History

Independent Commodity Management (ICM) is a market advisory business focussed on delivering consistent quality advice to a defined group of corporate and private rural producers. The aim of our business is to tailor risk management strategies to specific producers whilst taking into consideration their attitude to risk, financial goals, and experience with various marketing tools.

Our business has been operating since 2000 and is based in Toowoomba, QLD. Independent Commodity Management provides portfolio style price risk management to Cotton and Grain producers spread from Victoria to Central Queensland.

Our advisors at ICM have significant experience in both accumulation and market advisory and have built a client base of innovative and committed clients in both the dryland and irrigation industry. Our business is based on personalised service delivered to clients whom are prepared to outsource their marketing expertise.

Marketing across the cotton and grain industries has become complex during the past twenty years as domestic and international traders release innovative products in an attempt to gain market share and differentiate themselves from the group. ICM provides a service that allows producers to separate themselves from the hard sell and presents them with an informed recommendation taking into consideration their personal circumstances and requirements.

Licencing

In order to comply with the ASIC Australian Financial Services Reform Act, ICM obtained a licence to advise on Derivatives and Foreign Exchange in 2003, and upgraded this to include Dealing on behalf of clients in 2004. This licence allows us to advise clients on Derivative and Foreign Exchange hedging strategies relating to the pricing of their physical product, and under instruction place orders on their account without becoming a signatory. This licencing ensures absolute transparency for our clients through ASIC compliance requirements and requires us to have appropriate documentation and policies to ensure that our clients are treated fairly.