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Frontier Agriculture Ltd Jon Duffy Frontier Agriculture Ltd Malvern Farming Conference 15th November 2012

Activities Grain Marketing Grain Logistics Grain Storage Grain Exports Seed Processing Crop Nutrition

Activities Crop Agronomy Agronomy Trials Precision Farming Contract Services

POWER IN AGRICULTURE HAS POWER AGRICULTURE and a very bright future! Resources Economics Politics AGRICULTURE HAS POWER and a very bright future!

London Wheat Futures Real power sits with the consumer/retailer/ Paradigm shift of power. Consumer is squeezed, retailing is putting margin pressure on processors – power sits with farmers & traders David Heath: “we need a production supply industry that concentrates on productivity and can thrive without unnecessary barriers from Government” Real power sits with the consumer/retailer/ processor Tony Blair: “UK needs to concentrate on organic niche farming”

Northern Hemisphere Grain Belt Mid-Latitude Demand Concentration Projected World Population Growth 2011 to 2050 (From 7 to 9.5 billion?) Northern Hemisphere Grain Belt Growth in corn imports = 40.9 MMT Growth in wheat imports = 40.4 MMT Asia +1.8 Billion Africa +1 Billion Latin America +300 million Mid-Latitude Demand Concentration Southern Hemisphere Grain Belt 7 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... Identify strengths Embrace technology Re-invest Employ the best people Recognise comparative advantages

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