Jon DuffyFrontier Agriculture LtdMalvern Farming Conference15th November 2012

Grain Logistics

Seed Processing

Grain StorageGrain Marketing

Crop Nutrition

Activities

Grain Exports

Contract Services

Agronomy Trials

Activities

Precision FarmingCrop Agronomy

POWER INAGRICULTURE

• Resources• Economics• Politics

AGRICULTURE HAS POWER– and a very bright future!

London Wheat Futures

Real power sits with the consumer/retailer/

processorTony Blair: “UK needs

to concentrate on organic niche farming”

Paradigm shift of power. Consumer is squeezed, retailing

is putting margin pressure on processors – power sits with

farmers & tradersDavid Heath: “we need a

production supply industry that concentrates on productivity and can thrive without unnecessary

barriers from Government”

7

Projected World Population Growth2011 to 2050 (From 7 to 9.5 billion?)

Africa+1 Billion

Asia+1.8 Billion

Southern Hemisphere Grain Belt

Northern Hemisphere Grain Belt

Latin America+300 million Mid-Latitude Demand Concentration

Growth in wheat imports = 40.4 MMT

Growth in corn imports = 40.9 MMT

Source: US Wheat Associates

Second Agricultural Revolution– Collaboration in the supply chain

Second Agricultural Revolution– Collaboration in the supply chain

Second Agricultural Revolution– Collaboration in the supply chain

The UK has to...The UK has to...

• Identify strengthsIdentify strengths

• Embrace technologyEmbrace technology

• Re-investRe-invest

• Employ the best peopleEmploy the best people

• Recognise comparative advantagesRecognise comparative advantages