Sunflower & Soybean Forum

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Transcription:

Sunflower & Soybean Forum 28 November 2016 Nico Hawkins General Manager

Sunflower

Sunflower: Supply & Demand National vs. International Marketing season SAGIS NAMC (S&D) International (USDA) Mar - Feb Projection: Final 2015/16 (c) 2016/17 (c) '000t '000t Sept - Aug Projection: Final: 2015/16 (d) 2016/17 (d) Mt Mt Opening stocks 92.9 45.9 2.8 2.2 Production 663.7 755.0 44.8 47.2 Imports 36.1 35.0 1.6 1.3 Processed 754.7 (b) 760.5 (b) 40.8 43.6 Exports 0.2 0.2 1.8 1.6 Closing stocks 45.9 (a) 79.2 (a) 2.2 2.0 (a) All stocks, regardless ownership thereof, in commercial structures (b) Including producer withdrawals, seed and end users (c) Source: SAGIS 25 Nov '16 & NAMC: S&DEC - 28 Oct '16 (d) Source: USDA - 23 Nov '16

Sunflower: Production & Producer deliveries Crop Estimate vs. Producer deliveries Sunflower 2016/17 2015/16 2014/15 CEC Production 755 000 * 663 000 832 000 SAGIS Deliveries 749 213 663 669 833 165 Difference 5 787-669 -1 165 * Final Forecast ** SAGIS Progr. Mar '16 - Oct '16 Ton

Sunflower: CEC Estimate, Yield, Ha & SAGIS deliveries (2016/17: Progr. 1 Mar 31 Oct 16) Ton SUNFLOWERSEED : CEC Crop Est., Yield, Ha & SAGIS Deliveries Yield 1 000 000 900 000 SAGIS (Prod Del) CEC (Crop Est) CEC (Ha) CEC (Yield) Source: S&DEC 1.80 1.60 800 000 1.40 700 000 1.20 600 000 500 000 400 000 1.00 0.80 300 000 0.60 200 000 0.40 100 000 0.20 0 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 Progr. 16/17 Proj. 0.00

Sunflower: Imports & Exports Summarised info Marketing year Sunflower Import Export Ton 2014/15 63 180 48 2015/16 36 064 256 *2016/17 18 475 167 *Progr. Mar '16 - Oct '16 Source: SAGIS

Sunflower: Imports & Exports per marketing year (2016/17: Progr. 1 Mar 31 Oct 16) Ton 100000 90000 SUNFLOWERSEED: Imports & Exports Imports Exports Source: S&DEC 80000 70000 60000 50000 40000 30000 20000 10000 0 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 Progr. 16/17 Proj.

Sunflower: Imports for RSA (2016/17: Progr. 1 Mar 31 Oct 16) Month Botswana Bulgaria Malawi Month Total Progr. Total Ton 2016/03/01 0 0 48 48 48 2016/04/01 0 16 476 48 16 524 16 572 2016/05/01 0 0 155 155 16 727 2016/06/01 0 0 48 48 16 775 2016/07/01 398 0 98 496 17 271 2016/08/01 627 0 59 686 17 957 2016/09/01 239 0 222 461 18 418 2016/10/01 49 0 8 57 18 475 TOTAL 2016/17 1 313 16 476 686 18 475 Progr. Mar - Oct '16 Source: SAGIS

Sunflower: RSA Exports (2016/17: Progr. 1 Mar 31 Oct 16) Month Botswana Namibia Swaziland Zimbabwe Month Total Progr. Total Ton 2016/03/01 0 0 0 0 0 0 2016/04/01 0 0 0 10 10 10 2016/05/01 10 20 25 0 55 65 2016/06/01 0 0 0 0 0 65 2016/07/01 0 0 0 0 0 65 2016/08/01 0 0 23 0 23 88 2016/09/01 20 28 31 0 79 167 2016/10/01 0 0 0 167 TOTAL 2016/17 30 48 79 10 167 Progr. Mar - Oct '16 Source: SAGIS

Sunflower: Processed Sunflower Processed 2016/17 * 2015/16 ** Firms Tons Firms Tons Human Consumption 2 678 1 359 Animal Feed 45 7 240 44 5 348 Oil and Oilcake 11 456 428 13 546 307 464 346 552 014 * 2016/17: Mar '16 - Oct '16 Source: SAGIS ** 2015/16: Mar '15 - Oct '15

Sunflower: Consumption (2016/17 : Progr. 1 Mar 31 Oct 16) Ton 900000 800000 SUNFLOWERSEED : Crushed Source: S&DEC 700000 600000 500000 400000 300000 200000 100000 0 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 Progr. 16/17 Proj.

Sunflower: Opening & Ending Stocks 2016/17 : Progr. 1 Mar 31 Oct 16) Ton 400000 350000 SUNFLOWERSEED: Stocks Opening stock Ending Stock Source: S&DEC 300000 250000 200000 150000 100000 50000 0 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 Progr. 16/17 Proj.

Sunflower: 2016/17 Marketing Year (Progr. 1 Mar 31 Oct 16) SUNFLOWER: 2016/17 Season - Mar '16 to Oct'16-900 000 800 000 755 000 S&DEC Deliveries 755 000 749 213 35 000 S&DEC Imports 752 900 S&DEC Processed 200 S&DEC Exports 700 000 600 000 500 000 464 346 400 000 300 000 200 000 100 000 0 18 475 CEC (Crop Est) Prod deliveries Imports Processed Exports 167

Sunflower: Price Movements SAFEX Local prices Sunflower - SAFEX Latest prices vs previous prices Future prices for: 2016/11/15 2016/10/14 2015/11/16 % Month % Year Price Price Price on Month on Year R/Ton R/Ton R/Ton December 2016 6080.00-5.00 6400.00-8.09 6615.00 March 2017 6070.00-5.45 6420.00-7.04 6530.00 Source: SAFEX

Sunflower: Price movements Indicative Import Parity Prices French Sunflower Bordaux $/t value $/t 409.00 Freight rate 18.00 Insurance (0.3% of ) 1.23 Cost, Insurance and Freight (cif) $/t 428.23 Converted to R/t: Exhange R/$ (2016/11/15) 14.1777 Cost, Insurance and Freight (CIF) R/t 6 071.32 Financing cost 52.40 Cost, Insurance, Freight and Financing R/t 6 123.72 Discharge cost - Durban 268.74 Import tariff 0.00 Free on Rail (FOR) - Durban 6 392.46 Railage: Durban - Randfontein 246.10 DELIVERED: Durban - Randfontein 6 638.56 Delivered: Durban - Randfontein (2015/11/17) 7 473.11 R/t

Sunflower: SARS Prices Imports & Exports 2306.30 Sunflower Oil Cake 2016/17: Progr. 1 Mar - Sep 16 SUNFLOWER OIL CAKE 2306.30 2016/17 Mar - Sep 2015/16 2014/15 Imports Total value of imports Quantity (Ton) R'000 63 088 64 979 55 402 186 125.75 213 823.62 174 619.59 Value per ton R/Ton 2 950.24 3 290.66 3 151.84 SUNFLOWER OIL CAKE 2306.30 2016/17 Mar - Sep 2015/16 2014/15 Exports Total value of exports Quantity (Ton) R'000 13 678 17 954 16 441 71 223.39 83 483.34 75 236.40 Value per ton R/Ton 5 207.12 4 649.75 4 576.17 Source: SARS

Sunflower: SARS Prices Imports & Exports 1512.11 Sunflower Crude Oil 2016/17: Progr. 1 Mar Sep 16 SUNFLOWER SEED CRUDE OIL 1512.11 2016/17 Mar - Sep 2015/16 2014/15 Imports Total value of imports Quantity (Ton) R'000 60 070 102 334 124 816 746 351.76 1 189 448.18 1 229 675.61 Value per ton R/Ton 12 424.76 11 623.23 9 851.87 SUNFLOWER SEED CRUDE OIL 1512.11 2016/17 Mar - Sep 2015/16 2014/15 Exports Total value of exports Quantity (Ton) R'000 2 333 3 284 2 952 34 905.01 43 669.10 37 681.36 Value per ton R/Ton 14 963.08 13 298.53 12 765.06 Source: SARS

Sunflower: SARS Prices Imports per country Sunflower seeds whether or nor broken (Progr. 1 Mar 30 Sep 16) Imports Tariff Line 1206.00 Sunflower seeds - whether or not broken Country Ton value R'000 Rand/ton Argentina 105.900 10 108.06 95 449.10 Bolivia 0.003 0.01 3 333.33 Botswana 1 164.000 3 825.81 3 286.78 Bulgaria 17 014.725 111 819.65 6 571.93 China 6.084 219.02 35 999.34 Egypt 2.712 62.24 22 949.85 Germany 0.010 0.12 12 000.00 Israel 0.013 56.23 4 325 384.62 Malawi 738.072 2 472.41 3 349.82 Tanzania 7.440 16.20 2 177.42 Turkey 2.476 131.81 53 235.06 United Arab Emirates 0.091 662.63 7 281 648.35 United States 0.353 12.99 36 798.87 Zambia 60.000 409.89 6 831.50 TOTAL 19 101.879 129 797.07 6 794.99 Progressive: Mar - Sep '16 Souce: SARS

Sunflower: SARS Prices Exports per country Sunflower seeds whether or not broken (Progr. 1 Mar 30 Sep 16) Country Ton value R'000 Rand/ton Angola 2.436 64.800 26 600.99 Argentina 0.206 51.720 251 067.96 Austria 0.004 2.880 720 000.00 Botswana 114.670 549.170 4 789.13 Chile 0.004 0.360 90 000.00 Congo 0.122 3.120 25 573.77 Ghana 0.371 14.910 40 188.68 Kenya 148.580 11 140.690 74 981.09 Lesotho 61.975 568.270 9 169.34 Madagascar 0.066 2.590 39 242.42 Malawi 0.239 4.050 16 945.61 Mauritius 11.505 149.480 12 992.61 Mozambique 2.688 36.430 13 552.83 Namibia 100.504 1 734.840 17 261.40 Nigeria 0.674 11.140 16 528.19 Sudan 2.082 132.650 63 712.78 Syriam Aram Rep 68.920 436.620 6 335.17 Tanzania 0.775 18.570 23 961.29 Uganda 0.252 0.850 3 373.02 Zambia 2.032 57.110 28 105.31 Zimbabwe 11.245 134.310 11 943.98 TOTAL 529.350 15 114.560 28 553.06 Progressive: Mar - Sep '16 Source: SARS

Soybeans

Soybeans: Supply & Demand (National vs. International Marketing season SAGIS NAMC (S&D) International (USDA) Mar - Feb Final Projection: 2015/16 (c) 2016/17 (c) '000t '000t Sept - Aug Final: Projection: 2015/16 (d) 2016/17 (d) Mt Mt Opening stocks 63.7 89.1 78.6 77.1 Production 1042.1 709.6 313.2 336.1 Imports 125.0 300.0 133.0 136.2 Processed 1 146.7 (b) 1021.5 (b) 315.5 328.7 Exports 4.7 6.5 132.1 139.2 Closing stocks 89.1 (a) 75.2 (a) 77.1 81.5 (a) All stocks, regardless ownership thereof, in commercial structures (b) Including producer withdrawals, seed and end users (c) Source: SAGIS 25 Nov '16 & NAMC: S&DEC - 28 Oct '16 (d) Source: USDA - 23 Nov '16

Soybeans: Production & Producer deliveries Crop Estimate vs. Producer Deliveries Soybean 2016/17 2015/16 2014/15 Ton CEC Production 741 550 * 1 070 000 948 000 Less Retentions 32 000 30 000 26 000 Total available 709 550 1 040 000 922 000 SAGIS Deliveries 696 362 ** 1 042 129 919 723 Difference 45 188 27 871 28 277 * Final Forecast ** SAGIS Progr. Mar '16 - Oct '16

Soybeans: CEC Estimate, Yield, Ha & SAGIS deliveries (2016/17: Progr. 1 Mar 31 Oct 16) Ton SOYBEANS: CEC Crop Est., Ha, Yield & SAGIS Deliveries Yield 1 200 000 1 100 000 SAGIS (Prod Del) CEC (Crop Est) CEC (Ha) CEC (Yield) Source: S&DEC 2.50 1 000 000 900 000 2.00 800 000 700 000 1.50 600 000 500 000 1.00 400 000 300 000 200 000 0.50 100 000 0 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 Progr. 16/17 Proj. 0.00

Soybeans: Imports & Exports Summarised info Marketing year Import Export 2014/15 102 977 576 2015/16 124 981 4 677 *2016/17 268 695 6 255 *Progr. Mar '16 - Oct '16 Source: SAGIS Soybean Ton

Soybeans Imports & Exports per marketing year (2016/17: Progr. 1 Mar 31 Oct 16) Ton 325000 300000 275000 250000 225000 200000 175000 150000 125000 100000 75000 50000 25000 0 SOYBEANS: Imports & Exports Imports Exports 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 Progr. Source: S&DEC 16/17 Proj.

Soybeans: Imports for RSA (2016/17: Progr. 1 Mar 31 Oct 16) Month Ethiopia Paraguay Zambia Month Total Progressive Total 2016/03/01 1 756 53 049 0 54 805 54 805 2016/04/01 944 69 348 0 70 292 125 097 2016/05/01 0 70 852 0 70 852 195 949 2016/06/01 0 29 545 0 29 545 225 494 2016/07/01 0 4 356 0 4 356 229 850 2016/08/01 0 36 426 0 36 426 266 276 2016/09/01 241 0 1 039 1 280 267 556 2016/10/01 0 0 1 139 1 139 268 695 TOTAL 2016/17 2 941 263 576 2 178 268 695 Progr. Mar - Oct '16 Source: SAGIS Ton

Soybeans: RSA Exports (2016/17: Progr. 1 Mar 31 Oct 16) Month Mozambique Zimbabwe Month Total Ton Progressive Total 2016/03/01 136 0 136 136 2016/04/01 1 077 0 1 077 1 213 2016/05/01 156 0 156 1 369 2016/06/01 130 206 336 1 705 2016/07/01 165 638 803 2 508 2016/08/01 161 1 316 1 477 3 985 2016/09/01 165 1 744 1 909 5 894 2016/10/01 134 227 361 6 255 TOTAL 2016/17 2 124 4 131 6 255 Progr. Mar - Oct '16 Source: SAGIS

Processed & Consumption Soybeans: Processed Soybeans Processed Firms Tons Firms Tons Human Consumption 10 16 022 10 16 882 Animal Feed 29 69 570 27 86 306 Oil and Oilcake 13 636 158 14 685 944 721 750 789 132 * 2016/17: Mar '16 - Oct '16 Source: SAGIS ** 2015/16: Mar '15 - Oct '15 2016/17 * 2015/16 **

Soybeans: Consumption (2016/17 : Progr. 1 Mar 31 Oct 16) Ton 1100000 1000000 SOYBEANS: Processed Human Animal feed (full fat soya) Crush (oil/oilcake) Source: S&DEC 900000 800000 700000 600000 500000 400000 300000 200000 100000 0 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 Progr. 16/17 Proj.

Soybeans: Opening & Ending Stocks (2016/17 : Progr. 1 Mar 31 Oct 16) Ton 350000 300000 SOYBEANS: Stock Opening stock Ending Stock Source: S&DEC 250000 200000 150000 100000 50000 0 06/07 07/08 08/09 09/10 10/11 11/12 12/13 13/14 14/15 15/16 16/17 Progr. 16/17 Proj.

Soybeans: Price Movements SAFEX Local prices Soybean - SAFEX Latest prices vs previous prices Future prices for: 2016/11/15 2016/10/14 2015/11/16 % Month % Year Price Price Price on Month on Year R/Ton R/Ton R/Ton December 2016 6453.00-0.72 6500.00 13.21 5700.00 March 2017 6338.00-0.58 6375.00 14.40 5540.00 Source: SAFEX

Soybeans: Price movements Indicative Import Parity Prices Argentinia Soybeans Up River $/t value $/t 378.00 Freight rate 22.00 Insurance (0.3% of ) 1.13 Cost, Insurance and Freight (cif) $/t 401.13 Converted to R/t: Exhange R/$ (2016/11/15) 14.1777 Cost, Insurance and Freight (CIF) R/t 5 687.10 Financing cost 49.08 Cost, Insurance, Freight and Financing R/t 5 736.18 Discharge cost - Durban 170.37 Import tariff 428.73 Free on Rail (FOR) - Durban 6 335.28 Railage: Durban - Randfontein 246.10 DELIVERED: Durban - Randfontein 6 581.38 Delivered: Durban - Randfontein (2015/11/17) 6 360.22 R/t

Soybeans: Price Movements CBOT International prices Soybean - CBOT Latest prices vs previous prices Contract: 2016/11/15 2016/10/14 2015/11/16 % Month % Year Price Price Price on Month on Year $/Ton $/Ton $/Ton January 2017 366.70 2.87 356.49 15.97 316.22 March 2017 369.42 2.99 358.69 16.04 318.35 Source: CBOT

Soybeans: SARS Prices Imports & Exports 2304.00 Soybean Oilcake 2016/17: Progr. 1 Mar 30 Sep 16 SOYBEAN OILCAKE 2304.00 Quantity Imports (Ton) Total value of imports R'000 Value per ton R/Ton SOYBEAN OILCAKE 2304.00 Quantity Exports (Ton) Total value of exports R'000 Value per ton R/Ton Source: SARS 2016/17 Mar - Jul 2015/16 2014/15 365 699 573 442 1 008 988 1 962 376.01 2 340 392.46 5 397 627.27 5 366.10 4 081.30 5 349.55 2016/17 Mar - Jul 2015/16 2014/15 70 887 96 277 50 677 528 931.05 651 695.23 325 066.68 7 461.64 6 768.95 6 414.46

Soybeans: SARS Prices Imports & Exports 1507.10 Soybeans Crude Oil 2016/17: Progr. 1 Mar 30 Sep 16 SOYBEANS CRUDE OIL 1507.10 Quantity Imports (Ton) Total value of imports R'000 Value per ton R/Ton SOYBEANS CRUDE OIL 1507.10 Quantity Exports (Ton) Total value of exports R'000 Value per ton R/Ton Source: SARS 2016/17 Mar - Jul 2015/16 2014/15 53 748 46 351 29 265 579 695.12 424 362.07 275 630.44 10 785.52 9 155.35 9 418.41 2016/17 Mar - Jul 2015/16 2014/15 32 279 44 937 44 551 440 793.92 567 787.03 567 016.17 13 655.68 12 635.32 12 727.41

Soybeans: SARS Prices Imports & Exports 1507.90 Soybeans Oil Other 2016/17: Progr. 1 Mar 30 Sep 16 SOYBEANS OIL OTHER 1507.90 Quantity Imports (Ton) Total value of imports R'000 Value per ton R/Ton SOYBEANS OIL OTHER 1507.90 Quantity Exports (Ton) Total value of exports R'000 Value per ton R/Ton Source: SARS 2016/17 Mar - Jul 2015/16 2014/15 47 349 135 967 137 225 552 974.56 1 318 805.05 1 387 881.51 11 678.81 9 699.42 10 113.89 2016/17 Mar - Jul 2015/16 2014/15 11 943 40 666 53 046 157 955.44 518 589.36 649 588.03 13 226.18 12 752.47 12 245.73

Soybeans: SARS Prices Imports & Exports 2306.10 Cottonseed Oil Cake 2016/17: Progr. 1 Mar 30 Sep 16 COTTONSEED OIL CAKE 2306.10 2016/17 Mar - Sep 2015/16 2014/15 Imports Total value of imports Quantity (Ton) R'000 32 776 63 338 97 619 121 661.83 237 460.57 307 116.52 Value per ton R/Ton 3 711.95 3 749.08 3 146.08 COTTONSEED OIL CAKE 2306.10 2016/17 Mar - Sep 2015/16 2014/15 Exports Total value of exports Quantity (Ton) R'000 37 184 201 90.23 5 463.15 1 293.82 Value per ton R/Ton 2 437.99 29 719.14 6 442.01 Source: SARS

Soybeans: SARS Prices Imports & Exports 1511.90 Palm Oil Other 2016/17: Progr. 1 Mar 30 Sep 16 PALM OIL OTHER 1511.90 2016/17 Mar - Sep 2015/16 2014/15 Imports Total value of imports Quantity (Ton) R'000 261 491 438 666 440 330 2 420 239.91 3 383 229.35 3 662 037.42 Value per ton R/Ton 9 255.53 7 712.54 8 316.57 PALM OIL OTHER 1511.90 2016/17 Mar - Sep 2015/16 2014/15 Exports Total value of exports Quantity (Ton) R'000 10 738 10 478 7 939 160 333.17 143 163.91 113 080.37 Value per ton R/Ton 14 930.73 13 663.42 14 243.71 Source: SARS

Soybeans: SARS Prices Imports & Exports 1513.29 Palm Kernel Oil Other 2016/17: Progr. 1 Mar 30 Sep 16 PALM KERNEL OIL - OTHER 1513.29 2016/17 Mar - Sep 2015/16 2014/15 Imports Total value of imports Quantity (Ton) R'000 21 027 33 531 34 894 390 246.89 385 300.28 412 660.29 Value per ton R/Ton 18 559.23 11 490.89 11 826.02 PALM KERNEL OIL 1513.29 2016/17 Mar - Sep 2015/16 2014/15 Exports Total value of exports Quantity (Ton) R'000 63 281 136 1 375.06 4 863.64 2 994.29 Value per ton R/Ton 21 944.43 17 295.77 21 957.91 Source: SARS

Soybeans: SARS Prices Imports per country 1201.90 Soybeans whether or not broken 2016/17: Progr. 1 Mar 30 Sep 16 Imports Tariff Line 1201.90 Soybeans - whether or not broken - Other Country Ton value R'000 Rand/ton Austria 46.000 645.97 14 042.83 China 16.295 154.18 9 461.80 Ethiopia 240.480 1 627.85 6 769.17 Myanmar 0.251 5.72 22 788.84 Paraguay 264 854.022 1 474 083.97 5 565.65 Suriname 18.000 237.54 13 196.67 Taiwan, Prov of China 0.052 0.19 3 653.85 Thailand 0.267 7.07 26 479.40 United Kingdom 74.817 1 229.83 16 437.84 Zambia 1 214.554 9 114.35 7 504.28 Total 266 464.738 1 487 106.67 5 580.88 Progressive: Mar - Sep '16 Source: SARS

Soybeans: SARS Prices Exports per country 1201.90 Soybeans whether or not broken 2016/17: Progr. 1 Mar 30 Sep 16 Country Ton value R'000 Rand/ton Botswana 58.686 674.05 11 485.70 Lesotho 48.099 735.72 15 295.95 Malawi 65.675 471.74 7 182.95 Mauritius 11.510 249.17 21 648.13 Mozambique 1 385.695 9 222.28 6 655.35 Swaziland 2.897 20.61 7 114.26 Zambia 0.010 0.15 15 000.00 Zimbabwe 3 920.780 31 108.45 7 934.25 Total 5 493.352 42 482.17 7 733.38 Progressive: Mar - Sep '16 Source: SARS

All oil cake: Price Movements ALL OIL CAKE Quantity Imports (Ton) Total value of imports R'000 Value per ton R/Ton Source: SARS 2016/17 Mar - Sep 2015/16 2014/15 472 822 714 474 1 205 637.86 2 297 706.35 2 838 595.38 5 978 672.55 4 859.56 3 972.99 4 958.93 All oil cake: Cotton seed Groundnut oil Linseed Rape or colza seeds (All) Soybean Sunflower

All oil: Price Movements Imports Total value of exports Value per ton Source: SARS All oil: Soybean oil (All) Groundnut oil (All) Palm oil (All) Sunflower oil (All) Palm kernel oil (All) Vegetable oil (All) ALL OIL Quantity (Ton) R'000 R/Ton 2016/17 Mar - Sep 2015/16 2014/15 456 350 761 482 767 473 4 849 306.81 6 760 613.30 6 978 356.51 10 626.30 8 878.23 9 092.64

Other

Price Movements Products: Year on year price changes October 2016 2015 2014 % Year % Year Price Price Price on Year on Year R R R Brick Margarine 500g 22.76 11.90 20.34 13.50 17.92 Peanut Butter 400g 26.99 17.35 23.00 1.01 22.77 Sunflower Oil 750ml 22.59 17.17 19.28 11.12 17.35 Source: SA Statistics

Price Movements Products: prices Rand 30.00 27.50 25.00 22.50 Sunflower oil 750ml Margarine Brick 500g Peanut butter 400g PRICES: OILSEEDS PRODUCTS 20.00 17.50 15.00 12.50 10.00 7.50 5.00 2.50 Oct-08 Feb-09 Jun-09 Oct-09 Feb-10 Jun-10 Oct-10 Feb-11 Jun-11 Oct-11 Feb-12 Jun-12 Oct-12 Feb-13 Jun-13 Oct-13 Feb-14 Jun-14 Oct-14 Feb-15 Jun-15 Oct-15 Feb-16 Jun-16 Oct-16

Price Movements Products: Index % 300 OILSEEDS PRODUCTS INDEX % 250 252.48 244.99 200 150 177.87 100 50 0 Sunflower Oil 750 ml Peanut Butter 400 gr Margarine Brick 500 gr Jan-08 Apr-08 Jul-08 Oct-08 Jan-09 Apr-09 Jul-09 Oct-09 Jan-10 Apr-10 Jul-10 Oct-10 Jan-11 Apr-11 Jul-11 Oct-11 Jan-12 Apr-12 Jul-12 Oct-12 Jan-13 Apr-13 Jul-13 Oct-13 Jan-14 Apr-14 Jul-14 Oct-14 Jan-15 Apr-15 Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16

Sunflower & Soybean: Co-workers Sunflower: Firms registered with SAGIS Soybeans: Firms registered with SAGIS Traders 32 29.6% Storers 14 13.0% Traders 31 29.0% Harbour silo owners 7 6.5% Storers 10 9.3% Processors 59 55.1% Total firms: 107 Harbour silo owners 12 11.1% Processors 50 46.3% Total firms: 108

Acknowledgement Board of Directors Dr John Purchase Chairperson Mr Anton Nebe Vice-Chairperson The Oil and Protein Seeds Dev. Trust & Oilseeds Industry is represented by: Mr Gerhard Scholtemeijer Mr De Wet Boshoff Ms Marie vd Merwe (Alternate)

Acknowledgement Gratitude The following parties makes it possible to fulfil SAGIS commitments: Oilseeds Forum Advisory Committee Oil and Protein Seeds Development Trust Relevant Associations Board of Directors Co-workers Staff

Note: This presentation is available on SAGIS website under Presentations Thank you