PRESENTACION INPROAGRI OCT 2012 - Hecho en Mexico B2B

Integradora de Procesos Agrícolas,S.A. . de C.V.CIUDAD OBREGON, SONORA MEXICO . OCT-01/12ASSISTANCE BY LIC. JOSE ALBERTO VALENZUELA P.52-644 444 0845 OFFICE52-644 444 2835 OFFICE52-1-644 420 2832 MOBILEE-MAIL: jose.valenzuela@inproagri.com

INPROAGRI IS DEDICATED TO CONTRIBUTINGTO THE DEVELOPMENT OF AGRICULTURE IN THESTATES OF SINALOA AND SONORA MEXICO.

3HAS 12 YEARS EXPERIENCE IN THE COMMERCIALIZATION OFGRAINS. IN 2009, 2010 & 2011 WE GREW 200,000 METRICTONS OF WHITE CORN (SINALOA STATE HARVEST), AND6,000 METRIC TONS OF BEANS (SINALOA STATE HARVEST),50,000 METRIC TONS OF WHEAT (DURUM) SONORA STATEHARVEST WHICH REPRESENT THE HARVESTS OF AN AREAOF 55,000 HECTARES, AND 250 PRODUCERS, DISTRIBUTEDOVER 3 AGRICULTURAL STORAGE ZONES (WAREHOUSESTHROUGHOUT THE STATE OF SINALOA), OTHER ONE INSONORA STATE FOR GENERATING A TOTAL PRODUCTIONVALUE OF 82 MILLION DOLLARS.

• OUR BUSINESSES PROVIDE 2% OF THE CORN PRODUCTIONTO THE FLOUR INDUSTRY IN MEXICO.• OUR BUSINESSES PROVIDE 65% TO THE MILLING INDUSTRY(FOOD MARKET: TORTILLA) IN MEXICO. WHITE CORN.• OUR BUSINESSES PROVIDE 20% TO THE EXPORT MKT(WHEAT DUMUM).• OUR BUSINESSES PROVIDE 13% TO THE FEED MARKETIN SINALOA, SONORA STATE.• OUR COMPANY HAS 19 EMPLOYEES IN THE ADMINISTRATIVEAND OPERATIONAL AREAS, AS WELLAS 6 AGRONOMISTS WHO OFFER SPECIALIZED SKILLS ANDTECHNICAL ASSISTANCE TO OUR PRODUCERS.4

• EACH WAREHOUSE PERFORMS AS A PRODUCTION ANDSERVICE CENTER, WHICH FLOW TOGETHER AND WHICHARE THE NECESSARY ELEMENTS THAT GIVE VALUE ANDCERTAINTY TO THE PRODUCERS. THEY OFFERCERTAINTY TO THE PRODUCERS AND PARTICIPATINGENTITIES (LOCAL BANKS, PROVIDERS, ASSURERS,MEXICAN GOVERNMENT, AND CONSUMERS.5

OUR WAREHOUSES AND SILOS ARE SERVICECENTERS,ESTABLISHED SO THAT IN JUST ONE PLACE, THEINDIVIDUAL PRODUCERS ARE ATTENDED TO IN ATIMELY AND PERSONALIZED MANNER, FOR ALLTHEIR SERVICE NEEDS AND SUPPLIES.WE ATTEND 500 PRODUCERS ANNUALLY.

THE SPECIFICATION OF WHITE CORN IS AS FOLLOWS:• Commodity: Equivalent to US #2 or better.• Packing: in bulk• Test weight: 60.0 lbs per bushel Minimum• Moisture: 14.5% Maximum• Total damage: 5% Maximum ( Heat damage: 1% Maximum - Other colors: 1.5%Maximum)• Broken: 3% Maximum• Foreign materials: 2% Maximum• Aflatoxin: 20 ppb Maximum• Non-GMO: 93.0% Minimum (We need to check with the external laborites but isprobably that the correct number is 98% Minimum). SGI for example.

THE PROCESS IS AS FOLLOWS:• We beginning the harvest in May-13.• Sinaloa State is probably to have around 500,000 metric tons of the white corn to theexport market.• The all production for the next crop is around of 4,700,000 metric tons, so, the 10% isfor the export.• Sonora State is probably to have around 300,000 metric tons of durum wheat for theexport market.• The process is:1. Make the contract with to producers (INPROAGRI & PRODUCERS). Theequation is: July/13 futures (CBOT) + $30.00/MT (basis producers) = paymentto the producers. We have a time for to make this contracts, the period is(Dec-12 & Jan-13). Every day with need to check of CBOT (www.cme.com) andsee the future costs. The basis is flat: $30/mt for the producers.2. Contract between the (BUYER(S) and INPROAGRI).THE PRICE IS FLAT: payment to the producers + INPROAGRI Basis.The INPROAGRI basis included all costs FOB WC/WHEAT in the Mexican Port(Topolobampo Sinaloa or Guaymas Sonora). This basis is around US$42.50/mt(indicative). For the shipment in May-13 to Aug-13

3. The INPROAGRI basis included: Logistic, loads, storage,customs cost, agents, fumigations, local transportation, loads tothe port, document elaboration, permissions, All the generaldocuments: I.P certi, Phytosanitary, Independent Lab Non-GMOTests, Federal Grain Inspection.4. We can load easy a boat of 35,000 metric tons +/- 10% everymonth (WHITE CORN AND ADD WHEAT DURUM), but we don´thave problems for the load more, this point depend of thenecessities of the buyers.5. The payment is very important, we can not offer CIF (cost and load)Korea, the BUYER must guarantee the payment in México (letter ofcredit) and against the Document delivery via email (BL, Invoice,Certificates, etc). For the contract company/signature, to explore thepossibility of an advance payment (20%) and thus to guarantee theagreed conditionsINPROAGRI would prefer a long-term and steady business, Ithink that is possible will get a good opportunities to supplyWhite Corn into Korea.10