Ricegrowers Ltd. Class B · ASX:SGLLV
Ricegrowers Ltd. Class B — SunRice — Investor Presentation (June 2010)
13 slides from Ricegrowers Ltd. Class B's investor presentation, June 2010
Slide 1: SunRice Update
SunRice Update June 2010
Slide 2: CY10: Australian Rice Production Levels Triple
CY10: Australian Rice Production Levels Triple Paddy Delivered Delivered, ‘000 000 tons 1,744 1 381 1,381 1,241 1,088 1,040 529 390 305 166 204 66 19 99 00 01 02 03 04 05 06 07 08 09 10 Crop Years 2
Slide 3: Outlook for 2010/11
Outlook for 2010/11 • Carry Carry-over over water should deliver a larger Riverina crop crop. • Challenging international conditions continue: – Average Californian crop crop. – Availability and falling prices of alternative Long Grain sources. sources – Volatile Australian exchange rate. • These fa
Slide 4: Global Rice Markets: Medium and Long Grain prices
4 $1,000 $1,200 $1,400 $200 $400 $600 $800 Sep 04 S Nov 04 N Jan 05 J Mar 05 M May 05 M Jul 05 Source: Creed Reports Sep 05 S Nov 05 N Jan 06 J Mar 06 M May 06 M Jul 06 Sep 06 S Nov 06 N Jan 07 J FOB Sacramento Mar 07 M Medium Grain US No.1 May 07 M Global Rice Markets: Jul 07 Sep 07 S Nov 07 N Jan
Slide 5: Marketing Highlights
Marketing g Highlights g g • P Product d t off the th Year Y Awards: A d – Vintage Cheddar & Black Pepper Rice Cakes Cakes. – Microwave Curry Range. • New products and updates to be shared at the AGM –27 A Augustt 2010. 2010 5
Slide 6: Ready To Go Meals - $26m Growing Category
Ready To Go Meals - $26m Growing Category National Dollars (000s) Share of Total Ready To Go Meals 40.0 36% 35.0 SunRice Sales - category 30.0 leader. SunRice Meals - grew from 0% 25.0 to 36% share in 18 months. 20.0 16% 15.0 6 10.0 Apr 2009 May 2010
Slide 7: Microwave Rice $40m Growing Category
Microwave Rice $40m Growing g Category g y National Dollars (000s) Share of Total Microwave 65.0 60% 60.0 55.0 53% SunRice Sales – continued growth. 50.0 SunRice Microwave Rice – grew 45.0 from 53% to 60% share in 12 months. 40.0 35.0 31% 30.0 28% 25.0 20.0 7 Apr 2009 May 2010
Slide 8: Rice/Corn Cakes – $43m Growing Category
Rice/Corn Cakes – $43m Growing Category National Dollars (000s) Share of Total Rice/Corn Cakes 65.0 58% 60.0 55.0 SunRice Sales – making inroads into 53% Sweet & Savoury segments. 50.0 SunRice Rice/Corn Cakes – grew share h f from 53% % to 58% % in 12 months. 45.0 42% 40.0 38% 35.0 8 Apr 2009 Ma
Slide 9: Current Hinode Range
Current Hinode Range Rice Cakes Microwave Rice Core Rice
Slide 10: CY10: World Record Breaking Yields
CY10: World Record Breaking g Yields MIA & Riverina Yields and Production Variety MIA Yield Riverina Yield t/ha t/ha YRM 69 13.5 11.5 Reiziq q 121 11.5 Amaroo 12.0 11.5 Quest 11.4 10.9 Opus 10.6 10.4 Langi 10.5 10.1 D Doongara 13 5 13.5 10 1 10.1 Kyeema 10.5 10.0 Jarrah 10.7 9.7 Illabong 8.4 9.2 All
Slide 11: CY10: World Record Breaking Yields
CY10: World Record Breaking g Yields Coleambally & Riverina Yields and Production Variety CIA Yield Riverina Yield t/ha t/ha YRM 69 11.3 11.5 Reiziq q 10.7 11.5 Amaroo 11.3 11.5 Quest 10.8 10.9 Opus n/a 10.4 Langi 9.4 10.1 D Doongara 85 8.5 10 1 10.1 Kyeema 8.8 10.0 Jarrah 10.8 9.7 Illabong 12.4 9.2
Slide 12: CY10: World Record Breaking Yields
CY10: World Record Breaking g Yields Murray Valley & Riverina Yields and Production Variety MV Yield Riverina Yield t/ha t/ha YRM 69 10.5 11.5 Reiziq q 11.0 11.5 Amaroo 9.5 11.5 Quest 10.4 10.9 Opus 10.4 10.4 Langi 8.7 10.1 D Doongara n/a / 10 1 10.1 Kyeema n/a 10.0 Jarrah 8.5 9.7 Illabong 9.4 9.2 A
Slide 13: 2010 Crop Early Payment Facility
2010 Crop Early Payment Facility • Details advised to all growers in recent Circular. • Amounts available: – $124/t (medium grain) available early in Premium Pool. – $80/t (medium grain) available early in No 2 Pool. • Four payment dates available - July, Aug, Sept, Oct. • Applications must be recei