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Lachstock Consulting - Agribusiness Advice, Risk Management and Farm Management
Minimise your risk, maximise your return

About Us

Lachstock Consulting was founded in 2007 as the wheat market approached deregulation. The evolution of grain marketing, procurement and distribution brought with it a rapid increase in grain price and grain product release. More participants appeared and with more products hitting the market the function of selling and buying grain often became more complex. Lachstock Consulting aimed to take some of the complexity and noise out of the market, bring the focus back to the key drivers of the business and then build goals specific to the farm business and then choose which suite of new products would suit. Often people started with the solution or the product, so bringing it back to the horse first provided greater success and alignment to business objectives. To increase profitability and reduce risk.

For Australian farmers, Lachstock Consulting provides solutions in grain farming, dairy farming, poultry farming, pork farming and livestock farming around price risk management, market risk, brokerage, logistics, quality control and marketing information.

For Corporate Agribusiness, Lachstock Consulting provides supply chain, research, market risk, logistics, brokerage, and management consulting services to traders, exporters, government, consumers, transport companies and investment banks.

For all customers Lachstock Consulting services are based on objective analysis and real business situations. We do not use “Crystal Ball” or subjective planning in developing solutions to our clients requirements.

Lachstock Consulting holds an AFSL #320 562 to provide advice to wholesale clients on derivatives and foreign exchange.

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Lachstock Team Profiles

Lachie Stevens - MANAGING DIRECTOR

Lachie Stevens Lachstock Consulting is managed and directed by Lachie Stevens.  Lachie is from a family farming enterprise, has a bachelor of Agricultural Science from Melbourne University, a diploma in Risk Management from Monash University, an advance diploma in Applied Finance and Investment from the Securities Institute.  He has had over 14 years of experience in the grain industry, with 7 years employment at Global Commodity Trading Giant Louis Dreyfus where he was responsible for analysis, sorghum trading, canola trading, risk management and oilseeds management over his term of employment.  Lachie is also Managing Director of XLD grain, a grain trading business servicing the Tasmanian grain industry.


Tim Glass - EXECUTIVE DIRECTOR

Tim Glass Tim merged his private consulting business with Lachstock Consulting in July 2014, coming on board as Executive Director. Tim lives just north of Holbrook in southern NSW on a mixed farming property with his wife Kelly and three boys. Tim has a bachelor of commerce from Melbourne University, a Grad Dip in Finance from the Securities Institute and Diploma of Financial Markets Accreditation from AFMA. Tim has over 15 years experience in the Ag Commodity industry having started in his family grain merchant business, then joining AWB for 8 years in Melbourne, Portland Oregon, and Geneva Switzerland. After departing AWB, Tim joined National Australia Bank as the Global Head of Commodity Trading then the Director of Commodities based in Wagga for 5 years. Following which Tim started his own consultancy business advising Corporate and Family Run agricultural enterprises. Tim brings with him a strong background in trading Ag Commodities and Managing Risk for producers, consumers and corporate agribusiness'. Tim's own farming enterprise and his banking experience give him a in depth level of understanding on how to drive more secure agricultural returns.

David Paton - SENIOR ADVISOR (DAIRY)

David Paton David grew up on a Dairy farm in the Mitta Mitta Valley in the North East of Victoria. He graduated from La Trobe university with a double degree in Bachelor Agricultural Science with Honours / Bachelor Business Majoring in Finance. He has previously worked for Glencore Grain for 5 years in Grain Accumulation, Fertiliser Trading and Logistics. He joined Lachstock Consulting in July 2012 as a senior dairy adviser, and dairy client manager and consultant.  David is the principal adviser to dairy farmers and has a strong focus on business development with farmers and corporates.

 


Stuart Timms - SENIOR ADVISOR (GRAIN - SOUTHERN)

Stuart Timms Stuart joined Lachstock Consulting in November 2014 to take on the role as Senior Advisor to grain farmers in the southern region and is based in Geelong.  Stuart brings nearly 8 years of experience from within the Grain Industry, with roles including grain marketing in southern WA for AWB, following which, working for Cargill as a regional sales manager for NSW and WA, providing Risk Management initiatives to corporate and key customers, along with developing detailed sales and marketing plans for regional end users.  Most recently Stuart worked for CBH Grain as a Protein and Oilseeds trader. Over his time in the Grains Industry Stuart has created strong, lasting and effective relationships with participants on all levels including farmers, end users, domestic and international customers.


Lachlan Hume - MANAGER RESEARCH & RISK MANAGEMENT PRODUCTS 

Lachie Hume Lachlan has a bachelor’s degree in Agricultural Science from the University of Melbourne and over 8 years’ experience in the grain industry. Lachlan started his career at AWB where he worked in accumulations and logistics, he then moved to Noble in an analytical role. The last 6 years of his career have been at CBH, where has been a Senior Trader of Wheat, Barley and Sorghum. Lachlan brings a good understanding of physical grain trading and risk management.


Anna Wells - SENIOR ADVISOR (GRAIN - NORTHERN)

Anna Wells Anna has worked in agriculture for over 18 years in both cotton and grain. After studying agronomy at the University of Queensland, Anna worked as an agronomist for two years before moving into cotton marketing with Queensland Cotton. Anna has also studied agricultural commerce, completed the Sydney Futures Exchange registered representative course and the CBA Cambiste financial markets seminar. Anna worked for global giant Monsanto where she won the prestigious master sales award for her work developing the first late crop removal program. Anna joined Louis Dreyfus in 2008 to develop their accumulation into northern NSW and southern QLD.  Anna is the principal advisor to grain & cotton growers and consumers in Northern NSW and QLD and focus on business development in the northern region.