ELDERS has announced the launch of a new agricultural market analysis unit, headed by former Mecardo analysts Matt Dalgleish and Andrew Whitelaw.
In a statement released this week Elders said the new unit, Thomas Elder Markets (TEM), will be aimed at assisting agricultural stakeholders to make more informed decisions that drive profitability on-farm.
The statement said TEM will operate under the Thomas Elder family, which is operated independently from the Elders business. The Thomas Elder business also comprises Thomas Elders Consulting (TEC), an independent consulting service, and Thomas Elder Institute (TEI), the group’s RD&E arm.
“Our analysts have a depth of knowledge of the sector and a profound understanding of how the right questions and insights can provide invaluable information for clients making costly decisions,” Elders chief executive officer Mark Allison said.
“The need for accurate and practical data to apply to decision making is a no-brainer in agriculture.
“The more informed our stakeholders and clients can be on commodities and the factors driving activity, the more successfully they can implement strategies over the short and long term that improve outcomes across their business or the sector more widely.”
TEM analyst Andrew Whitelaw said the new business was an exciting venture which promised to deliver objective and independent analytical reports to the sector.
“Our experience gained from working in the markets space and providing analytical content allows us to break down complex situations into easily understood and meaningful insights,” Mr Whitelaw said.
“While we have an inherent relationship with the Elders business, it’s truly important to us that we are an independent entity operating within our own charter to maintain the upmost integrity.”
TEM commenced operation on Monday.