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Adding Value to Rice Burdekin Value-Adding Seminar SunRice General Manager Global Consumer Markets, David Keldie 15th May 2015

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Adding Value to RiceBurdekin Value-Adding Seminar

SunRice General ManagerGlobal Consumer Markets, David Keldie

15th May 2015

§ Began in 1950 as a grower cooperative

§ Now a $1billion global food business:

− One of the world’s largest rice food companies

− One of Australia’s largest branded processed food exporters

− Innovation is the key to our success

2

SunRice Overview

Our Global Presence

§ Markets in approximately 60 countries

§ Feed more than 20 million people every day

3

Paddy to Plate

4

5

Delivering Innovation that meets Consumer Needs

Health & Wellbeing

Gourmet

Everyday

Retail$3.80 / kg

Retail$6.00 / kg

Retail $10.00 / kg

6

Innovation and the Value Chain

7

Leveraging the Marketable Components of a Region

8

Value Added Products a Key Growth Driver

LOOKING AHEAD

9

10

North Queensland Provenance Positioning

SunRice harvests and packs rice grown in the lush, rich, abundant landscape of tropical North Queensland …..Nature’s Utopia.

A perfect combination of a delightful aroma, soft mouth feel and intensely delicious flavour, SunRice North Queensland rice is simply a taste of paradise.

11

Building Premium North Queensland Rice in Food Service

12

Building Premium North Queensland Rice in Food Service

13

Building Premium North Queensland Rice in Retail

14

Building ‘Super’ Premium North Queensland Rice in Retail

Australian Rice Crop Size – recovered remarkably well post drought(2006-2015, ‘000 tonnes)

1,038

167

19 66

205

800

963

1,161

2013

Crop Size(‘000 tonnes)

829

2012201120102009200820072006 2014Drought period

2015

700

Demand

NorthQueensland

Imports

15

North Queensland Tapping into the Demand Opportunity

Adding Value to RiceBurdekin Value-Adding Seminar

SunRice General ManagerGlobal Consumer Markets, David Keldie

15th May 2015