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PRESENTACION INPROAGRI OCT 2012 - Hecho en Mexico B2B

PRESENTACION INPROAGRI OCT 2012 - Hecho en Mexico B2B

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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 (<strong>INPROAGRI</strong> & PRODUCERS). Theequation is: July/13 futures (CBOT) + $30.00/MT (basis producers) = paym<strong>en</strong>tto 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 betwe<strong>en</strong> the (BUYER(S) and <strong>INPROAGRI</strong>).THE PRICE IS FLAT: paym<strong>en</strong>t to the producers + <strong>INPROAGRI</strong> Basis.The <strong>INPROAGRI</strong> 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 shipm<strong>en</strong>t in May-13 to Aug-13

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