The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. AgriSeta.

Slides:



Advertisements
Similar presentations
John Rose Chief Economist Financial Services The Economic Impact of the Late Night Economy June 28, 2012 The Economic Impact of the Late Night Economy.
Advertisements

December 2010 Economic Overview and Outlook Scottish Supply Chain Conference September 2012 Kenny Richmond Scottish Enterprise.
MDG UPDATE October, Progress on MDG’s: key trends and concerns Since 2000 the progress was significant but uneven; Recent economic crisis.
Chapter 13 Economic Challenges.
New Zealand economic outlook Grant Spencer Reserve Bank of New Zealand September 2012 Eriksens Actuarial Auckland, 25 September 2012.
Economic Challenges. Determining the Unemployment Rate A nation’s unemployment rate is an important indicator of the health of the economy. The Bureau.
Perspectives on U.S. and Global Economy Houston Region Economic Outlook Houston Economics Club and Greater Houston Partnership Omni Houston Hotel December.
Economic Growth and Globalization since 1850
Terms of trade and governance in recent developments of Central Asia Eshref Trushin The views are those of the author and do not necessarily reflect opinions.
Structure of the Food & Fiber Industry Linkages to the Farm Business Sector LESE 306 Fall 2008.
The U.S. Food & Fiber Industry Linkages to the Farm Business Sector Spring 2010.
Trade and Markets Division 20th Session FAO Intergovernmental Group on Tea – Colombo, Sri Lanka 30 Jan -1 Feb 2012 CURRENT SITUATION AND MEDIUM TERM OUTLOOK.
Standing Committee on Finance Sector Analysis 02 July 2014 Esther Mohube 1.
Jason Henderson Vice President and Branch Executive Federal Reserve Bank of Kansas City – Omaha Branch June 16, 2009 The views.
From recovery to growth? An economic overview Alan Cole Hampshire County Council Research & Intelligence “To ensure a strong and visible evidence base.
Role and importance of Distributive Trade Statistics Workshop for African countries on the Implementation of International Recommendations for Distributive.
Analysis of Doha Agriculture Negotiation Issues Relevant to Developing and Least Developed Countries Alexander Sarris February 2014.
Ivan Perkovic Head of Economic Research South East Economy Update & Potential impact of public sector cuts on the South East (December 2010 Update) January.
Institutional Learning and Change Initiative of the CGIAR 1 The new dynamics of poverty and the role of science in poverty alleviation Javier M. Ekboir.
Copyright 2010, The World Bank Group. All Rights Reserved. Importance and Uses of Agricultural Statistics Section A 1.
China Emerged—Rethinking Global Strategies March 1, China Emerged: Rethinking Global Strategies...
Overview  Overview of Irish Economy  Key Business Sectors  Skills requirements.
European economic & steel demand outlook Metal Expert Conference, Stresa, Italy Terrence Busuttil, April 2013.
South Africa Agricultural Situation Economic Highlights Five year average real GDP growth of 3.7%, higher then the world average of 3.3% but lower.
1 Situation and Outlook of the US Chicken industry Presented to : Southern Region Agricultural Outlook Conference Presented by : Hugues Rinfret Senior.
1 Coping With The Limits of Macroeconomic Policy The Recovery from the Great Recession In this presentation National forecasts are produced by Global Insight,
The sceptical optimist: – Mike Schussler Economists.co.za 1.
Higher food and fuel prices: What is the impact on the Thai economy and what to do about it?
Training Workshop on Trade in Services Negotiations for AU-CFTA Negotiators August 2015 Hilton Hotel Nairobi, Kenya UNCTAD Services in the Global.
Supply Curve Demand Curve What happens to demand if price goes UP? What happens to demand if price goes UP? What happens to supply if price goes UP?
Economic Outlook GFOA AZ Alan E. Maguire February 20, 2013.
Lessons & Perspectives Dr. George Norton Agricultural and Applied Economics Virginia Tech Copyright 2006.
Workshop on Medium Term Outlook for India’s Food Sector Overview of the Issues by by Shashanka Bhide NCAER Project Supported by Food and Agriculture Organisation.
Supply Curve Demand Curve Refers to shifts in the economy over time Refers to shifts in the economy over time Measured by the growth rate of.
Albanian Economy in the Global Economic Background Altin Tanku May 18 th 2012.
2011 NIFA HOUSING INNOVATION MARKETPLACE CONFERENCE JANUARY 26, 2011 ERIC THOMPSON, DIRECTOR UNL BUREAU OF BUSINESS RESEARCH & NEBRASKA BUSINESS FORECAST.
Supply Curve Demand Curve What happens to demand if price goes UP? What happens to demand if price goes UP? What happens to supply if price goes UP?
RUSSIA. GDP = 5.6% “Gross Domestic Product” means all of a countries production. It is what everything that country owns added all together. Inflation.
1 Survey of Economic and Social Conditions in Africa, 2006 Economic Commission for Africa Fortieth Session of the Conference of African Ministers of Finance,
World development and interdependence compilation.
International Development Chapter 9 Meaning of Development Measuring Development Location of More and Less Developed Countries Strategies for International.
The Distribution of Recent Economic Gains: Some early observations Ben Dolman.
Happy Birthday PATA But you are not 60 You are 20 with 40 years of experience.
PORTFOLIO COMMITTEE ON FINANCE September INTERNATIONAL ECONOMY.
Introduction to the UK Economy. What are the key objectives of macroeconomic policy? Price Stability (CPI Inflation of 2%) Growth of Real GDP (National.
Economic Commission for Africa Growth with Equity: The African Regional Experience 2010 Dialogue with the UNGA Second Committee Growth with Equity: The.
INTERNATIONAL MONETARY FUND JANUARY 2014 The Mauritanian Economy: Performance and Outlook.
1 Commodity price increases: causes, effects and policy responses G20 Conference on Commodity Price Volatility Istanbul, 13 th September 2011 Jonathan.
Recovery from the Global Crisis: Implications for SADC and Development Finance Keith Jefferis May 2010.
Noncompetitive division charts and policy questions The following pages provide a range of indicators (listed in alphabetical order) that you can use to.
Creating a Forecast Charles Steindel January 21, 2010 All views expressed are those of the author only and not necessarily those of the Federal Reserve.
Overview of the Korean Economy September 2009 Joong Shik Lee Research Department The Bank of Korea.
The Economic Outlook & the Global Financial Crisis Tasmanian Economic Forum Tony McDonald 4 December 2009.
9 June 2016 Absa AgriBusiness Presented by Deon van Wyk Disclaimer: Although everything has been done to ensure the accuracy of the information, the Bank.
International Development
The 2016 Economy: Our “Slow, Steady Ride”
International Development
Goal 8 Develop a global partnership for development
A macroeconomic overview
Economic growth Learning outcome V Define economic growth
Wine Import Analysis – Team 8
Introduction to the UK Economy
Albanian Economy in the Global Economic Background
Budget speech 2010 Economic outlook Presentation to Debswana – Jwaneng February 24, 2010 Bogolo Kenewendo Econsult Botswana.
FURNITURE NEW EUROPEAN SKILLS 2020
Chapter 17 How Economies Grow and Develop.
NS4540 Winter Term 2019 Argentina Indices
International Development
Economic Notes Economic Measures
Global economic growth
Presentation transcript:

The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. AgriSeta Awards 2010 Future of opportunity The fonts, font sizes, colours & styles have been set according to the guidelines laid down by the Marketing Division. Please do not change any of the above.

AGENDA Where does the sector find itself? Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Macro economic environment o Global o Domestic Agricultural economic environment The consumer and future trends o BFAP o Other global trends

Recession costs Crisis not costless and recovery not certain? Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Global Economy

IMF forecasts Economic activity on the mend Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Global Economy

Recovery profile of advanced economies How long will it take the SA economy to close the “output gap” Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Global Economy

Still experiencing a hangover? Recent recession somewhere between downswings of ’81 and ‘96. Surprisingly strong GDP growth in Q1 probably not sustainable. Do not expect double dip BUT growth could be relatively slow deviation in GDP relative to trend last 3 downswings Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Domestic Economy

Not creating jobs fast enough Jobless growth Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Domestic Economy

Household debt How long will deleveraging of consumers take Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Domestic Economy

Household deleveraging Can take up to 5 years?? Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Domestic Economy

Agric in a squeeze Agriculture’s terms of trade is at it’s lowest levels in more than a decade Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Agriculture

Gross Income Earned Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Agriculture

Gross Income Earned Field crops Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Agriculture Source: DoA, 2010

Gross Income Earned Livestock Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Agriculture Source: DoA, 2010

Gross Income Earned Horticulture Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Agriculture Source: DoA, 2010

Food consumption forecast in SA Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: BMI, SA Food and Drink Report Agriculture

What does the SA consumer look like? Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: BFAP, Agricultural Outlook 2010 The SAARF LSM Segments: Proportion of SA adult population and average monthly household income in 2009 Source: SAARF (2010a) Consumer Trends

The SA consumer – class mobility Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: BFAP, Agricultural Outlook 2010 LSM class mobility: All adults during the period 2004 to 2008 Source: SAARF AMPS data for the period 2004 to 2009 Consumer Trends

Global Perspective Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: BFAP, Agricultural Outlook 2010 “successful food products usually rely on ‘double-positioning strategies’, where food products are designed to address at least two (or more) consumer food trends” Global trends: Health/ Wellbeing Indulgence Ethical and environmental concerns Simplicity Convenience Trend- “Pattern of gradual change in a condition, output or process, or average or general tendency of a series of data points to move in a certain direction over time, represented by a line or a curve on a graph.” Consumer Trends

Future trends BRAND FABRIC Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: Consumer Watch 2010 and 2011 Global Trends

Future trends BRAND FABRIC INNOVATION INSANITY - Invent, improve, copy…or perish. Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: Consumer Watch 2010 and 2011 Global Trends

Future trends INNOVATION INSANITY - Invent, improve, copy…or perish. Wine vendor donates clean water Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: Consumer Watch 2010 and 2011 Global Trends

Future trends INNOVATION INSANITY - Invent, improve, copy…or perish. In Japan Kit Kat releases 9 regional favourites Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: Consumer Watch 2010 and 2011 Global Trends

Future trends INNOVATION INSANITY - Invent, improve, copy…or perish. Organic soups delivered weekly by bicycles Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: Consumer Watch 2010 and 2011 Global Trends

Future trends INNOVATION INSANITY - Invent, improve, copy…or perish. British retailer issues bonds with returns paid in chocolate Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: Consumer Watch 2010 and 2011 Global Trends

Future trends BRAND FABRIC INNOVATION INSANITY - Invent, improve, copy…or perish. URBANY Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: Consumer Watch 2010 and 2011 Global Trends

Future trends URBANY Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: Consumer Watch 2010 and 2011 Global Trends

Future trends BRAND FABRIC INNOVATION INSANITY - Invent, improve, copy…or perish. URBANY ECO EASY Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: Consumer Watch 2010 and 2011 Global Trends

Future trends ECO EASY Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: Consumer Watch 2010 and 2011 Global Trends

Future trends BRAND FABRIC INNOVATION INSANITY - Invent, improve, copy…or perish. URBANY ECO EASY TRACKING AND ALERTING Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Source: Consumer Watch 2010 and 2011 Global Trends

What would the crystal ball hold for Agriculture over the medium term? More partnerships/ JV’s and linkages throughout the value chain Food prices will probably increase Consolidation to continue Global demand and supply transitions Shift in traditional marketing strategies Energy opportunity Water challenge Press Ctrl+d to duplicate this slide The information contained in this document is confidential, for internal use only and may not be distributed outside the Standard Bank Group. Global Trends

Medium term Forecasts – Standard Bank Group Economics Source: Standard Bank Group Economics South Africa, Macroeconomic perspectives, 6 September 2010

Thank you for your time. Lumé Kleynhans