Ricegrowers Ltd. Class B · ASX:SGLLV
Ricegrowers Ltd. Class B — SunRice — Investor Presentation (June 2016)
8 slides from Ricegrowers Ltd. Class B's investor presentation, Jun 9, 2016
Slide 1: 2016 SunRice Update
2016 SunRice Update Tom Howard, General Manager AGS, Grower Services and Agronomic Development 6 – 9 June 2016
Slide 2: Agenda
Agenda • 2016 harvest results • Seasonal outlook • Positioning rice as summer crop of choice: - Early price signals - New cold tolerant, water efficient varieties 2
Slide 3: 2016 Riverina Rice Harvest: Stronger Yields = Higher Grower Returns
2016 Riverina Rice Harvest: Stronger Yields = Higher Grower Returns • Crop size significantly down REGIONAL YIELD due to low water allocations COMPARISONS - REIZIQ 5 Year Average Yield 2016 harvest yields - 2016 crop forecast approx. 12.4 245,000 tonnes v 690,215 11.4 10.9 10.3 10.2 tonnes for 2015
Slide 4: 2016 Riverina Rice Harvest: receivals by variety
2016 Riverina Rice Harvest: receivals by variety % receivals of total crop by variety 60.00 50.00 40.00 30.00 20.00 10.00 0.00 % of total
Slide 5: C16 Seasonal Outlook Climate Model Summary May to October 16
C16 Seasonal Outlook Climate Model Summary May to October 2016 • Likelihood of above average rainfall if La Nina predictions prevail • Expecting crop size to return to average The Australian climate is influenced by temperature patterns in the Pacific and Indian Oceans. This graph provides informati
Slide 6: Positioning rice as summer crop of choice
Positioning rice as summer crop of choice • Following grower feedback we have launched our first fixed price / fixed volume contract to provide early price signals • Objective is to help you more confidently make planting and water allocation decisions • Received strong interest from growers • Contr
Slide 7: New shorter season, cold tolerant, more water efficient rice varieties
New shorter season, cold tolerant, more water efficient rice varieties • Three new varieties in advance stages of commercialisation: - New medium grain - YRM 70 showing promise to replace Reiziq in Middle East. Trials producing 12 paddy t/ha + - New short grain – YRK 5 - New long grain, Doongara typ
Slide 8: Questions
Questions