. This support includes meeting The establishment of a payroll
and event management; catering and system and the ongoing management
Our Organisation

other associated hosting activities and of staff contracts, salaries and

travel arrangements. entitlements; and
The commissioning of a specialised
During 201314 AEGIC enlisted the
online staff time-management
services of a specialised travel
program.
consultant to facilitate the staff
members travel requirements to ensure
safety and efficiency.
Financial Statements

66 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

 Introduction
Research Portfolios
Support Services
Financial
Statements Our Organisation

Directors Report 68
Statement of Profit or Loss and Other
Comprehensive Income 73
Statement of Financial Position 74
Statement of Changes in Equity 75
Financial Statements

Cash Flow Statement 76

Notes to the Financial Statements 77
Directors Declaration 82
Auditors Declaration of Independence 83
Auditors Report 84

ANNUAL REPORT 2014 67

 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032

Directors Report
Introduction

The Directors of Australian Export Grains Innovation Centre Ltd (AEGIC) present their report together with the financial statements
for the year ended 30 June 2014 and the Independent Auditors Report thereon.

Directors
The Directors of Australian Export Grains Innovation Centre Ltd (AEGIC) for the period were:

Terence Enright Chair appointed 1 April 2014

Robert Sewell Chair appointed 24 October 2012 resigned 31 March 2014
Stephen Marshall Director appointed 24 October 2012 GRDC nominated Director
Research Portfolios

Bruce Lee Director appointed 24 October 2012

Matthew Macfarlane Director appointed 24 October 2012 WAAA nominated Director
Richard Price Director appointed 1 November 2012 resigned effective 25 August 2014

Directors biographies

Terence Enright
Hon Dr.Sc(Agric); GAICD

Chair
Appointed 1 April 2014
Support Services

Terry is a Western Australian grains and livestock producer. As a former Chairman of the Grains Research and Development
Corporation (GRDC) he has overseen a reorganisation of Australias wheat-breeding efforts, strengthening its national and
commercial focus. He is an Independent Director of the Australian Livestock Export Corporation (Livecorp), immediate former
Director of Grain Producers Australia, Chair of the Western Australian Crawford Fund Committee and a Member of the Board
of Directors. Terry has served in a number of Agriculture-related positions including as a Commissioner of the Export Wheat
Commission, a Member of the standing committee on national research priorities and Member of the panel to conduct an
independent review of the Australian Centre for International Agricultural Research.

Robert Sewell AM
FAICD

Chair
Appointed 24 October 2012 Resigned 31 March 2014
Our Organisation

Robert has more than 50 years of experience in the Australian grains industry as producer and in national leadership roles.
In 2004 he was made a Member of the Order of Australia in the Queens Birthday Honours List for services to international
marketing and the grains industry.
Financial Statements

68 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032

Introduction
Matthew Macfarlane
B.Com; GAICD

Director
Appointed 24 October 2012 WAAA nominated Director
Chartered accountant Matthew Macfarlane is an investor in information and communication technology (ICT) start-ups, with a
particular interest in technology investments, including software, web-based businesses and mobile communications.

Stephen Marshall
B.Sc (Hons); M.App.Sc; GAICD

Research Portfolios
Director
Appointed 24 October 2012 GRDC nominated Director
Steve has an extensive background in food science and technology management. He has held chief managerial positions in a
number of food manufacturing businesses and served on the board of a variety of Australian agriculture-related Government and
non-government research bodies.

Bruce Lee
BAgSc; M.ScAg; Dr.Sc.Agr; GAICD

Director
Appointed 24 October 2012

Support Services
Bruce Lee has played a pivotal role in world-leading agrifood technology developments.
He is the immediate past Director of the CSIRO Food Futures National Research Flagship, and Director of Alliances for the Food,
Health and Life Science Industries Group at CSIRO.

Richard Price
Managing Director
Appointed 1 November 2012 Resigned effective 25 August 2014
AEGICs inaugural Managing Director Richard Price has been actively involved in international agribusiness and capital markets
for more than 25 years. With a strong track record in farming and international finance, Richard operated a large-scale farming
business in the UK and is involved in extensive crop production in Australia. In recent years, Richard has focused on structuring
and managing agricultural funds and investments in wheat production in Western Australia. He tendered his resignation on 27

Our Organisation
April 2014, which took effect on 25 August 2014.

Financial Statements

ANNUAL REPORT 2014 69

 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032
Introduction

Principal activities
During the second year of operation AEGICs principal activities included grain quality research and development; grain quality
training; research and capacity building; research and analysis of and engagement with Australias export grain markets;
economic analysis of Australias export grain supply chain; geospatial crop and yield forecasting; and communications to extend
the activities of AEGIC to its target audience and to build the Companys profile.

Short-term objectives
AEGICs short-term objectives are to:
Research Portfolios

Develop a national centre of excellence for research and innovation related to grain quality, functionality and processing
technology for value creation for export grains.
Drive and facilitate the transfer of technical information on grain quality and functionality to international customers.
Focus research on innovation to maximise value across the supply chain.
Conduct market research and analysis and communicate the results to assist Australian grain producers to compete in
international markets.
Grow investment in Australian export grains quality research and innovation through establishing efficient, collaborative
partnerships that maximise the opportunity for private sector investment.

Long-term objectives
AEGICs long-term objectives are to:
Support Services

Enhance international competitiveness and value of Australian export grains through an improved understanding of global
grain markets, existing and emerging export markets, requirements and opportunities.
The increased value and competitiveness of Australias export grain through the accelerated improvement of export grain
quality and functionality and the development of innovative processing technologies.
Enhanced efficiency of export grain supply chains and the return of a greater percentage of export grains value creation to
producers.
Australian grain producers and customers of Australian grain utilising accurate objective in season grain yield and quality
forecasts to make more informed business decisions.
For AEGIC to be the preferred source of credible information on the Australian export grains industry, assisting in increasing
the international competitiveness and value of Australian export grains and bolstering industry capacity through the effective
communication of AEGICs services.
Our Organisation

Strategy for achieving short and long-term objectives

To achieve these objectives AEGIC has developed two Research Portfolios 1) Grain Quality and Processing Technology Innovation;
2) Strategic Market Intelligence Requirements and Opportunities.
These Research Portfolios are assisted by four Support Services 1) Communications and Information Services; 2) Economics; 3)
Supply Dynamics (crop forecasting); 4) Grain Quality Laboratories.
The activities of these Research Portfolios and Support Services will be carried out by AEGICs world-class team of grain quality
scientists; market analysts; geospatial experts; economists; and communication and marketing professionals.
The strategic directions of these business areas are outlined in AEGICs Five-Year Business Plan and the operational activities in
Financial Statements

AEGIC 201415 Operating Plan.

70 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

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ABN 37 160 912 032

Introduction
201314 Achievements
1) During 201314 AEGIC made significant progress towards its objective of becoming a national centre of grain quality research
by partnering with universities and industry bodies on joint research initiatives. Examples include:
AEGICs collaboration with Murdoch University in the Grain Protein Chemistry Capacity Building Program. This Program sees
the appointment of a Professor of Grain Protein Chemistry; three post-doctorate positions and 10 PhD students to explore
the functional proteins of Australias grains.
A Memorandum of Understanding with the Department of Environment and Primary Industries, Victoria for collaborative
market research and export grain quality research.

Research Portfolios
A partnership with Edith Cowan University for the operation of Pilot Malting Australia Australias first national micro-
malting plant with the aim of hastening the accreditation of new barley varieties.
Informal collaborations with Austrade and Grain Growers Limited.
2) During 201314 AEGIC facilitated the transfer of technical information to international customers through seven in-market
visits (Indonesia, Vietnam, Philippines, Japan, Korea, China (x2)) including the hosting of industry workshops in Jakarta, Tokyo
and Seoul. AEGIC also established the Australian Grain Update a monthly e-newsletter for international customers which
provides technical and market updates pertaining to Australian grain.
3) During December 2013 AEGIC released a report The cost of Australias bulk grain export supply chain. The publication is
the culmination of research into operation of Australias bulk supply chains and the identification of opportunities for
improved efficiencies. Following a nation-wide tour highlighting the findings, AEGIC released a post-script to the report during
March 2014 which outlined seven priority areas for continued research and further industry probing. The report attracted
considerable positive media coverage and prompted good engagement with AEGIC by Australian grain growers.

Support Services
4) AEGICs grain yield forecasts down to a shire level; soil moisture maps and crop prospects reports are distributed regularly
(depending on the product type) to Australian grain growers via email; AEGIC website and social media. These products have
been received well by growers with positive feedback provided via social media. The products have also been published by
mainstream rural media and included in the newsletters of grain grower groups.
5) AEGIC has carried out significant research of Australias established and emerging export grain markets to identifying
opportunities for research and development initiatives that will further enhance the value of Australias grain exports.
Countries of focus have included Japan, Korea, Indonesia, Philippines, China, the Middle East and North Africa. To a lesser
extent research has also been carried out in regard to the operations of emerging international competitors such as India
and nations in the Black Sea region. The result of this research has been distributed via AEGICs In the Loop publication a
monthly e-newsletter for grain growers and Australian grain industry stakeholders; media products; and specialised reports
such as Australian wheat to Japan status, opportunities and outlook.

Our Organisation
6) AEGIC is increasingly recognised as the front-door to Australias grains industry and a provider of independent, credible
information. The media regularly seeks comment from AEGIC on grain export related matters. AEGIC has featured in the media
in excess of 400 times during 201314. Financial Statements

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 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032
Introduction

Board Member update

On 31 March 2014 Robert Sewell resigned as an AEGIC Director. On 1 April 2014 Terry Enright was appointed as the new Director
and Chair by AEGIC Members, the GRDC and DAFWA.
On 21 August the AEGIC Constitution was changed to make provision for the appointment of a Chief Executive Officer or the Board
may recommend to the members to appoint by a resolution of the members in accordance with rules 16 and 17 a Managing
Director instead of a CEO, with consequential changes in the minimum number of Directors reducing from five to four and
changes to the quorum number for board meetings.
Following the change to the Constitution, Richard Prices resignation from the position of AEGIC Managing Director took effect on
Research Portfolios

25 August 2014, with the board appointing David Fienberg to the position of Chief Executive Officer effective on 22 September 2014.
During the CEO recruitment phase, which commenced on 27 April 2014, Terry Enright has filled the role of AEGIC Executive Chair.

Directors meetings
Eight (8) Board meetings were held during the year with non-executive Directors attending every meeting at which they were
entitled to be present. The Managing Director attended seven Board meetings with leave of absence for one meeting.

Contribution in winding up
The Company is incorporated under the Corporations Act 2001 and is a public company limited by guarantee. If the Company
is wound up, the Constitution states that each Member is required to contribute a maximum of $10 towards meeting the
outstanding obligations of the Company and its entities. The total amount that the Members of the Company are liable to
Support Services

contribute if the Company is wound up is currently $20.

Auditors independence declaration

The auditors independence declaration as required under s.307C of the Corporations Act 2001 is included on page 84 of the
financial report.

Terence Enright Matthew Macfarlane

Chair Director
Our Organisation

Signed on this day 25 of August 2014

Financial Statements

72 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032

Statement of Profit or Loss and Other

Comprehensive Income

Introduction
FOR THE YEAR ENDED 30 JUNE 2014

Note 2014 2013

$ $
Revenue
Members Contributions 2 9,890,000 10,570,000

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Other Revenue 3 1,321,177 186,744

Total Revenue 11,211,177 10,756,744

Expenses
Accountancy expenses 5,471 14,356
Audit Fees 5 24,067 -
Legal Fees 15,030 938
Consultancy 471,885 223,977

Support Services
Directors fees 224,500 179,072
Other Director Expenses 39,951 22,891
Premises 94,104 113,495
Employee benefits expenses 4,002,570 3,023,653
Depreciation 23,305 -
Project expenses 843,901 853,920
Travel 221,987 61,291
Other expenses 377,032 79,168

Our Organisation
Total Expenses for the period 4 6,343,803 4,572,761

Current year surplus before income tax 4,867,374 6,183,983

Income tax expense 1(c) - -
Net current year surplus 4,867,374 6,183,983
Other comprehensive income for the year - -
Surplus Member contributions transferred to Equity 12 4,867,374 6,183,983
Financial Statements

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 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032

Statement of Financial Position

Introduction

AS AT 30 JUNE 2014

Note 2014 2013

$ $
Assets
Current Assets
Cash and cash equivalents 6 11,255,682 7,016,981
Trade and other receivables 7 207,838 374,377
Total Current Assets 11,463,520 7,391,358
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Non-Current Assets
Property, plant and equipment 8 106,535 1,082
Total Non-Current Assets 106,535 1,082

Total Assets 11,570,055 7,392,440

Liabilities
Current liabilities
Trade and other payables 9 413,856 1,183,322
Support Services

Financial facility 10 35,540 18,676

Provisions 11 69,302 6,459
Total Current Liabilities 518,698 1,208,457

Total Liabilities 518,698 1,208,457

Net Assets 11,051,357 6,183,983

Equity
Retained Members surplus contributions 12 11,051,357 6,183,983
Our Organisation

Total Equity 11,051,357 6,183,983

Financial Statements

74 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032

Statement of Changes in Equity

Introduction
FOR THE YEAR ENDED 30 JUNE 2014

Retained Surplus
$
Balance as at 24 October 2012 -

Comprehensive Income
Surplus for the year attributable to members of the entity 6,183,983
Other comprehensive income for the year -

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Total comprehensive income attributable to members of the entity 6,183,983
Balance as at 30 June 2013 6,183,983

Comprehensive Income
Surplus for the year attributable to members of the entity 4,867,374
Other comprehensive income for the year -
Total comprehensive income attributable to members of the entity 4,867,374
Balance at 30 June 2014 11,051,357

Support Services
Our Organisation
Financial Statements

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 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032

Cash Flow Statement

Introduction

FOR THE YEAR ENDED 30 JUNE 2014

Note 2014 2013

$ $
Cash Flows from Operating Activities
Member contributions (in cash) 8,349,000 7,600,000
Payments to suppliers and employees (5,344,508) (768,681)
Proceeds from operations 1,050,275 31,289
Net cash provided by (used in) operating activities 4,054,767 6,862,608
Research Portfolios

Cash Flows from Investing Activities

Interest received 313,774 155,455
Payments for property, plant and equipment 8 (129,840) (1,082)
Net cash provided by (used in) investing activities 183,934 154,373

Net increase in cash held

Cash at beginning of financial period 7,016,981 -
Cash at end of financial period 6 11,255,682 7,016,981
Net increase in cash held 4,238,701 7,016,981
Support Services
Our Organisation
Financial Statements

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AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032

Notes to the Financial Statements

Introduction
FOR THE YEAR ENDED 30 JUNE 2014

1 Statement of Significant Accounting Policies

This financial report is a special purpose financial report prepared in order to meet the needs of Members and which has
been prepared specifically for distribution to Members in accordance with the Companys Constitution.
The Directors have determined that the Company is not a reporting entity.
The financial report has been prepared in accordance with the Corporations Act 2001 and the disclosure requirements of
Accounting Standards:
AASB 101: Presentation of Financial Statements

Research Portfolios
AASB 107: Statement of Cash Flows
AASB 108: Accounting Policies, Changes in Accounting Estimates and Errors
AASB 1031: Materiality
AASB 1048: Interpretation of Standards; and
AASB 1054: Australian Additional Disclosures.
The financial report is prepared on an accruals basis and is based on historic costs and does not take into account changing
money values except where specifically stated.
The following material accounting policies have been adopted and it is intended, in the absence of fundamental change, that
the policies be applied consistently in subsequent reporting periods.
(a) Reporting Period

Support Services
The financial statements are for the reporting period 1 July 2013 to 30 June 2014.
(b) Comparative figures
When required by Accounting Standards, comparative figures have been adjusted to conform to changes in presentation
for the current financial year.
(c) Income Tax & Payroll Tax
No provision for income tax has been raised as the Company has received a private ruling from the Australian Taxation
Office, valid until 30 June 2016, confirming that AEGIC is exempt from income tax under section Item 1.3 of section 50-5
of the Income Tax Assessment Act 1997.
The Company has also received a ruling from WA State Revenue that AEGIC is exempt from State payroll tax.

Our Organisation
(d) Going Concern
This report has been prepared on a going concern basis. Unless there is an earlier significant material adverse event,
the Board does not expect there to be a need to change this policy prior to 201415 financial year.
(e) Revenue Recognition
Revenue for services rendered is recognised and accrued during the period it is derived and shown in the accounts
net of GST. Interest income is accrued and recognised during the period it is derived using the effective rate method.
Revenue from contractual arrangements is recognised and accrued in accordance with the terms of the contract.
Member contributions received as per the Members Agreement are accounted as a revenue in the year they are
received. Surplus contributions can be utilised for future undertakings and new research, development and extension
(R,D&E) programs commenced by AEGIC. This does not operate to prevent agreed contributions being deferred or
continued from year to year within new programs.
Financial Statements

(f) Plant and Equipment

Each class of property, plant and equipment is carried at cost or fair value as indicated, less, where applicable,
accumulated depreciation and any impairment losses.

ANNUAL REPORT 2014 77

 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032
Introduction

(g) Depreciation
The depreciation rates applied to each class of depreciable assets are the rates of depreciation allowed by the
Australian Taxation Office as a deductible expense for a taxable company. These rates have been adopted on a straight
line basis (computers 3 years, plant and equipment 10 years).
(h) Premises
The Company has access to office and other premises under a non-assignable License to Occupy granted to AEGIC in
accordance with the Members Agreement for the term of the Agreement. The License fee is fully expensed as incurred.
The License can be terminated by AEGIC on six months notice. As such no liability has been raised for the unexpired
term of the License.
Research Portfolios

(i) Employee Entitlements

Statutory superannuation contributions are made by the Company to a complying fund of the employees choice. If
no choice is made the Company contributes the statutory superannuation contribution amount into a superannuation
investment account in the employees name with a complying industry superannuation fund, the default fund.
Provision is made for the Companys liability to the reporting date for employee entitlements arising from services
rendered by employees.
The Company has adopted the national workplace relations system (Fair Work Australia National Employment
Standards [NES]) for its Long Services Leave policy and expense will be brought to account when the employee reaches
seven years of continuous service.
(j) Accounts Payable and Other Payables
Support Services

Accounts payables and other payables are recognised when the Company becomes obliged to make future payments
resulting from the purchase of goods and services.
(k) Economic Dependency
Australian Export Grains Innovation Centre Ltd is dependent on its Members for the majority of its revenue used to
operate the business. At the date of this report the Board of Directors has no reason to believe the Members will not
continue to support Australian Export Grains Innovation Centre Ltd.
(l) Directors Remuneration
Non-executive Directors were appointed 24 October 2012 by the Members and the Managing Director was appointed on
1 November 2012. One Director resigned 31 March 2014 and a new Director was appointed 1 April 2014.
The number of Directors whose remuneration as Directors fell within the following bands for 201314 are:
Our Organisation

2014 2013
Nil $40,000 5 4
$40,001 $80,000 1 1

As required by the Members Agreement the Company, through Deeds of Indemnity, Insurance and Access has
indemnified all Directors for any liabilities incurred as a Director, other than liabilities to the Company or a related body
corporate, or liabilities arising out of conduct involving lack of good faith. A Directors and Officers insurance policy is
maintained.
Financial Statements

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AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032

Introduction
2 Members Contributions

(a) Summary of Member contributions 2014 2013

$ $
GRDC Cash 5,000,000 5,650,000
DAFWA Cash 2,590,000 1,950,000
DAFWA In kind 2,300,000 2,970,000
Total Members Contributions 9,890,000 10,570,000

Research Portfolios
(b) Statement of member contributions including DAFWA actual in-kind contribution
2012 2013 2014 Total
$ $ $ $
Actual
GRDC 470,000 5,180,000 5,000,000 10,650,000
DAFWA (cash) 700,000 1,250,000 2,590,000 4,540,000
DAFWA (in-kind) 711,960 2,048,333 2,453,895 5,214,188
Total 1,881,960 8,478,333 10,043,895 20,404,188
DAFWA Contribution variance to carry forward 158,040 51,667 -153,895 55,812

Support Services
Cumulative Total 158,040 209,707 55,812 55,812

3 Other Revenue

2014 2013
$ $
Laboratory Services 789,757 -
Rental Income 16,360 15,735
Interest 326,727 155,455
Other Sundry Income 188,333 15,554
Total Other Income 1,321,177 186,744

Our Organisation
Financial Statements

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 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032
Introduction

4 Expenses
There has been considerable increase in expenses in 2013-2014 due to the ramping up of projects as defined in the Five-Year
Business Plan.
5 Auditors Remuneration
Auditors remuneration for auditing the 201314 financial statements was $14,000 which has been accrued in respect of
201314. The Auditors fee for the year ended 30 June 2013 was not brought to account in that period and has been paid in the
year ended 30 June 2014. The auditors did not receive any other benefits or provide any other services.
6 Cash and cash equivalents
Research Portfolios

Reconciliation of cash
Cash at the end of the financial period as shown in the cash flow statement is reconciled to the related items in the
Statement of Financial Position as follows:
2014 2013
$ $
Petty Cash 500 500
Business Account 553,277 24,526
Interest Bearing Account 10,698,687 6,991,955
Foreign Cash 313 -
ANZ Debit Card 1,956 -
Support Services

Load & Go Card 949 -

Total cash and cash equivalents 11,255,682 7,016,981

7 Trade and other receivables

2014 2013
$ $
Current
Trade and other receivables 207,838 266,999
GST Refundable - 107,378
Total trade and other receivables 207,838 374,377
Our Organisation

8 Property, plant and equipment

2014 2013
$ $

Plant & equipment at cost 129,840 1,082

Less provision for depreciation (23,305) -
Total property, plant and equipment 106,535 1,082
Financial Statements

80 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032

Introduction
9 Trade and other payables
2014 2013
$ $
Current Liabilities
Trade Creditors 33,065 1,126,846
GST Payable 51,193 -
Accrued Expenses 329,598 56,476
Total trade and other payables 413,856 1,183,322

Research Portfolios
10 Financial facility
2014 2013
$ $
Current Liabilities
Credit Card Facility 35,540 18,676
Total financial facility liabilities 35,540 18,676

11 Provisions

Support Services
2014 2013
$ $
Current
Provision for Annual Leave 69,302 6,459
Total provisions 69,302 6,459

12 Equity
Clause 2.2 of the Companys Constitution states If the Company is wound up each Member of the Company undertakes to
contribute to the assets of the Company up to an amount not exceeding $10.00 per Member for payment of the debts and
liabilities of the Company including the costs of the winding up. This undertaking continues for 1 year after a Member ceases

Our Organisation
to be a Member of the Company. The Company is holding a signed Guarantee of payment from each Member as evidence of
their obligation in the event of the Company being wound up amounting to $20.00.
The surplus in relation to unspent contributions received from Members in a given year can be utilized from year to year
within new programs and is not distributable among Members.
13 Events After the Balance Sheet Date
Managing Director, Richard Price tendered his resignation on 27 April 2014 which took effect 25 August, 2014. There are no
other significant events which, the Board of Directors are aware of that have occurred subsequent to the period ended 30 June
2014 until the date of signing this financial report.
14 Contingent liabilities and Commitments
As at 30 June 2014, the Company does not have any contingent liabilities or commitments.
Financial Statements

15 Company Details
Australian Export Grains Innovation Centre Limited
3 Baron-Hay Court
South Perth 6151
Western Australia

ANNUAL REPORT 2014 81

 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032

Directors Declaration
Introduction

The Australian Export Grains Innovation Centre Ltd (AEGIC) is a Company limited by guarantee, incorporated and domiciled in
Australia with the ABN 37 160 912 032.
The Directors have determined that the Company is not a reporting entity and that this special purpose financial report should
be prepared in accordance with the accounting policies outlined in Note 1 to the financial statements.
The Directors of the Company declare that:
The financial statements and notes, as set out on pages 77 to 81 present fairly the Companys financial position as at 30 June
2014 and its performance for the year ended on that date in accordance with the accounting policies described in Note 1 to the
financial statements; and
Research Portfolios

In the Directors opinion there are reasonable grounds to believe that the Company will be able to pay its debts as and when
they become due and payable.
This declaration is made in accordance with a resolution of the Board of Directors.

Terence Enright Matthew Macfarlane

Chair Director
Signed on this day 25 of August 2014
Support Services
Our Organisation
Financial Statements

82 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032

Auditors Declaration of Independence

Stantons International Audit and Consulting Pty Ltd
trading as PO Box 1908
West Perth WA 6872

Introduction
Australia
Stantons International Audit and Consulting Pty Ltd
Chartered
trading as Accountants and Consultants PO Box 1908
Level 2, 1 Walker Avenue
West Perth WA 6872
West Perth WA 6005
Australia
Australia
Chartered Accountants and Consultants Level 2, 1 Walker Avenue
Tel: +61 8 9481 3188
West Perth WA 6005
Fax: +61 8 9321 1204
Australia
ABN: 84 144 581 519
Tel: +61 8 9481 3188
www.stantons.com.au
INDEPENDENT AUDIT REPORT Fax: +61 8 9321 1204

TO THE DIRECTORS OF THE AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE L IMITED

ABN: 84 144 581 519
www.stantons.com.au

We have audited the financial report, being a special purpose financial report, of Australian Export Grains Innovation

Research Portfolios
Centre Limited, which comprises the statement of financial position as at 30 June 2014, the income statement
25 August
and 2014
statement of cash flows for the year ended 30 June 2014, a summary of significant accounting policies, other
explanatory Notes and the Directors Declaration.
Board of Directors
Directors Responsibility
Australian Export for the Financial
Grains Innovation Report
Centre Limited
The directors of
3 Baron-Hay the company are responsible for the preparation and fair presentation of the financial report and
Court
have
Southdetermined
Perth WA that
6151 the accounting policies described in Note 1 to the financial statements are appropriate to
meet the financial reporting requirements of the companys constitution and are appropriate to meet the needs of
the members. This responsibility also includes establishing and maintaining internal controls relevant to the
Dear Sirs
preparation and fair presentation of the financial report that is free from material misstatement, whether due to
fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are
RE: AUSTRALIAN
reasonable EXPORT GRAINS INNOVATION CENTRE LIMITED
in the circumstances.

In accordance
Auditors with section 307C of the Corporations Act 2001, I am pleased to provide the following
Responsibility
declaration
Our of independence
responsibility to opinion
is to express an the directors of Australian
on the special purposeExport Grains
financial reportInnovation Centre
based on our audit.Limited.
This was done

Support Services
by testing selected samples of the audit evidence. We believe that the audit evidence we have obtained is
sufficient
As Audit and appropriate
Director to audit
for the provideofa the
basisfinancial
for our statements
audit opinion.ofNoAustralian
opinion is Export
expressed as toInnovation
Grains whether the
accounting policies
Centre Limited used,
for theas described
year endedin30Note 1, are
June appropriate
2014, to meet
I declare that the
to needs
the bestof the
of members.
my knowledge and
belief, there have been no contraventions of:
An audit does not guarantee that every amount and disclosure in the financial report is error free, nor does it
examine all evidence and every transaction. However, our audit procedures should identify errors or omissions
(i) the auditor
significant enough independence requirements
to adversely affect of of
the decisions the Corporations
users Act report.
of the financial 2001 in relation to the audit;
and
Audit Opinion
( ii)our any
In applicable
opinion, codepurpose
the special of professional conduct
financial report in relation
presents fairly,to
in the audit. respects, the financial position of
all material
Australian Export Grains Innovation Centre Limited as of 30 June 2014 and of its financial performance and its cash
flows for the year ended 30 June 2014 in accordance with the accounting policies described in Note 1 to the
financial statements.
Yours faithfully

Our Organisation
Basis of Accounting
STANTONS INTERNATIONAL AUDIT AND CONSULTING PTY LTD
Without modifying our opinion, we draw attention to Note 1 to the financial report, which describes the basis of
(Trading as Stantons International)
accounting. The financial report has been prepared for the purpose of fulfilling the directors financial reporting
(An Authorised
responsibilities underAudit Com pany)
the Corporations Act 2001. As a result, the financial report may not be suitable for another
purpose.

Yours faithfully
STANTONS INTERNATIONAL AUDIT AND CONSULTING PTY LTD
(Trading as Stantons International)
(An Authorised Audit Com pany)

Sam ir Tirodkar
Director
Financial Statements

Sam ir Tirodkar
Director
25 August 2014

Liability limited by a scheme approved

under Professional Standards Legislation

Liability limited by a scheme approved

under Professional Standards Legislation

ANNUAL REPORT 2014 83

 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE LTD
(LIMITED BY GUARANTEE)
ABN 37 160 912 032

Auditors Report
Stantons International Audit and Consulting Pty Ltd
trading as PO Box 1908
West Perth WA 6872
Introduction

Stantons International Audit and Consulting Pty Ltd Australia

trading as PO Box 1908
Chartered Accountants and Consultants LevelWest Perth WA
2, 1 Walker 6872
Avenue
West Perth WA Australia
6005
Chartered Accountants and Consultants Australia
Level 2, 1 Walker Avenue
West
Tel: +61Perth WA3188
8 9481 6005
Australia
Fax: +61 8 9321 1204
Tel: +61
ABN: 8 9481
84 144 581 3188
519
Fax: +61 8 9321 1204
www.stantons.com.au
INDEPENDENT AUDIT REPORT
ABN: 84 144 581 519
TO THE DIRECTORS OF THE AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE www.stantons.com.au
L IMITED
INDEPENDENT AUDIT REPORT
TO THEthe
We have audited DIRECTORS OF THE
financial report, AUSTRALIAN
being EXPORT
a special purpose GRAINS
financial INNOVATION
report, of AustralianCENTRE L IMITED
Export Grains Innovation
Research Portfolios

Centre Limited, which comprises the statement of financial position as at 30 June 2014, the income statement
and
We statement
have audited of the
cashfinancial
flows for the year
report, beingended 30 June
a special 2014,
purpose a summary
financial report,of of
significant accounting
Australian policies,
Export Grains other
Innovation
explanatory
Centre Limited,Noteswhich
and the Directors
comprises theDeclaration.
statement of financial position as at 30 June 2014, the income statement
and statement of cash flows for the year ended 30 June 2014, a summary of significant accounting policies, other
Directors
explanatoryResponsibility for the Financial
Notes and the Directors Declaration. Report
The directors of the company are responsible for the preparation and fair presentation of the financial report and
have determined
Directors that the accounting
Responsibility policies described
for the Financial Report in Note 1 to the financial statements are appropriate to
meet the financial
The directors reporting
of the company requirements of thefor
are responsible companys constitution
the preparation andpresentation
and fair are appropriate
of theto financial
meet thereport
needsandof
the
havemembers.
determined This
thatresponsibility
the accounting also policies
includesdescribed
establishing
in Noteand1 maintaining
to the financialinternal controlsare
statements relevant to the
appropriate to
preparation and fairreporting
meet the financial presentation of the financial
requirements report thatconstitution
of the companys is free fromand material misstatement,
are appropriate to meetwhether due to
the needs of
fraud or error; selecting
the members. and applying
This responsibility alsoappropriate accounting policies;
includes establishing and making
and maintaining accounting
internal estimates
controls relevantthatto are
the
reasonable
preparationinandthe fair
circumstances.
presentation of the financial report that is free from material misstatement, whether due to
fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are
Auditors
reasonable Responsibility
in the circumstances.
Our responsibility is to express an opinion on the special purpose financial report based on our audit. This was done
Support Services

by testing selected
Auditors samples of the audit evidence. We believe that the audit evidence we have obtained is
Responsibility
sufficient and appropriate
Our responsibility to provide
is to express a basis
an opinion forspecial
on the our audit opinion.
purpose No opinion
financial is expressed
report based as to This
on our audit. whether the
was done
accounting
by testing policies
selected used, as described
samples of the in Noteevidence.
audit 1, are appropriate
We believe to meet
that the
the needs
audit of the members.
evidence we have obtained is
sufficient and appropriate to provide a basis for our audit opinion. No opinion is expressed as to whether the
An audit does
accounting not guarantee
policies that every
used, as described amount
in Note andappropriate
1, are disclosure to in meet
the financial
the needs report
of theis members.
error free, nor does it
examine all evidence and every transaction. However, our audit procedures should identify errors or omissions
significant enough
An audit does nottoguarantee
adversely that
affectevery
the decisions
amount andof users of the in
disclosure financial report. report is error free, nor does it
the financial
examine all evidence and every transaction. However, our audit procedures should identify errors or omissions
Audit Opinion
significant enough to adversely affect the decisions of users of the financial report.
In our opinion, the special purpose financial report presents fairly, in all material respects, the financial position of
Australian Export Grains Innovation Centre Limited as of 30 June 2014 and of its financial performance and its cash
Audit Opinion
flows
In ourfor the year
opinion, the ended
special30 June 2014
purpose financialin report
accordance withfairly,
presents the accounting
in all materialpolicies described
respects, in Noteposition
the financial 1 to the of
financial statements.
Australian Export Grains Innovation Centre Limited as of 30 June 2014 and of its financial performance and its cash
flows for the year ended 30 June 2014 in accordance with the accounting policies described in Note 1 to the
Basis of statements.
financial Accounting
Our Organisation

Without modifying our opinion, we draw attention to Note 1 to the financial report, which describes the basis of
accounting. The financial report has been prepared for the purpose of fulfilling the directors financial reporting
Basis of Accounting
responsibilities
Without modifying underour theopinion,
Corporations
we draw Actattention
2001. Astoa Note
result,
1 the financial
to the report
financial maywhich
report, not bedescribes
suitable for
the another
basis of
purpose.
accounting. The financial report has been prepared for the purpose of fulfilling the directors financial reporting
responsibilities under the Corporations Act 2001. As a result, the financial report may not be suitable for another
Yours faithfully
purpose.
STANTONS INTERNATIONAL AUDIT AND CONSULTING PTY LTD
(Trading as Stantons International)
Yours faithfully
(An Authorised
STANTONS Audit Com pany)
INTERNATIONAL AUDIT AND CONSULTING PTY LTD
(Trading as Stantons International)
(An Authorised Audit Com pany)
Financial Statements

Sam ir Tirodkar
Director
25
Sam August 2014
ir Tirodkar
Director
25 August 2014

Liability limited by a scheme approved

under Professional Standards Legislation

Liability limited by a scheme approved

under Professional Standards Legislation

84 AUSTRALIAN EXPORT GRAINS INNOVATION CENTRE

Enhancing the international competitiveness
and value of Australias export grain through
science, technology and innovation.

Australian Export Grains Innovation Centre Ltd

ABN 37 160 912 032
3 Baron-Hay Court
South Perth WA 6151
P: +61 (0)8 9368 3785
E: [email protected]

aegic.org.au