FGM - Farmsecure
FGM - Farmsecure
FGM - Farmsecure
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<strong>Farmsecure</strong> Newsletter Edition 24, 28 January 2011<br />
INDEX<br />
<strong>Farmsecure</strong> Global Markets<br />
Who’s Who at <strong>FGM</strong><br />
Agriculture in the Media<br />
Next <strong>Farmsecure</strong> Staff Update 04 February<br />
Next <strong>Farmsecure</strong> Newsletter 11 February<br />
“We want to bring more cents of every rand back to the<br />
farmer.”<br />
Erick de Klerk,<br />
Executive Director, <strong>FGM</strong><br />
Information published in this editorial is private and intended for internal use. Please note that distribution of this material<br />
without prior permission from the Media & Communications Manager is strictly prohibited.
Written by Chantal Yazbek<br />
Introduction<br />
Anthropological studies often claim that primary<br />
agriculture was man’s first profession, one of the key<br />
tools that led to the formation of communities. In current<br />
times economists, banks and other professional analysts<br />
alongside environmentalists, debate whether a return to<br />
a ‘purer’ and ‘simpler’ form of community based primary<br />
agriculture is able to once again sustain the human race.<br />
Jerome Yazbek, <strong>Farmsecure</strong> Group CEO, (in his<br />
presentations of the <strong>Farmsecure</strong> induction course),<br />
often describes that a major crippling factor in the<br />
development of South African agriculture has been<br />
(inherited from our isolated past) our inward focused<br />
approach and our hesitance to engage proactively in<br />
the export of agricultural products to other markets in<br />
the world. One could say that in this lies the somewhat<br />
repetitive answer to the questions that economists<br />
to environmentalists continually return to address<br />
throughout our modern era.<br />
From the expansion of communities out of Babylonia,<br />
to the development of language and the rise and fall of<br />
great empires that have and are to come, one factor can<br />
arguably be said to have stood at the middle of human<br />
sustainment and development: Man’s ability to trade<br />
and barter.<br />
In the past two weeks throughout many meetings of<br />
minds amongst management from different companies<br />
within the Group, a holistic view of the agricultural value<br />
Chief Editor Chantal Yazbek, Elvera Strydom Sub-editor & Writer, Layout & Design Dieter Strumpher,<br />
Editor Chantal Yazbek, Layout & Design Dieter Strumpher, Published by <strong>Farmsecure</strong> Holdings (PTY) LTD)<br />
Published by <strong>Farmsecure</strong> Holdings (PTY) LTD.
chain has been approached. Part of this holistic view to<br />
the value chain has been to recognise the ability and<br />
potential of ‘trade’ to contribute substantially to farming<br />
sustainably and profitability.<br />
Since his introduction to <strong>Farmsecure</strong> in 2004, Erick de<br />
Klerk, a founding member of the Group has had a vision<br />
to add value to the agricultural chain by bringing more<br />
cents of every rand or dollar back to the farmers’ farm,<br />
through strengthening and managing more effectively<br />
the marketing of the farmers’ agricultural product.<br />
Erick describes that in order to achieve this, one can<br />
only but be involved in the entire agricultural chain from<br />
‘Soil to Shelf’. Erick further describes that <strong>Farmsecure</strong>,<br />
over the past 5 years, has taken such an approach and in<br />
2011 now finds itself as a Group positioned throughout<br />
the agricultural business cycle, which has allowed him<br />
to fulfil his dream through the creation of <strong>Farmsecure</strong><br />
Global Markets.<br />
With its origins in the heart of <strong>Farmsecure</strong>, in Bethlehem,<br />
<strong>Farmsecure</strong> Global Markets began as a service offered to<br />
<strong>Farmsecure</strong> Capital and its farmers, whereby Erick and<br />
his team managed the marketing of the <strong>Farmsecure</strong><br />
farmers’ crop, ensuring that they receive a profitable<br />
price for their product at the end of each season.<br />
From humble beginnings Erick and his team believe that<br />
they can add much more value to the farmer and the<br />
industry through the expansion of their initial services<br />
and with this we are proud to present to you this new<br />
division of the Group.<br />
The Purpose of <strong>Farmsecure</strong> Global Markets:<br />
<strong>Farmsecure</strong> Global Markets is a division of the <strong>Farmsecure</strong><br />
Group and focuses primarily on the distribution of<br />
farmers’ produce as well as the logistical management of<br />
all grain and other agricultural produce.<br />
Editor Chantal Yazbek, Layout & Design Dieter Strumpher, Published by <strong>Farmsecure</strong> Holdings (PTY) LTD)<br />
Chief Editor Chantal Yazbek, Elvera Strydom Sub-editor & Writer, Layout & Design Dieter Strumpher,<br />
Published by <strong>Farmsecure</strong> Holdings (PTY) LTD.
<strong>Farmsecure</strong> Global Markets (<strong>FGM</strong>) was established<br />
to increase the efficiency of logistical processes for<br />
<strong>Farmsecure</strong> products from soil to shelf.<br />
Key Focus Areas:<br />
• Commodity Supply Chain Solutions<br />
• Risk Management Solutions<br />
• Raw Material & Feed Solutions<br />
• International Supply Chain Solutions<br />
Vision:<br />
The vision of <strong>Farmsecure</strong> Global Markets is to increase<br />
the profitability and sustainability of the <strong>Farmsecure</strong><br />
farming community. To achieve this, a team of experts<br />
with vast knowledge and experience in the industry was<br />
established to ensure that the farmers receive the most<br />
competitive prices for their produce in retail markets.<br />
Business successes will be achieved through the:<br />
• Quality of the product<br />
• Quality of the service delivery<br />
• Quality of the administration<br />
Jaco Nel, MD of <strong>FGM</strong> believes that, “Farming should<br />
not and does not have to be a risk business; risk can be<br />
mitigated by intelligent decision making.” Jaco further<br />
explains that this requires that <strong>FGM</strong> form closer and<br />
deeper relationships with the farmer and requires our<br />
staff to elevate the practice of their jobs to new levels of<br />
professionalism. “Standards are very important, and will<br />
ensure our sustainability.”<br />
Conclusion<br />
Jerome Yazbek believes that this new development<br />
allows the Group not only to become more export<br />
orientated but provides opportunities for the Group<br />
to work together and to further fulfil the <strong>Farmsecure</strong><br />
dream of an integrated agricultural circle providing<br />
sustainability and profitability for all.<br />
Please contact the <strong>Farmsecure</strong> Global Markets offices at:<br />
Castle Walk Corporate Park<br />
Block A Office 1<br />
443 Nossob Street<br />
Erasmuskloof<br />
0181<br />
Tel: +27 (0)12 360 0531<br />
Fax: +27 (0)12 360 0500<br />
Postnet Suite 300<br />
Private Bag x10<br />
Elarduspark 0047<br />
Editor Chantal Yazbek, Layout & Design Dieter Strumpher, Published by <strong>Farmsecure</strong> Holdings (PTY) LTD)<br />
Chief Editor Chantal Yazbek, Elvera Strydom Sub-editor & Writer, Layout & Design Dieter Strumpher,<br />
Published by <strong>Farmsecure</strong> Holdings (PTY) LTD.
WHO’S WHO at <strong>FGM</strong><br />
JACO NEL<br />
As General Manager of <strong>Farmsecure</strong> Global<br />
Markets, I see this as an exciting and massive<br />
opportunity to create new business with a<br />
team that can make a difference through the<br />
implementation of new structures in this field.<br />
Before becoming part of the <strong>Farmsecure</strong> family I<br />
was the Group Acquisition Manager at the Namib<br />
Group, with representation in Namibia, Swaziland,<br />
Mozambique, Botswana and Mauritius, where<br />
I was involved in grain stock positioning and<br />
import.<br />
PIERRE DE VILLIERS<br />
Hi my name is Pierre de Villiers and I joined the<br />
<strong>Farmsecure</strong> Trading team in June 2009. I have a<br />
Financial Market background having spent the<br />
last 14 years trading Interest Rates, Currencies,<br />
Futures and Options and everything in-between.<br />
I was born in Stellenbosch but I have spent my<br />
entire life up in JHB. I love the Cape and try to get<br />
there as often as possible.<br />
Currently I am a Manager at <strong>FGM</strong> and look forward<br />
to growing together with the FS Trading division<br />
and plenty of new challenges ahead.<br />
Chief Editor Chantal Yazbek, Elvera Strydom Sub-editor & Writer, Layout & Design Dieter Strumpher,<br />
Editor Chantal Yazbek, Layout & Design Dieter Strumpher, Published by <strong>Farmsecure</strong> Holdings (PTY) LTD)<br />
Published by <strong>Farmsecure</strong> Holdings (PTY) LTD.
WHO’S WHO at <strong>FGM</strong><br />
YOLANDÈ PEACH<br />
I was appointed as the Financial Manager of the<br />
Trading department when we were still part<br />
of <strong>Farmsecure</strong> Capital. It was just me and Erick<br />
and later Pierre. I had to do everything that the<br />
men did not want to do! No wonder everyone<br />
thought I was Erick’s PA.<br />
Then we did “THE BUSINESS PLAN”, got it<br />
approved and the mad rush started. Currently<br />
I am the Risk and Compliance officer, but my<br />
time is still mostly spent on admin and finance<br />
procedures for all the business we are doing and<br />
planning. As <strong>Farmsecure</strong> Capital is our biggest<br />
(and best) client, I am their account manager and<br />
my role is to keep them happy!!!<br />
STEPHAN GROBBELAAR<br />
I am involved in hedging the contracted farmers’<br />
grains and constantly analysing and valuing<br />
their positions versus market prices to look for<br />
opportunities where they can increase their<br />
returns. As a broker in the agricultural derivative<br />
markets I also have several clients who hold<br />
positions in these markets in a speculative nature.<br />
At the end of the day I am a broker who trades<br />
agricultural derivatives and I try to make money<br />
for my clients.<br />
Chief Editor Chantal Yazbek, Elvera Strydom Sub-editor & Writer, Layout & Design Dieter Strumpher,<br />
Editor Chantal Yazbek, Layout & Design Dieter Strumpher, Published by <strong>Farmsecure</strong> Holdings (PTY) LTD)<br />
Published by <strong>Farmsecure</strong> Holdings (PTY) LTD.
WHO’S WHO at <strong>FGM</strong><br />
CLAIRE PRETORIUS<br />
Ek gaan die kontrole van die hedging en stock<br />
doen, asook die goedkeuring en aanpassings<br />
op die kliënte se fasiliteite. <strong>FGM</strong> het ‘n program<br />
laat skryf vir al die stock wat <strong>FGM</strong> gaan finansier.<br />
Ek en Daneel gaan verantwoordelik wees vir die<br />
bestuur van die program, asook die daaglikse<br />
admin state. Met lewering tyd, sal ek betrokke<br />
wees by die ‘recons’ en die prosessering van al die<br />
data. Admin sal ook deel wees van my daaglikse<br />
takies.<br />
JOHANNES ELS<br />
Ek is nou amper ‘n jaar by <strong>Farmsecure</strong>. Ek en Daneel<br />
was vir 7 maande in Bethlehem onder Yolandè se<br />
vlerke om die fyner kunsies van die bedryf te leer.<br />
Bynaam “Wors” het ek verwerf nadat daar vele<br />
male gebraai is by <strong>Farmsecure</strong> Bethlehem, die<br />
res van die mense ken my as “Broer”. In Oktober<br />
2010 het ons opgetrek V(b)lou bul land toe om te<br />
help met die opsit van <strong>Farmsecure</strong> se nuutste en<br />
opwindendste besigheid!<br />
My rol in <strong>FGM</strong> was vroeër om te help kantoor opsit<br />
… Verder is ek betrokke met die finansiering van<br />
fisiese voorraad, trading en logistiek wat nog baie<br />
gaan uitbrei in <strong>Farmsecure</strong>. Na ‘n rowwe paar<br />
maande is <strong>FGM</strong> slag gereed om beter diens aan<br />
die Groep en ons boere te lewer!<br />
Chief Editor Chantal Yazbek, Elvera Strydom Sub-editor & Writer, Layout & Design Dieter Strumpher,<br />
Editor Chantal Yazbek, Layout & Design Dieter Strumpher, Published by <strong>Farmsecure</strong> Holdings (PTY) LTD)<br />
Published by <strong>Farmsecure</strong> Holdings (PTY) LTD.
WHO’S WHO at <strong>FGM</strong><br />
JANNES VAN DER HOVEN<br />
Ek is vanaf Januarie 2010 deel van die <strong>Farmsecure</strong><br />
Groep en het onlangs by die <strong>FGM</strong> span as<br />
Finansiële Bestuurder aangesluit. Ek is baie<br />
opgewonde en vol moed vir wat vir ons voorlê in<br />
2011.<br />
Om ‘n bietjie agtergrond oor myself te gee asook<br />
‘n kort beskrywing waaruit my daaglikse take<br />
gaan bestaan is eintlik baie eenvoudig. As ‘n<br />
opgeleide boontjie-teller of ouditeur as mens<br />
die spesie so wil benoem, is ek saam met my<br />
span verantwoordelik vir alle finansiële funksies.<br />
Dit wissel van finansiële state, begrotings,<br />
kontantvloeistate, maandelikse bestuur-state<br />
ensovoorts.<br />
Apart van verslagdoening en rapportering oor<br />
die finansiële stand van die maatskappy sal ek<br />
ook darem hier en daar ‘n paar interne kontroles<br />
en prosedures inbou net om die ouditeur binne<br />
in my tevrede te hou.<br />
Vir almal wat saam met my gaan werk wil ek<br />
graag net vroegtydig die volgende sê: Ek het<br />
die vermoë om slim konsepte te verstaan en uit<br />
te dink, maar die proses is maar ongelukkig ‘n<br />
redelike tydsame storie vir my brein. Wees dus<br />
maar asseblief geduldig en byt op julle tande<br />
indien julle dieselfde vrae keer op keer van my<br />
kant af hoor. Op ‘n meer ernstige noot glo en<br />
poog ek om te streef na eerlikheid, integriteit<br />
en selfbeheersing wat ek glo baie belangrik<br />
beginsels is in die werksomgewing.<br />
Chief Editor Chantal Yazbek, Elvera Strydom Sub-editor & Writer, Layout & Design Dieter Strumpher,<br />
Editor Chantal Yazbek, Layout & Design Dieter Strumpher, Published by <strong>Farmsecure</strong> Holdings (PTY) LTD)<br />
Published by <strong>Farmsecure</strong> Holdings (PTY) LTD.
WHO’S WHO at <strong>FGM</strong><br />
HERMAN SMIT<br />
Ek is ‘n Graan-Bemarker wat graan wat in<br />
Mpumalanga geproduseer word moet aankoop,<br />
en dit dan doeltreffend bemark aan verwerkers<br />
van graan.<br />
DANEEL MYBURGH<br />
Ek is aangestel as ‘n Trader by <strong>Farmsecure</strong>. Op<br />
die stadium is ek baie betrokke by die bestuur<br />
van ons boere se posisies, bemarking van graan<br />
en die ontwikkeling van nuwe markte, alhoewel<br />
baie van my tyd by <strong>Farmsecure</strong> al bestee was aan<br />
meubels rond dra en BRAAI, hence die bynaam<br />
“tjop”. Dankie Jakes en Jannie … So tussendeur<br />
die koppe stamp en op tone trap geniet ek dit<br />
baie by <strong>Farmsecure</strong> en sien uit om te kyk wat<br />
<strong>Farmsecure</strong> Markets gaan oplewer in die jaar.<br />
Kom kuier gerus vir ons by die nuwe kantoor,<br />
ons sal dit waardeer om bietjie geselskap van die<br />
platteland te hê. Ek is wel self ‘n bloubul, maar<br />
hulle raak nou te veel vir my in die stad …<br />
Chief Editor Chantal Yazbek, Elvera Strydom Sub-editor & Writer, Layout & Design Dieter Strumpher,<br />
Editor Chantal Yazbek, Layout & Design Dieter Strumpher, Published by <strong>Farmsecure</strong> Holdings (PTY) LTD)<br />
Published by <strong>Farmsecure</strong> Holdings (PTY) LTD.
WHO’S WHO at <strong>FGM</strong><br />
JACOBIE VAN DER WESTHUYZEN<br />
Hier by <strong>FGM</strong> noem hulle my die “Accountant”.<br />
Op hierdie stadium beteken dit dat ek al die<br />
informasie van die operasionele kant af vat en<br />
poog om dit te verwerk tot beskrywings en<br />
syfers. Ek is ook verantwoordelik vir alle betalings<br />
wat deur <strong>FGM</strong> gemaak word. Dus, op ‘n daaglikse<br />
basis moet ek prosesseer, rekonsilieer, bereken<br />
en betaal. Dis maar ‘n ontwikkelende proses.<br />
RENSCHA LUTTIG<br />
My job at <strong>FGM</strong> involves two focus ares as my official<br />
titel is Assistant Accountant and Administration.<br />
On the accounting side I am responsible for the<br />
following tasks: Cash books accounting, expense<br />
reconciliations of <strong>Farmsecure</strong> Global Markets,<br />
SAP GL expense reconciliation and discretionary<br />
trading reconciliations.<br />
With regards to administration I am responsible<br />
for the following tasks: Administration of office<br />
leave register, S&T claims, and administration of<br />
SOP’s of Human Resources. Office housekeeping<br />
aspects including keeping the offices conducive to<br />
a healthy and motivational working environment<br />
and also administration on in-house personnel<br />
records to FSG.<br />
Chief Editor Chantal Yazbek, Elvera Strydom Sub-editor & Writer, Layout & Design Dieter Strumpher,<br />
Editor Chantal Yazbek, Layout & Design Dieter Strumpher, Published by <strong>Farmsecure</strong> Holdings (PTY) LTD)<br />
Published by <strong>Farmsecure</strong> Holdings (PTY) LTD.
WHO’S WHO at <strong>FGM</strong><br />
IZANNE MEIRING<br />
My work at <strong>FGM</strong> involves maintaining debtor’s<br />
accounts, journals, reconciliations, debtors<br />
collecting, age analysis reports as well as invoicing<br />
clients according to usage of facilities and all<br />
types of tasks and duties that are reasonable and<br />
lawfully incidental to the above.<br />
NOMZA ZWANE<br />
My name is Nomsa Promise Zwane. I am 23<br />
years old and I am working at <strong>Farmsecure</strong> Global<br />
Markets. I love it with all my heart and like making<br />
tea for my bosses the most. At this company, if I<br />
was educated, I will be working here for the rest<br />
of my life.<br />
Chief Editor Chantal Yazbek, Elvera Strydom Sub-editor & Writer, Layout & Design Dieter Strumpher,<br />
Editor Chantal Yazbek, Layout & Design Dieter Strumpher, Published by <strong>Farmsecure</strong> Holdings (PTY) LTD)<br />
Published by <strong>Farmsecure</strong> Holdings (PTY) LTD.
Agriculture in the Media<br />
BLUE GOLD<br />
W O R L D W AT E R W A R S<br />
The Next Global Commodity<br />
“In every corner of the globe, we are polluting, diverting, pumping, and wasting our limited supply of fresh water<br />
at an expediential level as population and technology grows. The rampant overdevelopment of agriculture,<br />
housing and industry increase the demands for fresh water well beyond the finite supply, resulting in the<br />
desertification of the earth.<br />
Corporate giants force developing countries to privatize their water supply for profit. Wall Street investors<br />
target desalination and mass bulk water export schemes. Corrupt governments use water for economic and<br />
political gain. Military control of water emerges and a new geo-political map and power structure forms, setting<br />
the stage for world water wars.<br />
We follow numerous worldwide examples of people fighting for their basic right to water, from court cases to<br />
violent revolutions to U.N. conventions to revised constitutions to local protests at grade schools. As Maude<br />
Barlow proclaims, “This is our revolution, this is our war”. A line is crossed as water becomes a commodity.<br />
Will we survive? ...”<br />
http://www.bluegold-worldwaterwars.com/<br />
The Media & Communication Department has one Blue Gold DVD and you are welcome to contact us if your<br />
department would like to arrange a viewing.<br />
Volg daaglikse Landbouweekblad nuus, op ons webtuiste.<br />
The views and opinions published from personal materials and interviews in this editorial do not<br />
necessarily represent the official views of the <strong>Farmsecure</strong> Group.
Agriculture in the Media<br />
South Africa<br />
aims to finalise<br />
maize export deal<br />
to Saudi Arabia<br />
and India<br />
Due to an overload of 4 million tons of maize delivered in 2010, the maize market saw a 21% reduction in the<br />
price of maize.<br />
An article in Business Day (25th of January 2011), reports that mr. Langa Zita, Director General of the<br />
Department of Agriculture, Forestry & Fisheries, expects around 100 000 ton of South Africa’s surplus maize to<br />
be exported to Saudi Arabia and India. Mr. Langa Zita predicts the deal to be finalised by the end of February.<br />
For more information on the deal and the possible impact it will have on the SA market and its farmers,<br />
please see the links below.<br />
http://af.reuters.com/article/investingNews/idAFJOE70N0CH20110124<br />
http://www.landbou.com/nuus/nuus-artikel/mielies-oorskot-dalk-na-saoedi-arabi<br />
http://www.businessday.co.za/articles/Content.aspx?id=132325<br />
http://www.businessday.co.za/articles/Content.aspx?id=119307<br />
http://www.businessday.co.za/articles/Content.aspx?id=117893<br />
Volg daaglikse Landbouweekblad nuus, op ons webtuiste.<br />
The views and opinions published from personal materials and interviews in this editorial do not<br />
necessarily represent the official views of the <strong>Farmsecure</strong> Group.