News and Media features Nui's Ashley Honey

Published on 12 August 2021


Trading places

Ashley Honey of Nui thinks that by embracing commodity trading technology, meat processors can cut out the middleman and improve their businesses.

It’s a common scene in ‘80s Hollywood films, from “Ferris Bueller’s Day Of” to “Trading Places” — the frantic, high-octane commodity trading pits. Whether in Chicago, Philadelphia or New York, the image of energetic traders yelling about prices, pushing through mobs of competitors, and sweating through their dress shirts was an iconic visual of American finance.

Yet now, in 2021, the trading pits are quiet. Thanks to revolutions in computing, servers and screens have replaced the famed “open outcry” system, and the bulk of futures trading for hogs, cattle and corn are handled not with hand signals and booming voices, but rather, with tablets. Ashley Honey thinks a similar transformation should take place for the meat trade.

Deeply knowledgeable in finance and economics, Honey has nearly two decades of experience in commodities, foreign exchange trading and treasury risk management, and is currently the senior vice president of the Americas region for Nui, a New Zealand-based trading platform that is working to change how agriculture processors distribute their products to clients.

Read the full article from here (PDF).

Back to News and Media

In other news

  • Pivotal new appointment signals exponential growth of Nui trading platform
    Published on 15 March 2023

    Nui is proud to announce the appointment of Ashwini Law as Head of Region. Ashwini, a titan in the international dairy market, brings with him over 25 years of proven success in commercial investments, strategic sourcing, and supply chain management to drive P&L in the agri-commodity sector. Read more

  • FrieslandCampina begins online trading with Nui
    Published on 16 February 2023

    FrieslandCampina has a long history with milk, dating back to 1871 when farmers formed the precursor to its current cooperative. Read more

  • Price discovery in an uncertain world
    Published on 09 February 2023

    If there’s one thing that markets hate, it’s uncertainty. Whether you are buying, selling or trading or even just trying to pick market trends for arbitrage opportunities, uncertainty and unpredictable volatility makes it all harder. Read more

  • Well, that was a year…
    Published on 21 December 2022

    As we draw towards the close of 2022, it’s a good opportunity to pause and reflect on what has been something of an extraordinary year for all of us. Read more

  • Darigold launches online trading platform
    Published on 19 December 2022

    Darigold is one of the largest dairy cooperatives in the US and is known for delivering fresh high quality, value-added dairy products to organizations around the world. Read more