Strong Source

by Strong Source

Season 1

Episode 24 with Richard Allen

In this episode of The Strong Source, we welcome Richard Allen, President of Fonterra Global Ingredients — the world’s largest dairy exporter — for an open conversation about the future of dairy, volatility in commodity markets, and the complexity of global supply chains. From his 18-year journey across continents with Fonterra to the bold decision to divest the company’s consumer division, Richard shares powerful insights on the evolution of the dairy industry, risk management, and what it takes to lead in uncertain times.

Episode 23 with Daan Struyven

In this episode we’re joined by Daan Struyven, Co-Head of Commodities Research at Goldman Sachs, for insights on gold, oil, AI-driven power demand, and how shifting geopolitics are shaping the global commodity landscape. Daan breaks down what’s driving markets—and where the signals matter most. *This episode was recorded on March 11, 2025.

Episode 22 with Corinna Olearo

Our guest star in this episode is Corinna Olearo, Head of Commodity Research and Price Risk Management at Nestlé. With over 17 years of experience in the commodity sector, she brings a sharp analytical mind and deep market insight to one of the world’s largest food companies. Starting her career as a sugar analyst, she now oversees a broad range of commodities, from cocoa and coffee to dairy and energy. In this episode, she shares her journey, the challenges of managing price risk at scale, and why curiosity, adaptability, and clear communication are essential in the ever-volatile world of commodities.

Episode 21 with Kendra Rhodes

In this episode of Strong Source – The Commodity Podcast, we sit down with Kendra Rhodes, Director of Global Risk Management, Market Insights, and Communications at General Mills, to explore how FMCG companies navigate extreme market volatility. Kendra shares insights on balancing procurement strategy with risk management, the shift from complex derivatives to simpler hedging approaches, and the critical role of data and agility in decision-making.

Episode 20 with Fausto Filice

In this episode of the Strong Source Podcast, we are excited to welcome Fausto Filice, a seasoned veteran in commodity trading with over three decades at Cargill and Bunge. Fausto has witnessed the transformation of global grain markets, from traditional deal-making to today’s data-driven landscape. Throughout this conversation, Fausto shares insights on the evolution of commodity trading, the role of leadership and teamwork, and why fundamentals remain crucial despite technological advances. He also offers a candid look at managing risk, navigating volatility, and sustaining a successful career in trading.

Episode 19 with Rob Gosman

In this episode of the Strong Source Podcast, we are excited to welcome Rob Gosman, a seasoned commodity trader with over 30 years of experience in energy and oil trading. Having worked at industry giants like Cargill and BP, Rob has navigated some of the most volatile market conditions and played a crucial role in leading successful trading teams. Throughout this conversation, Rob shares his journey from agricultural trading to the energy sector, offering insights into risk management, market dynamics, and the evolution of commodity trading. He also provides a first-hand account of managing trading risk during the 2020 oil crash amid the COVID-19 pandemic and discusses the importance of learning from mistakes, adapting to market changes, and maintaining a trader’s mindset. Whether you’re an aspiring trader, a market enthusiast, or someone looking to understand the complexities of global commodity markets, this episode is packed with valuable lessons and compelling stories from one of the industry’s most experienced professionals.

Episode 18 with Dwight Anderson

In this episode of the Strong Source Podcast, we are excited to welcome Dwight Anderson, founder of Ospraie Management and one of the most respected names in commodity investing. With decades of experience, Dwight has navigated volatile markets, from trading cocoa and metals to managing hedge fund risk during the 2008 financial crisis. Throughout this conversation, Dwight shares his insights on the evolution of commodity trading, the impact of algorithmic strategies and AI, and why fundamentals still matter in today’s market. He also offers a candid look at the weight of leadership, the responsibility of managing capital, and what it takes to build a successful investment firm.

Episode 17 with Ed Turner

In this episode, we welcome Ed Turner, an experienced commodity trader with over a decade in the energy markets. Ed discusses his journey from trading base metals at Mitsubishi UFJ to leading Mandara’s trading desk. Now a Senior Trader at Gunvor and an entrepreneur with Shogun Sakes Ltd., he shares insights on navigating oil trading dynamics, the transition from large firms to smaller, high-intensity environments, and the importance of risk management. Ed also explores the psychological aspects of trading and his shift from market-making to a more strategic, balanced approach.

Episode 16 with Kristine Hochbaum

In this episode of the StrongSource Commodity Podcast, we are thrilled to welcome Kristine Hochbaum, a seasoned commodity trader with an impressive 19-year career at Cargill. Kristine has held several key leadership roles, including her most recent position as Global Trading & Risk Management Director for the oils and fats business. During her time at Cargill, Kristine significantly expanded the trading discipline across global markets, promoted inclusive leadership, and even increased female representation in her trading teams from 22% to 38%. Throughout her career, Kristine has been known for her dynamic leadership, keen risk management strategies, and ability to balance both people management and high-stakes commodity trading.

Episode 15 with Willem Uijen

With over 25 years at Unilever, Willem Uijen brings a wealth of experience, having worked across the globe in various supply chain roles before transitioning to procurement. As our first Chief Procurement Officer guest on the show, Willem offers unique insights into the challenges and strategies of managing commodities on a global scale, touching on topics like sustainability, supply security, and managing volatility in today's markets. Tune in for an engaging conversation with one of the top leaders in the FMCG industry.

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