Feed Statistics 2007 by Simon Mounsey Ltd

Analysis of

Essential Data and Analysis for Feed Producers and their Suppliers

FEED

STATISTICS

2007

Feed Company Finances • Feed Production Data • Feed Material Usage

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COMMENTARY

COMPANIES

EUROPE

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Contents CONTENTS ................................................................................................................................................................................... 1 UK ANIMAL FEED BUSINESSES AND THEIR FINANCES .................................................................................................................... 9 A NICHOLLS (COW MILLS LTD) .................................................................................................................................................................... 9 A & F WILLIAMSON & SONS LTD ................................................................................................................................................................. 9 AB AGRI LTD ............................................................................................................................................................................................ 9 AGRIFFEN FEEDS LTD ................................................................................................................................................................................. 9 ALLEN & PAGE LTD ................................................................................................................................................................................... 9 ALLTECH (UK) LTD .................................................................................................................................................................................... 9 A ONE FEED SUPPLEMENTS LTD ................................................................................................................................................................... 9 ARGO FEEDS LTD ...................................................................................................................................................................................... 9 B TICKLE & SONS LTD ................................................................................................................................................................................ 9 BARDSEY MILLS LTD .................................................................................................................................................................................. 9 BASIL L LEEDER LTD ................................................................................................................................................................................... 9 BIOMAR LTD ............................................................................................................................................................................................ 9 BOCM PAULS LTD .................................................................................................................................................................................. 9 BOWERINGS ANIMAL FEEDS LTD ................................................................................................................................................................ 10 C J WILDBIRD FOODS LTD ......................................................................................................................................................................... 10 CARRS BILLINGTONS (OPERATIONS) LTD ...................................................................................................................................................... 10 CHARNWOOD MILLING COMPANY LTD ........................................................................................................................................................ 10 C M VARLEY & COMPANY LTD .................................................................................................................................................................. 10 CORNWALL FARMERS LTD ......................................................................................................................................................................... 10 COUNTRYWIDE FARMERS PLC .................................................................................................................................................................... 10 CRANSWICK MILL LTD .............................................................................................................................................................................. 10 CREDITON MILLING COMPANY LTD ............................................................................................................................................................. 10 CYMRU COUNTRY FEEDS LTD ..................................................................................................................................................................... 10 DALLAS KEITH LTD ................................................................................................................................................................................... 10 DAVIDSON BROTHERS (SHOTTS) LTD ........................................................................................................................................................... 10 DENGIE CROPS LTD ................................................................................................................................................................................. 10 DODSON & HORRELL LTD ......................................................................................................................................................................... 10 DUGDALE NUTRITION LTD ......................................................................................................................................................................... 11 DUKES & BOTLEY AGRICULTURE LTD ........................................................................................................................................................... 11 EMERY REES FEEDS LTD ............................................................................................................................................................................ 11

Feed Statistics • 2007

EWOS LTD ............................................................................................................................................................................................. 11 F H NASH LTD ........................................................................................................................................................................................ 11 FARMWAY LTD ....................................................................................................................................................................................... 11 FAVOR PARKER LTD ................................................................................................................................................................................. 11 FEEDCO LTD........................................................................................................................................................................................... 11 FORTHGLADE LTD .................................................................................................................................................................................... 11 FOX FEEDS LTD ....................................................................................................................................................................................... 11 FRANK WRIGHT LTD ................................................................................................................................................................................ 11 GILBERTSON & PAGE LTD ......................................................................................................................................................................... 11 GLW FEEDS LTD ..................................................................................................................................................................................... 11 GRAIN HARVESTERS LTD ........................................................................................................................................................................... 11 GRAMPIAN COUNTRY FEEDS LTD ................................................................................................................................................................ 11 GREENCOAT LTD ..................................................................................................................................................................................... 12 GRO‐WELL LTD ...................................................................................................................................................................................... 12 H & C BEART LTD ................................................................................................................................................................................... 12 H G GLADWELL & SONS LTD ..................................................................................................................................................................... 12 THE HARBRO GROUP LTD ......................................................................................................................................................................... 12 HARPER'S HOME MIX LTD ........................................................................................................................................................................ 12 HI‐PEAK FEEDS LTD ................................................................................................................................................................................. 12 HST FEEDS LTD ...................................................................................................................................................................................... 12 I 'ANSON BROS LTD ................................................................................................................................................................................. 12 J E PORTER LTD ...................................................................................................................................................................................... 12 J STOBART & SONS LTD ............................................................................................................................................................................ 12 JOHN LOADER (WESSEX) LTD .................................................................................................................................................................... 12 JUBILEE MILLING LTD ............................................................................................................................................................................... 12 LLOYDS (ANIMAL) FEEDS LTD .................................................................................................................................................................... 12 LLOYDS ANIMAL FEEDS (SOUTHERN) LTD ..................................................................................................................................................... 13 LLOYDS ANIMAL FEEDS (WESTERN) LTD ...................................................................................................................................................... 13 M E WATERHOUSE LTD............................................................................................................................................................................ 13 MANOR FARM FEEDS LTD ......................................................................................................................................................................... 13 MASSEY BROTHERS (FEEDS) LTD ................................................................................................................................................................ 13 MOLE VALLEY FARMERS LTD ..................................................................................................................................................................... 13 MOORES ANIMAL FEEDS LTD .................................................................................................................................................................... 13 NWF AGRICULTURE LTD .......................................................................................................................................................................... 13 OAKES MILLERS LTD ................................................................................................................................................................................ 13 PEN MILL FEEDS LTD ............................................................................................................................................................................... 13 PREMIER NUTRITION PRODUCTS LTD .......................................................................................................................................................... 13 PRIMARY DIETS LTD ................................................................................................................................................................................. 13

Feed Statistics • 2007

PROTEIN FEEDS LTD ................................................................................................................................................................................. 13 PROVIMI LTD .......................................................................................................................................................................................... 13 RIVERSIDE FEEDS LTD ............................................................................................................................................................................... 13 RUMENCO LTD ....................................................................................................................................................................................... 14 SCOTTS FEEDS LTD .................................................................................................................................................................................. 14 SOUTHERN VALLEY FEEDS LTD ................................................................................................................................................................... 14 TITHEBARN LTD ...................................................................................................................................................................................... 14 UNITED FEEDS LTD .................................................................................................................................................................................. 14 W & H MARRIAGE & SONS LTD ................................................................................................................................................................ 14 W E JAMESON & SON LTD ........................................................................................................................................................................ 14 W L DUFFIELD & SONS LTD ...................................................................................................................................................................... 14 WELSH FEED PRODUCERS LTD ................................................................................................................................................................... 14 WM LILLICO & SON LTD ........................................................................................................................................................................... 14 WYNNSTAY GROUP PLC ........................................................................................................................................................................... 14 FEED INDUSTRY LOG ................................................................................................................................................................... 15 THE STRUCTURE OF THE FEED INDUSTRY IN THE UK ..................................................................................................................... 20 EMPLOYMENT IN UK FEED MILLS ............................................................................................................................................................... 20 TURNOVER OF UK FEED MANUFACTURERS .................................................................................................................................................. 20 LONGEVITY OF UK FEED BUSINESSES ........................................................................................................................................................... 20 GEOGRAPHICAL DISTRIBUTION OF UK FEED BUSINESSES ................................................................................................................................. 20 VOLUME OF PURCHASED FEEDINGSTUFFS IN THE UK ...................................................................................................................................... 21 VALUE OF PURCHASED FEEDINGSTUFFS IN THE UK ......................................................................................................................................... 21 COMPOUND FEED OUTPUT IN THE UK ........................................................................................................................................................ 21 COMPOUND FEED OUTPUT IN GREAT BRITAIN .............................................................................................................................................. 22 COMPOUND FEED OUTPUT IN NORTHERN IRELAND ....................................................................................................................................... 22 PRODUCTION OF COMPOUNDS IN GREAT BRITAIN ...................................................................................................................... 23 CATTLE FEED .......................................................................................................................................................................................... 23 PIG FEED ............................................................................................................................................................................................... 23 POULTRY FEED ........................................................................................................................................................................................ 23 SHEEP FEED ........................................................................................................................................................................................... 24 OTHER FEED .......................................................................................................................................................................................... 24 MARKET SHARES OF FARMER‐CONTROLLED, INDEPENDENT AND NATIONAL COMPOUNDERS ................................................................................. 24 PRODUCTION, PRICES AND REVENUE OF COMPOUNDERS IN GREAT BRITAIN ....................................................................................................... 25

Feed Statistics • 2007

TWELVE MONTHS COMPOUND FEED OUTPUT – GREAT BRITAIN .................................................................................................. 26 FEED PRODUCTION IN GREAT BRITAIN IN THE LAST TWELVE MONTHS ............................................................................................................... 26 CATTLE FEED .......................................................................................................................................................................................... 26 PIG FEED ............................................................................................................................................................................................... 26 POULTRY FEED ........................................................................................................................................................................................ 27 SHEEP FEED ........................................................................................................................................................................................... 27 OTHER FEED .......................................................................................................................................................................................... 28 MARKET SHARE OF INTEGRATED POULTRY FEED PRODUCERS ........................................................................................................................... 28 THREE MONTHS COMPOUND FEED OUTPUT – GREAT BRITAIN .................................................................................................... 29 FEED PRODUCTION IN GREAT BRITAIN IN THE LAST THREE MONTHS ................................................................................................................. 29 CATTLE FEED .......................................................................................................................................................................................... 29 PIG FEED ............................................................................................................................................................................................... 29 POULTRY FEED ........................................................................................................................................................................................ 29 SHEEP FEED ........................................................................................................................................................................................... 30 OTHER FEED .......................................................................................................................................................................................... 30 MARKET SHARES OF FARMER‐CONTROLLED, INDEPENDENT AND NATIONAL COMPOUNDERS ................................................................................. 30 MARKET SHARE OF INTEGRATED POULTRY FEED PRODUCERS ........................................................................................................................... 30 UK WHOLESALE MILK DELIVERIES .............................................................................................................................................................. 31 NORTHERN IRELAND – EVOLUTION OF FEED PRODUCTION .......................................................................................................... 32 CATTLE FEED .......................................................................................................................................................................................... 32 PIG FEED ............................................................................................................................................................................................... 32 POULTRY FEED ........................................................................................................................................................................................ 32 SHEEP FEED ........................................................................................................................................................................................... 32 TWELVE MONTHS COMPOUND FEED OUTPUT – NORTHERN IRELAND .......................................................................................... 33 FEED PRODUCTION IN NORTHERN IRELAND IN THE LAST TWELVE MONTHS ......................................................................................................... 33 CATTLE FEED .......................................................................................................................................................................................... 33 PIG FEED ............................................................................................................................................................................................... 33 POULTRY FEED ........................................................................................................................................................................................ 34 SHEEP FEED ........................................................................................................................................................................................... 34

Feed Statistics • 2007

THREE MONTHS COMPOUND FEED OUTPUT – NORTHERN IRELAND ............................................................................................ 35 CATTLE FEED .......................................................................................................................................................................................... 35 PIG FEED ............................................................................................................................................................................................... 35 POULTRY FEED ........................................................................................................................................................................................ 35 SHEEP FEED ........................................................................................................................................................................................... 35 COMPOUNDERS’ USE OF FEED MATERIALS – GREAT BRITAIN ....................................................................................................... 36 FEED MATERIAL USAGE BY CATEGORY ......................................................................................................................................................... 36 TWELVE MONTHS FEED MATERIAL USAGE – GREAT BRITAIN ....................................................................................................... 37 CEREALS AND CEREAL BY‐PRODUCTS .......................................................................................................................................................... 37 OILSEEDS AND OILSEED DERIVATIVES .......................................................................................................................................................... 37 VEGETABLE AND ANIMAL PROCESSING RESIDUES ........................................................................................................................................... 37 MINERALS, OILS AND FATS AND OTHER MATERIALS ....................................................................................................................................... 38 CEREALS USAGE IN POULTRY FEEDS ............................................................................................................................................................ 38 THREE MONTHS FEED MATERIAL USAGE – GREAT BRITAIN .......................................................................................................... 39 CEREALS AND CEREAL BY‐PRODUCTS .......................................................................................................................................................... 39 OILSEEDS AND OILSEED DERIVATIVES .......................................................................................................................................................... 39 VEGETABLE AND ANIMAL PROCESSING RESIDUES ........................................................................................................................................... 39 MINERALS, OILS AND FATS AND OTHER MATERIALS ....................................................................................................................................... 39 CEREALS USAGE IN POULTRY FEEDS ............................................................................................................................................................ 40 COMPOUNDERS’ USE OF FEED MATERIALS – NORTHERN IRELAND ............................................................................................... 41 FEED MATERIAL USAGE BY CATEGORY ......................................................................................................................................................... 41 TWELVE MONTHS FEED MATERIAL USAGE – NORTHERN IRELAND ............................................................................................... 42 CEREALS AND CEREAL BY‐PRODUCTS .......................................................................................................................................................... 42 OILSEEDS AND OILSEED DERIVATIVES .......................................................................................................................................................... 42 VEGETABLE AND ANIMAL PROCESSING RESIDUES ........................................................................................................................................... 42 MINERALS, OILS AND FATS AND OTHER MATERIALS ....................................................................................................................................... 42 THREE MONTHS FEED MATERIAL USAGE – NORTHERN IRELAND .................................................................................................. 43 CEREALS AND CEREAL BY‐PRODUCTS .......................................................................................................................................................... 43 OILSEEDS AND OILSEED DERIVATIVES .......................................................................................................................................................... 43 VEGETABLE AND ANIMAL PROCESSING RESIDUES ........................................................................................................................................... 43 MINERALS, OILS AND FATS AND OTHER MATERIALS ....................................................................................................................................... 43

Feed Statistics • 2007

LIVESTOCK NUMBERS IN THE UNITED KINGDOM BY COUNTRY .................................................................................................... 44 ENGLAND .............................................................................................................................................................................................. 44 WALES .................................................................................................................................................................................................. 45 SCOTLAND ............................................................................................................................................................................................. 45 NORTHERN IRELAND ................................................................................................................................................................................ 45 UNITED KINGDOM ................................................................................................................................................................................... 46 UK MEAT PRODUCTION AND SELF‐SUFFICIENCY ........................................................................................................................................... 46 UK LIVESTOCK PRODUCT PRODUCTION AND SELF‐SUFFICIENCY ........................................................................................................................ 46 CROP PRODUCTION AND FEED MATERIALS .................................................................................................................................. 47 UK CEREAL PRODUCTION ......................................................................................................................................................................... 47 UK OILSEED AND PULSE PRODUCTION ........................................................................................................................................................ 47 FEED MATERIAL PRICES ............................................................................................................................................................................ 48 EXCHANGE RATES .................................................................................................................................................................................... 48 INTEREST RATES ...................................................................................................................................................................................... 48 THE WORLD WHEAT MARKET ................................................................................................................................................................... 49 THE WORLD MAIZE MARKET .................................................................................................................................................................... 50 THE WORLD SOYBEAN MARKET ................................................................................................................................................................. 50 THE WORLD SOYBEAN MEAL MARKET ........................................................................................................................................................ 50 LIVESTOCK PRODUCTION, PRICES AND CONSUMPTION ............................................................................................................... 51 PRODUCER PRICES FOR LIVESTOCK, MILK AND EGGS ...................................................................................................................................... 51 SLAUGHTERINGS OF LIVESTOCK .................................................................................................................................................................. 51 UK PRODUCTION OF MEAT AND POULTRY ................................................................................................................................................... 51 UK CONSUMPTION OF MEAT AND POULTRY ................................................................................................................................................. 52 HOUSEHOLD CONSUMPTION OF LIVESTOCK PRODUCTS ................................................................................................................................... 52 RETAIL PRICES FOR LIVESTOCK PRODUCTS .................................................................................................................................................... 52 COMPOUND FEED PRODUCTION IN THE EUROPEAN UNION ........................................................................................................ 53 THE DEVELOPMENT OF THE EU .................................................................................................................................................................. 53 EU‐15 COMPOUND FEED PRODUCTION ...................................................................................................................................................... 54 EU‐15 CATTLE FEED ................................................................................................................................................................................ 54 EU‐15 PIG FEED ..................................................................................................................................................................................... 54 EU‐15 POULTRY FEED ............................................................................................................................................................................. 55 GERMANY .............................................................................................................................................................................................. 55 FRANCE ................................................................................................................................................................................................. 55 ITALY .................................................................................................................................................................................................... 55

Feed Statistics • 2007

NETHERLANDS ........................................................................................................................................................................................ 56 BELGIUM ............................................................................................................................................................................................... 56 IRELAND ................................................................................................................................................................................................ 56 DENMARK.............................................................................................................................................................................................. 56 SPAIN ................................................................................................................................................................................................... 57 PORTUGAL ............................................................................................................................................................................................. 57 AUSTRIA ................................................................................................................................................................................................ 57 SWEDEN ................................................................................................................................................................................................ 57 FINLAND ................................................................................................................................................................................................ 58 THE ENTRANTS OF 2004 .......................................................................................................................................................................... 58 CZECH REPUBLIC ..................................................................................................................................................................................... 58 ESTONIA ................................................................................................................................................................................................ 58 HUNGARY .............................................................................................................................................................................................. 59 LATVIA .................................................................................................................................................................................................. 59 LITHUANIA ............................................................................................................................................................................................. 59 POLAND ................................................................................................................................................................................................ 59 SLOVAKIA .............................................................................................................................................................................................. 60 SLOVENIA .............................................................................................................................................................................................. 60 PRODUCTION OF MILK REPLACERS IN THE EU .............................................................................................................................. 61 GLOSSARY OF TERMS .................................................................................................................................................................. 62 AUTHORISED INTERMEDIATE PRODUCT ........................................................................................................................................................ 62 AUTHORISED MEDICATED PRE‐MIX ............................................................................................................................................................. 62 COMPLETE FEEDINGSTUFFS ....................................................................................................................................................................... 62 COMPOUND FEEDINGSTUFFS ..................................................................................................................................................................... 62 CONTROLLED PRODUCT ............................................................................................................................................................................ 62 MEDICATED FEEDINGSTUFFS ..................................................................................................................................................................... 62 PRE‐MIX ................................................................................................................................................................................................ 63 PREMIXTURE .......................................................................................................................................................................................... 63 ZOOTECHNICAL ADDITIVE .......................................................................................................................................................................... 63 ZOOTECHNICAL PREMIXTURE ..................................................................................................................................................................... 63 ZOOTECHNICAL FEEDINGSTUFF ................................................................................................................................................................... 63 ZOOTECHNICAL PRODUCT ......................................................................................................................................................................... 63

Feed Statistics • 2007

USEFUL NAMES AND ADDRESSES ................................................................................................................................................ 64 FEED TRADE ASSOCIATIONS ....................................................................................................................................................................... 64 AIC Agricultural Industries Confederation ........................................................................................................................ 64 FEFAC European Feed Manufacturers Association ................................................................................................................ 64 IFIF International Feed Industries Federation ................................................................................................................... 64 EMPLOYEES PROFESSIONAL BODY ............................................................................................................................................................... 64 SFT Society of Feed Technologists ..................................................................................................................................... 64 SUPPLIER TRADE ASSOCIATIONS ................................................................................................................................................................. 65 GAFTA Grain & Feed Trade Association.................................................................................................................................. 65 BAFSAM British Association of Feed Supplement & Additive Manufacturers .......................................................................... 65 IFOMA International Fishmeal & Oil Manufacturers Association United Kingdom Association of Fishmeal Manufacturers 65 NRA National Renderers Association .................................................................................................................................. 65 BAGCD British Association of Green Crop Driers .................................................................................................................... 66 COCERAL Committee of Traders in Cereals & Animal Feeds ...................................................................................................... 66 OTHER ASSOCIATED BODIES ...................................................................................................................................................................... 66 AHDA Animal Health Distributors Association (UK) Ltd ........................................................................................................ 66 BEIC British Egg Industry Council ........................................................................................................................................ 66 BPC British Poultry Council ................................................................................................................................................ 67 BVA British Veterinary Association ..................................................................................................................................... 67 DARD Department of Agriculture and Rural Development .................................................................................................. 67 DEFRA Department of the Environment, Food and Rural Affairs ........................................................................................... 67 FSA Food Standards Agency .............................................................................................................................................. 67 H‐GCA Home‐Grown Cereals Authority ................................................................................................................................. 68 NFU National Farmers Union of England & Wales ............................................................................................................. 68 NOAH National Office of Animal Health ................................................................................................................................ 68 RPSGB Royal Pharmaceutical Society of Great Britain ........................................................................................................... 68

Feed Statistics • 2007

UK Animal Feed Businesses and their Finances A N i cho l ls ( Cow Mi l ls L td) A & F Will iam son & So ns Lt d A B A gr i Lt d Ag rif fen Fe eds Ltd A ll e n & Pag e L td A llte ch (UK) Ltd A On e F ee d S upp lem en ts Lt d A rgo Feed s Ltd B Ti ck le & So ns Lt d B a rd sey M i l ls Ltd Basil L Le eder Ltd Biomar Lt d B O C M PAU LS L td

Feed Statistics • 2007

B ower ing s A nimal F eed s Lt d C J Wildbird Food s Ltd C a rr s B il li ng to n s ( O p e ra t io n s) Ltd C har nwood Mi ll ing Compan y Ltd C M Va rley & Compa ny Ltd Co rnwa ll Farm er s Ltd Co un tryw ide Farme rs Pl c C ra n swi ck Mi l l L td Crediton Milling Company Ltd Cym ru Cou ntry Fe eds Ltd Dalla s Keith Ltd D a v id so n B ro t he rs ( S ho t ts) L td De ng ie Cr ops Lt d Dod son & Ho rr el l Ltd

Feed Statistics • 2007

Du gdal e Nu tr it io n Ltd D u ke s & B o t le y A g ri cu l tu re Lt d Emer y Re es Fe eds Ltd Ew os Ltd F H Na sh L td Fa rmway Ltd Favo r Parker Ltd FeedCo Ltd Fo rthglad e Ltd Fox Feeds Ltd F ra nk Wri g h t L td Gi lb er tson & Page Ltd GLW Feeds Ltd Gra in Harv es te rs Lt d Gram pian Co untry Feeds Ltd

Feed Statistics • 2007

Gr een coat Ltd Gro - We ll Ltd H & C B ea r t Ltd H G Gladwell & Sons Ltd The Harbro Group Ltd Ha rpe r 's Hom e Mix Ltd H i -Peak Fe eds Ltd HS T F eeds Ltd I 'A nso n B ro s L td J E Por te r L td J Stobart & Sons Ltd Jo hn Load er ( Wessex) Ltd J ubile e Milling Ltd Ll oyds (An ima l) Fe eds Ltd

Feed Statistics • 2007

Lloyds Anima l F eeds (Southern) Ltd Lloyds Anima l F eeds ( Western) Ltd M E Wa ter hou se Lt d Mano r Far m F eed s Ltd Massey Brothers (Fe eds) Ltd Mol e Va lley Fa rmer s Ltd Moores Anima l F eeds Ltd NWF Agriculture Lt d Oa ke s Millers Ltd Pen Mill Feeds Ltd Pr emi er Nu tr it io n Prod ucts Ltd Primary Diets Ltd Protein Feeds Lt d Prov im i Lt d R iver s ide Fee ds Ltd

Feed Statistics • 2007

Rum enco Ltd S co t t s F e e d s Ltd Sout hern Valley Feeds Lt d T it heba rn Lt d Un ited Fe eds Ltd W & H Mar r iage & Son s Ltd W E Jameson & Son Ltd W L Duff ie ld & Son s Ltd We ls h F ee d Pr oduce rs Ltd Wm Lillico & Son Ltd W y n ns ta y Gro up P l c

Feed Statistics • 2007

Feed Industry Log

25 October 2007

Compounders reeling under the burden of sky-high feed material prices may take a little heart from the International Grains Council’s latest Grain Market Report which says that world grain markets remained very volatile in October with prices mostly losing ground. The latest HGCA data also suggests a weakening in international grain prices and some easing of ruminant feed materials although soybean meal remains high on account of the weakening dollar. Investment funds continue to destabilise prices based on market fundamentals.

24 October 2007

The European Union approves genetically modified maize varieties from DowDuPont (1507 x NK603), Herculex rootworm 59122 and a Monsanto maize variety known as NK603 x MON810. The authorisations, valid for ten years, are for use in food and animal feed only. The EU Commission approved the products after member states failed to reach a decision either one way or another. Traders regard the decision as too late to relieve pressure of feed material markets where EU zero tolerances as regards unauthorised GM material have caused supplies of maize gluten and DDGS to dry up.

11 October 2007

The EU Standing Committee on the Food Chain and Animal Health returns no definitive opinion either for or against Commission proposals to authorise three genetically modified maize varieties for food and feed, import and processing but not cultivation. As a result, the Commission must now send the appropriate dossiers to the EU Council which must then reach a decision within three months; otherwise, the proposals will be sent back to the Commission for final adoption.

Feed Statistics • 2007

26 September 2007

EU farm ministers approve proposals to set the obligatory set-aside rate for autumn 2007 and spring 2008 sowings at zero. The change comes in response to an increasingly tight situation on the grain market and, according to the EU Commission, should increase next year’s cereals harvest by at least 10 million tonnes. In the EU-27, the lower-than-expected harvest in 2006 of 265.5 million tonnes led to tightening supplies at the end of marketing year 2006/2007 and to high prices in historic terms.

22 September 2007

The UK’s first-ever outbreak of Bluetongue detected in a cow on a farm near Ipswich. The premises where Bluetongue has been found is under restrictions. The one infected animal will be culled and epidemiological investigations are being carried out to assess the situation. The total number of premises affected will rise to fifty six by the end of October with circulation established between affected cattle and sheep and the midges responsible for transmitting the virus.

12 September 2007

A new case of Foot and Mouth is detected in Surrey, less than 24 hours after EU veterinary experts had agreed to declare Britain free of foot and mouth from 9 November and to lift an export ban on meat, dairy products and live animals imposed after the disease was found on two farms in the county in July and August. In response to the latest outbreak, EU vets impose an emergency ban on all British exports of fresh meat, livestock and dairy products.

Feed Statistics • 2007

7 September 2007

Reports from the Health and Safety Executive and Professor Brian Spratt, of Imperial College London into the recent outbreak of Foot and Mouth Disease in Surrey are published, including recommendations which DEFRA accepts in full. Blaming the outbreak on broken drainage pipes at the Pirbright facility, the reports include new requirements for the government-owned Institute of Animal Health and the private pharmaceutical company Merial, which share the Pirbright site from whence the disease escaped, to ensure that all waste is sterilised within a high containment area, to establish improvement plans setting out the action which both IAH and Merial must take, which will be subject to inspections and to revise guidance and licence conditions on access to restricted sites.

6 September 2007

Debbie Reynolds, the UK’s Chief Veterinary Officer, confirmed that ‘I'm satisfied that foot and mouth has been eradicated from the UK in 2007’.

2 September 2007

Countrywide Farmers Plc announces pre-tax profits of £4.3m for the year ended 31 May 2007. Substantial reorganisation in the Agriculture business will, Countrywide claim, ensure that this business is profitable in 2008 although they expect market conditions to remain ‘challenging’ as feed material prices continue to increase significantly. This would pose challenge in terms of maintaining margins.

14 August 2007

The AIM-quoted NWF Group reports preliminary results for its year ending May 2007, with pre-tax profits before goodwill up by 7.5 per cent to £6.4 million (2006: £6.0 million) on sales of £320.4 million (£292.9 million). Feeds volumes exceed 500,000 tonnes for the first time, increasing by 12 per cent over 2006 in a market for ruminant feeds which was around 7 per cent larger in the same period. Much of the market growth is in blends. Feed sales are 13 per cent up reflecting higher feed material prices, at £81.5 million (£71.9 million). The results reflect a ‘strong performance’ in the South West, following the acquisition of JGW Thomas’ business in Devon.

Feed Statistics • 2007

13 August 2007

BOCM PAULS expand its ruminant blends business by acquiring 50 per cent of Tremains Ltd, the Bridgwater based Somerset blender with an option to purchase the balance of the company at a later date. Tremains has focussed on blends but also trades straights and a wide range of ruminant bagged products. It will continue to operate as a division of BOCM PAULS.

3 August 2007

Initial laboratory results confirm an outbreak of Foot-and-Mouth disease on a farm near Guildford in Surrey, according to Debbie Reynolds, UK Chief Veterinary Officer. In accordance with legislation and contingency planning arrangements all the cattle on the premises are culled and a Protection Zone of three kilometres radius together with a Surveillance Zone of 10 kilometres is set up. A national movement ban of all ruminants and pigs imposed throughout.

19 July 2007

William Thompson (York) Ltd is bought out by its senior management team; shares being purchased from two former chairmen and two other major shareholders. The purchase price was not disclosed. With 47 staff and a turnover of £15m, the company sells dairy, pig, beef, sheep, game and fish feed rations throughout Yorkshire and the North-East. As a result of the buy-out, David Thompson, son of the company’s founder, his nephew and former chairman, Mike Bainbridge together with two other major shareholders will leave the company. The buyout follows a planned succession strategy following the company’s restructuring in 2001.

Feed Statistics • 2007

20 June 2007

Feed Statistics • 2007

The AIM-quoted Wynnstay Group Plc announces interim results for the six months to 30th April 2007 showing sales up by almost 53 per cent to £79.9m (2006: £52.38m) and pre-tax profits up 39 per cent to £1.96m (£1.41m). However, Feed Division volumes grow only modestly with very mild weather conditions reducing demand for animal feeds. Margins were also adversely affected by sharp rises in feed material costs. In Wynnstay’s view, the feed industry is still suffering from over-capacity and dairy farmers, under severe financial pressure, are resisting price increases from their feed suppliers.

The Structure of the Feed Industry in the UK Employment in UK Feed Mills The number of feed manufacturing plants has declined steadily during the last decade and this trend continued in 2007. There remains a large number of plants with fewer than ten employees but the most representative feed mill is one employing between twenty and fortynine staff. Tab le 1 .1 Turnover of UK Feed Manufacturers The past decade has also seen a decline of more than a third in the number of feed manufacturing businesses in the UK although many of the concerns that have disappeared are very small. Tab le 1 .2 Longevity of UK Feed Businesses More than seventy per cent of the feed manufacturing businesses in the UK are over ten years old with only ten businesses (out of 275) reported as registering within the last two years. Geographical Distribution of UK Feed Businesses The region of the UK with the largest number of feed manufacturing businesses is northwest England with the north of England as a whole showing a combined sixty businesses. F igu re 1 .1

Feed Statistics • 2007

Volume of Purchased Feedingstuffs in the UK The annual DEFRA publication Agriculture in the United Kingdom gives estimates of the volumes of feeds used on UK farms. In 2006, the total volumes of compounds, blends and concentrates used by UK farmers rose by 4.6 per cent with large increases reported in the ruminant sector (the heading ‘other compounds’ is dominated by feeds for sheep and lambs). Use of poultry feeds on farms declined. There was a sharp fall in the use of straight feeds. Almost half of all purchased feeds in 2006 consisted of compounds, blends and concentrates. Tab le 1 .3 Value of Purchased Feedingstuffs in the UK The value of compounds used by UK farmers rose by almost nine per cent in 2006 as the average price paid rose to £138. There was also a sharp rise in the average price of straight feeds. Tab le 1 .4 Compound Feed Output in the UK Total output of compound feed in the United Kingdom rose by 333,000 tonnes or 3.1 per cent in 2006 compared to the previous year. The major increases took place in cattle and sheep feeds. Pig feed output also rose but poultry feed production declined. Tab le 1 .5

Feed Statistics • 2007

Compound Feed Output in Great Britain Production in Great Britain in 2006 increased by 287,000 tonnes or 3.2 per cent compared to the previous year with the largest advances being made by cattle and sheep feeds. Pig feed production was at its highest level in four years but output of poultry feed by commercial compounders fell by 5.5 per cent. Note: As a result of revisions to the data following the annual survey of smaller feed manufacturers, total production in Great Britain for 2006 was revised downwards in March 2007 by 146,000 tonnes.

Tab le 1 .6 Compound Feed Output in Northern Ireland Production of compounds in Northern Ireland in 2006 increased overall by 46,000 tonnes or by 2.5 per cent with increases in all sectors except poultry. Over the past two decades, cattle and calf feeds have come to account for half of all feed production in the province while output of pig feeds has declined from more than a fifth of total production to less than seven per cent. Tab le 1 .7

Feed Statistics â&#x20AC;˘ 2007

ÂŠ Simon Mounsey Ltd 2007 www.simonmounsey.com

Production of Compounds in Great Britain Cattle Feed Cattle and calf feed production in Great Britain rose by eight per cent in 2006. The most spectacular increases were recorded by dairy blends which now account for a significant proportion of total cattle and calf feed production. Blends for non-dairy cattle have also increased but to a lesser extent than blends for dairy cattle. Tab le 2 .1 Pig Feed Pig feed production in Great Britain was at its highest for four years, increasing by more than three per cent over the previous year. Percentage increases in link/early grower and grower diets were particularly noticeable. The sharp increase in output of protein concentrates may indicate an increased tendency towards home-mixing by pig producers. Tab le 2 .2 Poultry Feed Poultry feed production by commercial compounders fell by 145,000 tonnes or 5.5 per cent in 2006 reflecting lower output in broiler and, in particular, turkey feed output which fell by almost a quarter compared to 2005. Tab le 2 .3

Feed Statistics • 2007

Sheep Feed Sheep feed production in 2006 increased by almost 100,000 tonnes or fifteen per cent compared to the previous year. While output of compounds advanced, output of blends for both breeding and for grower/finisher diets showed very large increases, albeit from a low base, although compounds continue to be the most important supplementary feed for both breeding and fattening sheep. Tab le 2 .4 Other Feed Production of feeds for all other species showed an increase on 2006 but production of lightly processed feedingstuffs was lower than in the previous year. The proportion of feeds for species other than horses has increased while that for horses has fallen in recent years. Tab le 2 .5 Market Shares of Farmer-Controlled, Independent and National Compounders The share of independent compounders in Great Britain increased slightly in 2006 after having fallen in 2005. Independents appear to have increased their share of the market for pig feed although their share of the sheep and lamb feed market, traditionally an independent strength, fell. Tab le 2 .6

Feed Statistics â&#x20AC;˘ 2007

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Production, Prices and Revenue of Compounders in Great Britain A combination of higher production and increased prices for monogastric feeds saw compounders’ gross revenues in Great Britain rise by £66 million or 5.9 per cent in 2006 compared to the previous year. The value of output in the first six months of 2007 was £64 million or eleven per cent greater than in the corresponding period of 2005. Output value was higher for all categories of feed except sheep feeds; the increases driven largely but not exclusively by higher prices. Tab le 2 .7

Feed Statistics • 2007

Twelve Months Compound Feed Output – Great Britain Feed Production in Great Britain in the Last Twelve Months With the exception of poultry feeds, compound feed production in Great Britain was higher than the previous twelve months period. F igu re 3 .1 Cattle Feed Output of cattle and calf feeds increased by almost six per cent over the same period for 20052006. Blends performed strongest from a low base and, particularly in the case of dairy blends, significantly increased their share of the sector overall. Tab le 3 .1 Compared to year-earlier levels, cattle and calf feed production was higher until May 2007, since when it tended to reflect the effects of the poor summer weather. Production in July 2007 was well above the level of July 2006 as cattle were brought indoors to avoid the heaviest rainfall in living memory. F igu re 3 .2 Pig Feed All pig feeds saw increases on year-earlier levels with the exception of pig starter and creep feeds and breeding diets. Overall output of pig feeds was 4.3 per cent up on 2005-2006. Tab le 3 .2

Feed Statistics • 2007

During the last twelve months, output of pig feeds has run at levels consistently above those of a year earlier. F igu re 3 .3 Poultry Feed Output of poultry feeds by retail compounders was slightly lower on year-earlier levels with declining broiler feed production balanced by higher layer and breeding feed output. Tab le 3 .3 Since May 2007, output of poultry feeds has run at above year-earlier levels. F igu re 3 .4 Sheep Feed Output of sheep and lamb feeds fell by 6.5 per cent on year-earlier levels with sharp falls in the output of compounds for breeding and growing sheep. There was greater production of blends for growing and finishing animals. Tab le 3 .4 Following a series of spectacular year-on-year increases, recent output has fallen below yearearlier levels, particularly in March 2007. F igu re 3 .5

Feed Statistics â&#x20AC;˘ 2007

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Other Feed Output of feeds for miscellaneous species including fish rose by 5.6 per cent. Tab le 3 .5 Market Share of Integrated Poultry Feed Producers Comparison of output of poultry feed by commercial compounders and integrated producers shows that commercial compounders gained market share in layer and breeding feeds; commercial compounders were responsible for over 78 per cent of layer feed output in 20062007. Tab le 3 .6

Feed Statistics â&#x20AC;˘ 2007

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Three Months Compound Feed Output – Great Britain Feed Production in Great Britain in the Last Three Months With the exception of feeds for poultry and sheep, compound feed production in Great Britain was higher than the previous June-August period. F igu re 4 .1 Cattle Feed Cattle and calf feeds were almost unchanged in June - August 2007 compared to year-earlier levels. Dairy blends moved ahead, increasing market volume and share of the cattle and calf feed sector. Tab le 4 .1 Pig Feed Pig feeds continued to move ahead although output of starter and creep diets fell back. Tab le 4 .2 Poultry Feed Production of all poultry feeds by retail compounders increased on year-earlier levels with the exception of protein concentrates. Tab le 4 .3

Feed Statistics • 2007

Sheep Feed Output of feeds for sheep and lambs was eight per cent lower than a year earlier although production of blends for both breeding animals and finishing increased. Tab le 4 .4 Other Feed There was some increase in output of horse feeds compared to year-earlier levels, possibly attributable to inclement weather, but a large increase in the output of miscellaneous feeds. Tab le 4 .5 Market Shares of Farmer-Controlled, Independent and National Compounders Independent compounders appear to have lost market share although the decline was limited to less than a percentage point. Much of the loss appears to have taken place in the miscellaneous feeds category and this, combined with the very large growth in miscellaneous feed output would suggest a new ‘non-independent’ entrant into this market. Tab le 4 .6 Market Share of Integrated Poultry Feed Producers Retail compounders appear to have gained poultry feed market share from the integrated sector compared to the June-August 2006 run. This occurred in all sectors with the exception of layer feeds, a curious reversal of recent trends. Tab le 4 .7

Feed Statistics • 2007

UK Wholesale Milk Deliveries By August 2007, UK wholesale milk deliveries were running at a cumulative 131 million litres below that of the April-August period a year earlier. Tab le 4 .8

Feed Statistics â&#x20AC;˘ 2007

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Northern Ireland – Evolution of Feed Production Cattle Feed Cattle and calf feed production in Northern Ireland has increased substantially in recent years and this continued in 2006 with an overall increase of 38,000 tonnes or four per cent. The relative importance of dairy compounds has declined while that of coarse mixes and blends has increased. Tab le 5 .1 Pig Feed Output of pig feeds in 2006 was barely half that in 1983 and 100,000 tonnes or 56 per cent less than in 1996. There was, nevertheless, a 5.8 per cent increase in output in 2006 to the highest level in three years. Tab le 5 .2 Poultry Feed Output of poultry feeds in Northern Ireland has risen in recent years, standing at record levels in 2006 after an increase on year-earlier levels of 5.5 per cent. Broiler feed dominates production. Tab le 5 .3 Sheep Feed Coarse mixes and blends are showing an increased share of output of sheep and lamb feeds in Northern Ireland while breeding sheep compounds have declined in relative importance. Tab le 5 .4

Feed Statistics • 2007

Twelve Months Compound Feed Output – Northern Ireland Feed Production in Northern Ireland in the Last Twelve Months During July 2006 through June 2007, output of cattle and calf feeds, pig feeds and poultry feed in Northern Ireland increased while that of sheep and lamb feeds production declined. F igu re 6 .1 Cattle Feed Output of cattle and calf feeds rose by an overall 36,400 tonnes or 3.8 per cent. Compounds for dairy cows and coarse mixes and blends showed the largest volume increases. Tab le 6 .1 While generally running above year-earlier levels, cattle and calf feed in Northern Ireland fell below those levels in April and May 2007, most likely on account of weather related factors. F igu re 6 .2 Pig Feed Pig feed output also increased by 12,800 tonnes, or more than ten per cent, with link/early grower and finisher diets sharply up on year-earlier levels. Output of pig finishing rations rose by over eleven per cent. Tab le 6 .2

Feed Statistics • 2007

Since April 2006, total output of pig feed output has been above year-earlier levels on a monthly basis with the exception of June 2007. F igu re 6 .3 Poultry Feed Poultry feed output in Northern Ireland increased by 1,900 tonnes in 2006-2007, reflecting declines in all sectors with the exception of broilers. Turkey and other unspecified poultry feeds were particularly affected. Tab le 6 .3 During the past twelve months, poultry feed production has run erratically, sometimes above and sometimes below year-earlier levels. F igu re 6 .4 Sheep Feed Output of sheep and lamb feeds by Northern Irish compounders declined by 4,700 or seven per cent tonnes with all sub-sector affected except compounds for growing/finishing sheep. Tab le 6 .4 In recent months, output of sheep and lamb feeds in Northern Ireland has run below yearearlier levels, reflecting a return to more usual weather conditions. F igu re 6 .5

Feed Statistics â&#x20AC;˘ 2007

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Three Months Compound Feed Output – Northern Ireland Cattle Feed During the period April to June 2007, cattle and calf feed production showed a 20,500 tonne or 8.9 per cent decrease with falls in most sub-sectors except calf milk substitutes. Tab le 7 .1 Pig Feed Pig feed output in Northern Ireland increased overall by 2,500 tonnes or almost eight per cent with increased output reported in all sub-sectors. Tab le 7 .2 Poultry Feed Output of poultry feeds was almost unchanged from year-earlier levels. Tab le 7 .3 Sheep Feed Output of sheep and lamb feeds in Northern Ireland fell sharply compared to the levels of a year earlier. Tab le 7 .4

Feed Statistics • 2007

Compounders’ Use of Feed Materials – Great Britain Feed Material Usage by Category Compared with 1983, compounders now use lower quantities of cereals and higher amounts of cereal derivatives and oilseeds in their diets. The use of animal derivatives has declined because of the ban on mammalian meat and bonemeal. Tab le 8 .1

Feed Statistics • 2007

Twelve Months Feed Material Usage – Great Britain Cereals and Cereal By-Products In the twelve months September-August 2006-2007, compounders in Great Britain utilised less wheat and more barley in their formulations. A notable feature of the period is the decline in maize gluten usage, occasioned by the EU’s zero tolerance of material derived from GM varieties that, while they have received full authorisation elsewhere, have not been authorised in the EU. Tab le 9 .1 Oilseeds and Oilseed Derivatives There were substantial increases in the use of oilseeds and derivatives during the period under review. Tab le 9 .2 Vegetable and Animal Processing Residues Dried sugar beet pulp was used in smaller volumes during the period while the take-up of citrus pulp rose by eighty-five per cent. There was a further decline in the use of permitted animal residues. Tab le 9 .3

Feed Statistics • 2007

Minerals, Oils and Fats and Other Materials There were marked increases in the use of miscellaneous materials during the period under review. Tab le 9 .4 Cereals Usage in Poultry Feeds Both retail compounders and integrated poultry producers reduced the proportion of wheat in their formulations in response to high prices, increasing their utilisation of barley albeit from very low levels in the case of integrated producers. Reflecting the requirements of monogastric livestock, the proportion of cereals used in the manufacture of poultry feed in integrated premises is far higher than that of retail compounders with their high proportion of ruminant diets. Tab le 9 .5

Feed Statistics â&#x20AC;˘ 2007

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Three Months Feed Material Usage – Great Britain Cereals and Cereal By-Products Total cereal usage rose as compounders bought in more barley to replace weather-delayed wheat deliveries. Maize gluten usage reflected the EU asynchronous accreditation problem. Tab le 10 .1 Oilseeds and Oilseed Derivatives There was significant increased take-up of oilseeds and derivatives, due mainly to increased use of soybean meal and rapemeal. Tab le 10 .2 Vegetable and Animal Processing Residues The period saw sugar beet usage decline and citrus pulp take-up increase as compounders sought alternative feed materials for inclusion in ruminant rations. Tab le 10 .3 Minerals, Oils and Fats and Other Materials Again, use of miscellaneous materials and confectionary by-products rose as compounders sought to make up for high-priced feed ingredients in advance of the 2007-2008 feeding season. Tab le 10 .4

Feed Statistics • 2007

Cereals Usage in Poultry Feeds Although both retail and integrated manufacturers of poultry feeds increased the proportion of wheat in their formulations during the June-August run, there was a sharp move towards barley by retail compounders. Tab le 10 .5

Feed Statistics â&#x20AC;˘ 2007

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Compounders’ Use of Feed Materials – Northern Ireland Feed Material Usage by Category In contrast to Great Britain, compounders’ use of cereals in Northern Ireland has been increasing – partly as a result of increasing poultry feed production in the province. Oilseeds and their derivatives have also increased their share. Utilisation of the by-products of vegetable processing has declined while the use of animal derivatives and fishmeal currently occupies an insignificant share of formulations. Tab le 11 .1

Feed Statistics • 2007

Twelve Months Feed Material Usage – Northern Ireland Cereals and Cereal By-Products Cereals’ and cereal derivatives’ share of feed formulations in Northern Ireland declined slightly although those for barley and maize rose. Tab le 12 .1 Oilseeds and Oilseed Derivatives Increased take-up of rapemeal and miscellaneous oilseed cakes and meals increased this category’s share of Northern Irish formulations overall. Tab le 12 .2 Vegetable and Animal Processing Residues Northern Irish compounders’ use of vegetable derivatives declined during the period. Very small quantities of manioc (tapioca) continue to be used in Northern Irish formulations. Tab le 12 .3 Minerals, Oils and Fats and Other Materials No significant changes occurred in use of oils and fats or in mineral and vitamin supplementation in 2006-2007 compared with year-earlier levels. Tab le 12.4

Feed Statistics • 2007

Three Months Feed Material Usage – Northern Ireland Cereals and Cereal By-Products Cereals’ share of formulations increased despite a decline in the volumes used. Use of brewing, malting and distilling by-products fell as did their share of formulations, largely because of declining availability of maize gluten feed. Tab le 13 .1 Oilseeds and Oilseed Derivatives Use of oilseeds and their derivatives was little changed during the period although their overall share of formulations increased. Tab le 13 .2 Vegetable and Animal Processing Residues Northern Irish compounders’ use of vegetable derivatives declined. The use of animal products and fishmeal is very small. Tab le 13 .3 Minerals, Oils and Fats and Other Materials Small changes took place in mineralisation of feeds in Northern Ireland and oils and fats usage. Tab le 13 .4

Feed Statistics • 2007

Livestock Numbers in the United Kingdom by Country All comments refer to the June Agricultural Census or Survey. In many cases, complete data is not yet available for June 2007. From 2007 onwards cattle data is being sourced from the Cattle Tracing System (CTS) in England and Wales, the equivalent APHIS system in Northern Ireland and survey data in Scotland. This is as ‘part of our (DEFRA’s) continuing efforts to minimise the form filling burden on the farming industry’. The year-on-year trends in cattle numbers from the CTS data are reportedly very similar to those seen from surveys. However, from 2004-06 there were between five and six per cent more cattle recorded by the CTS returns than estimated from census surveys; in England, there were 360,000 head more in June 2006. In Wales, the differences in 2006 suggested that the census survey had over-estimated numbers by between eight and nine per cent. England Since 1983, the size of the dairy breeding herd in England has fallen by 1.08 million head or by over 45 per cent. Pig numbers have fallen by more than forty per cent while sheep and lamb numbers have declined by 18 per cent since 2000, although this reflects the effects of the foot and mouth epidemic in 2001. Dairy cow numbers in England, as measured by the June agricultural survey, fell below the 1.3 million mark while the beef breeding herd fell by 1.7 per cent. Overall, cattle and calf numbers fell by almost 150,000 head. The size of the pig breeding herd was unchanged while that of the sheep and lamb flock fell by 204,000 head. Tab le 14 .1

Feed Statistics • 2007

Wales Dairy cow numbers in Wales appear to have risen in 2006. Pig farming in Wales has become marginalised in recent years with just 25,200 pigs in the whole of the principality. The sheep and lamb population has also fallen significantly in recent years. Tab le 14 .2 Scotland In Scotland, emphasis has shifted in recent years from dairying to beef. Overall cattle and calf numbers in 2007 were down by 36,000 head compared to a year earlier. Pig numbers have also shrunk and sheep and lamb numbers have contracted by 255,000 head in the year to 2007. Tab le 14 .3 Northern Ireland The dairy herd in Northern Ireland has remained stable over recent years while the beef herd has contracted since 2000. There has been a significant fall in the size of the pig herd. Sheep and lamb numbers have contracted by about a quarter over the past decade. Although the numbers of cattle and calves in the province continued to decline in 2006, the dairy breeding herd appears to have increased by 1.9 per cent. The decline in pig numbers continued both in the breeding and fattening herds. Sheep and lamb numbers also fell. Tab le 14 .4

Feed Statistics â&#x20AC;˘ 2007

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United Kingdom In the UK as a whole, cattle and calf numbers fell by an estimated 2.7 per cent compared with the previous year. The decline in the beef herd was twice that of the dairy herd. The pig breeding herd was three per cent smaller and the overall herd was down by one per cent. Overall sheep and lamb numbers were down by over a million head with a contraction in the current breeding flock by 810,000 head or almost five per cent. Tab le 14 .5 UK Meat Production and Self-Sufficiency In beef and veal and in mutton and lamb, UK self-sufficiency in 2006 reached its highest level since the BSE crisis in 1996 as confidence amongst producers increased with the ending of the beef ban and Over-Thirty-Month Scheme. Imports made minor inroads into the poultry sector. Tab le 14 .6 UK Livestock Product Production and Self-Sufficiency Imports continued to make inroads into the butter, cheese and eggs sector although the UK remains for the moment more than self-sufficient in liquid milk. Tab le 14 .7

Feed Statistics â&#x20AC;˘ 2007

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Crop Production and Feed Materials UK Cereal Production In the UK, the declining area planted to wheat has been more than compensated for by increased productivity per hectare. Barley output, on the other hand has contracted in recent years. The UK remains in overall surplus of cereals when the minor grains are included. Initial indications suggest that, overall, cereal production in 2007, at 19.35 million tonnes, was seven per cent less than in 2006, almost entirely due to lower yields. Wheat production was down nine per cent with winter barley down by ten per cent. The atrocious summer weather of 2007 played a significant rôle. Tab le 15 .1 UK Oilseed and Pulse Production Oilseed rape production in the UK has increased by more than half in the last decade. Production of peas for harvesting dry has declined while that of beans for stockfeed has increased. Initial indications suggest that production of oilseed rape rose by 11 per cent in the UK in 2007 to 2.1 million tonnes. The bulk of this increase came from non-set-aside land. The bulk of the increase came from increased area sown to the crop; weather reduced yields overall by six per cent. Tab le 15 .2

Feed Statistics • 2007

Feed Material Prices Prices of some of the major feed materials (ex-farm or spot) have shown significant increases on year-earlier levels, particularly cereals which, in September 2007, reached £166 a tonne. Oil meals started the 2006-2007 feeding season at discounts to year-earlier levels but are currently well above year-earlier levels. Fishmeal of any origin traded at levels well below those of a year previously. In recent weeks, spot trade quotations have become infrequent for a number of feed materials related to the ruminant sector. Tab le 15 .3 Exchange Rates Feed material prices will be affected by exchange rate changes. Since March 2006, the value of the US dollar has depreciated against sterling which, since July 2007, has averaged above two dollars, its highest rate for many years. Sterling also strengthened against the Euro until the beginning of 2007, reaching a peak of almost €1.51, since when it has eased, notably in September when it fell to its lowest level since July 2006. From mid-2006, the effective exchange rate of sterling against all other currencies appreciated by about four per cent until July 2007, since when it has eased back to the levels of the last quarter of 2006. F igu re 15 .1 Interest Rates Relative interest rates also affect exchange rates. After raising rates by 25 basis points in January 2007 contrary to market expectations, the MPC raised rates again at their May meeting by a similar amount, bringing the rate to 5.5 per cent, its highest level since 2001. The rate was held at 5.5 per cent in June 2007 but the strength of a number of economic indicators, including growth in the economy and in the money supply, suggests that a further 25 basis point rise could come in July or August. In fact, the MPC raised rates by a further

Feed Statistics • 2007

twenty-five basis points to 5.75 per cent at their July meeting with UK short-term interest rates suggestive of a further 25 basis point increase to six per cent by the end of 2007. The exposure of some UK financial institutions to the sub-prime lending market in the US caused a major lock-up of liquidity in the UK wholesale money market with three-month LIBOR rates rising to 6.85 per cent on 13 September, more than a percentage point above Bank Rate. They have eased subsequently but were still almost half a percentage point above Bank Rate at the beginning of October. The Bank of England adopted a wait-and-see policy at their October meeting, maintaining rates at 5.75 per cent; some commentators see five per cent by the summer of 2008 as the economy slows. Figure 15 .2 The World Wheat Market The United States Department of Agriculture’s September 2007 assessment of prospects for the 2007-2008 season suggests a further run-down in end-of-season world wheat stocks. World end-of-season wheat stocks for 2006-2007, at the equivalent of seventy-one days consumption, are at historically low levels and this is reflected in current FOB price quotations. The current projection for 2007-2008 suggests an even lower end-of-season stock position of 67 days. With grain production forecast to increase at a lower rate than world consumption during the 2006-2007 season, world wheat prices measured by US hard and Soft Red Winter FOB Gulf increased sharply in October 2006 although becoming easier since. Tab le 15 .4

Feed Statistics • 2007

The World Maize Market USDA’s September 2007 estimate for end-of-season maize stocks in the current 2006-2007 season amounted to just 47 days consumption. In a market boosted by demand for maize for ethanol manufacture, latest projections for 2007-2008 indicate an improvement in end-ofseason stocks to 50 days, reflecting a major expansion of the area planted to maize in the US and predicted higher yields worldwide. Use of maize for feed, seed and industrial use worldwide is initially predicted to increase by more than fifteen per cent of which the greatest proportion will be for ethanol production. World maize prices rose very sharply at the end of 2006 and have since remained at high levels with recent quotations reflecting increased demand for ethanol production in the US and elsewhere. Tab le 15 .5 The World Soybean Market Carry-over stocks of soybeans hit record levels in the US and worldwide in 2006-2007 but pressure exerted by demand for soy oil for bio-diesel manufacture is keeping prices at high levels. Current indications suggest a fall in world inventories in 2007-2008. Tab le 15 .6 The World Soybean Meal Market Soybean meal prices have been strong in recent months, buoyed by relatively low stock levels. Tab le 15 .7

Feed Statistics • 2007

Livestock Production, Prices and Consumption Producer Prices for Livestock, Milk and Eggs Ex-farm prices for livestock products on an annual and monthly basis show that, for milk in particular, farmers received in 2006 and continue to receive substantially less for their production than they did in 2001. However, more recent indications suggest that livestock prices are beginning to move with milk at its highest level for many years. Tab le 16 .1 Slaughterings of Livestock Slaughtering of cattle and, in particular, sheep in August 2007 has been heavily influenced by the foot-and-mouth outbreak and the consequent restrictions on movement. Pig slaughterings that had been on the increase were also lower by 47,500 head or seven per cent in August 2007. The number of turkeys slaughtered continues to be markedly lower than a year ago. Tab le 16 .2 UK Production of Meat and Poultry Reflecting the ending of the beef export ban and the Over-Thirty-Month Scheme, UK beef and veal production in the second quarter of 2007 was up on year-earlier levels and the same was true of mutton and lamb and pork production. Bacon and ham production, on the other hand, was lower and the same was true of poultry meat output. Tab le 16 .3

Feed Statistics • 2007

UK Consumption of Meat and Poultry Meat consumption for all purposes in the UK in the second quarter of 2007 was sharply lower than a year previously but this was due to declining consumption of bacon and ham and of poultry meat. Tab le 16 .4 Household Consumption of Livestock Products Household consumption of livestock products represents a declining proportion of UK food consumption. Consumption of carcass meat has fallen to be replaced to a certain extent by convenience products. Skimmed milks and added value milk products have increasingly substituted for whole milks. Tab le 16 .5 Retail Prices for Livestock Products Dividing expenditure on livestock products by the amounts purchased gives an indication of unit value paid. The price of both whole and skim milk appears to have risen in 2005-2006 by about 2.3 pence a litre or four per cent. Prices increased for beef and veal and for mutton and lamb. Prices fell for chicken and, in particular, turkey. Pork sausage prices reflected increased efforts to brand and differentiate these products, particularly on quality grounds. Tab le 16 .6

Feed Statistics â&#x20AC;˘ 2007

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Compound Feed Production in the European Union The Development of the EU The EU currently consists of twenty-seven members with the latest accessions being Bulgaria and Romania. At various stages of its development, the EU is described as shown below. EU-6

the original six members of the European Economic Community: West Germany, France, Italy, the Netherlands, Belgium and Luxembourg.

EU-9

the EU-6 were joined in 1973 by the UK, Ireland and Denmark.

EU-12

Spain, Portugal and Greece joined the Community in 1986.

EU-15

Austria, Sweden and Finland joined the Community in 1995.

EU-25

the accession of a number of former Communist countries: Poland, Hungary, the Czech and Slovak Republics, Slovenia, Estonia, Latvia and Lithuania together with Malta and Cyprus.

EU-27

the EU joined by Bulgaria and Romania.

Feed Statistics • 2007

EU-15 Compound Feed Production In the EU-15, France is the largest single producer of prepared feeds for farm animals with 20.98 million tonnes or 17 per cent of the total for the countries concerned. Spain has recently overtaken Germany in the number two spot with 20.23 million tonnes. The Netherlands remains in the EU-15 top five although it has fallen from the second position it occupied in 1983. Note that no separate data is available for Luxembourg or Malta; Greece does not produce any reliable information. Tab le 17 .1 EU-15 Cattle Feed In the EU-9, Germany is the largest producer of cattle and calf compounds (excluding milk replacers) with the UK in second place. In the EU-15, Spain has displaced the UK as the second largest producer of cattle and calf compounds and looks to be heading for the number one position in the near future. Tab le 17 .2 EU-15 Pig Feed In the EU-9, Germany was the largest producer of pig compounds with 7.95 million tonnes in 2006. This figure was easily exceeded by that of Spain, the top EU-15 producer with 8.7 million tonnes or a fifth of all EU-15 production. Output of pig compounds has fallen sharply in recent years and amounted to only 1.67 million tonnes in 2006. Tab le 17 .3

Feed Statistics â&#x20AC;˘ 2007

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EU-15 Poultry Feed In the EU-15 France, with 8.45 million tonnes of poultry compounds is the largest producer with the UK in second place with 6.11 million tonnes (the UK production figures include output from so-called integrated producers who produce feed in conjunction with their poultry production operations). Spain accounts for about ten per cent of EU-15 poultry feed output. Tab le 17 .4 Germany The share in production of cattle and calf compounds in Germany has tended to decline with the increase in output of feeds for pigs and poultry. In recent years, output has remained relatively stable, averaging 19.5 million tonnes annually. Tab le 17 .5 France Output in France is dominated by poultry feeds that account for two-fifths of all production. Output is strongly concentrated in the ‘Grande Ouest’ centred on Brittany. Production of cattle and calf compounds in 2006 was the highest in recent years, reflecting the dry and hot summer of that year. Production has averaged around 22 million tonnes annually but appears to be on a slow downward trend. Tab le 17 .6 Italy The largest sector of compound feed production in Italy is poultry feed which accounted for 38 per cent of output by volume in 2006. Two years previously, output in Italy reached a record level of 13.61 million tonnes; growth has been substantial since 2000 although production fell in 2006 reflecting a sharp fall in production of poultry feeds that reflected the avian influenza scare’s effect on demand for poultry meat. Tab le 17 .7

Feed Statistics • 2007

Netherlands Output of compound feeds in the Netherlands has declined over the past two decades as a result of increasingly strict controls on intensive livestock production on account of environmental pollution. Output of pig compounds continues to dominate the industry; a decade ago, it made up almost half of all production. There was a sharp fall in poultry feed output in 2006 and this appears to have been due to the avian influenza scare during the year. Tab le 17 .8 Belgium Production in Belgium is dominated by feeds for pigs. Output overall fell by 0.3 per cent in 2006 as a result of declining pig and poultry feed production; output of cattle and calf compounds rose by five per cent. Tab le 17 .9 Ireland Production of compounds in Ireland is dominated by cattle and calf feed; output for pigs and poultry accounted jointly for 28 per cent in 2006 and sheep feeds account for a substantial proportion of the balance. Output overall rose by 9.4 per cent in 2006. Tab le 17 .10 Denmark Output in Denmark fell by 124,000 tonnes in 2006 or by 2.3 per cent. This reflected declining pig and poultry feed production, of which the former accounts for almost two-thirds of Danish output. Over the past quarter century, the share of pig feeds has risen while that of cattle and calf feeds has declined in importance. Tab le 17 .11

Feed Statistics â&#x20AC;˘ 2007

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Spain Production of compounds in Spain has increased by an average two per cent a year since 1983 and is now the second largest in the EU-25. Output declined in 2006 reflecting falls in the production of cattle and calf compounds and in poultry feeds. Production is dominated by pig compounds that account for around 40-45 per cent of output although cattle and calf compounds have constituted 27 per cent of output over the past five years. Tab le 17 .12 Portugal Output in Portugal fell by over nine per cent in 2006 reflecting sharp falls in output of cattle and calf compounds and also large falls in pig and poultry feed production. Output of feeds for the latter species accounts for two-thirds of the national product mix. Tab le 17 .13 Austria Output of compound feeds in Austria increased by more than six per cent in 2006 thanks to a strong performance by cattle and calf compounds where production rose by almost eleven per cent. Cattle and calf compounds and poultry compounds each account for 36 per cent of the national product mix. Tab le 17 .14 Sweden Output of compound feeds in Sweden fell slightly in 2006, reflecting falls in all the major product lines although there was a large proportionate increase in ‘miscellaneous’ feeds. More than half of all feeds produced are for cattle and calves. Tab le 17 .15

Feed Statistics • 2007

Finland Falling cattle and calf compound production as well as poultry feed output reduced total output in Finland by 35,000 tonnes in 2006. In recent years, the importance of cattle and calf production has increased while that of pig feeds has declined. Tab le 17 .16 The Entrants of 2004 The ten entrants to the EU in 2004 accounted for 15.55 million tonnes of compound feeds in 2006 or about eleven per cent of production in the EU-25. The new entrants’ production in 2006 was dominated by Poland and Hungary, followed by the Czech and Slovak Republics. Poland showed the strongest growth in volume terms, increasing output by almost ten per cent while Lithuania, once a very large producer during the Communist era, also showed rapid growth from a small base. Output in the Slovak Republic rose by 6.4 per cent. Tab le 17 .17 Czech Republic Production of compounds in the Czech Republic is dominated by feeds for pigs. Output fell by almost two per cent in 2006. Although output of cattle and calf compounds together with pig feeds rose, there was a sharp fall in output of poultry feeds. Tab le 17 .18 Estonia Production of compounds in Estonia is relatively small at 221,000 tonnes. Almost sixty per cent of output is accounted for by pig compounds which drove increased output in 2006. Tab le 17 .19

Feed Statistics • 2007

Hungary Hungary is the second largest producer of compounds amongst the ten new EU entrants of 2004. Feeds for pigs and poultry dominate the product mix. A combination of falling cattle and poultry feed output caused output to decline in 2006 by 35,000 tonnes or 0.8 per cent. Tab le 17 .20 Latvia Latvia is another micro-producer with output in 2006 of 160,000 tonnes. Output is dominated by pig compounds which drove most of the growth in output that took place during the year although in percentage terms output of cattle feeds grew very strongly. Tab le 17 .21 Lithuania Compared to the days of Soviet rule, production of compounds in Lithuania is now very small although it increased by 22,000 tonnes or 7.6 per cent in 2006. Output is dominated by poultry feeds; cattle feeds accounted for less than ten per cent of the product mix. Tab le 17 .22 Poland Poland saw compound production grow by 624,000 tonnes or almost ten per cent in 2006. In contrast to the 1990s, output is dominated by poultry feeds although the proportion of cattle feeds in the product mix has almost doubled in the past five years. Tab le 17 .23

Feed Statistics â&#x20AC;˘ 2007

ÂŠ Simon Mounsey Ltd 2007 www.simonmounsey.com

Slovakia Output of compounds in Slovakia increased in 2006 by 64,000 tonnes or 6.4 per cent. Production rose in all the major product groups with seven per cent increases reported for pig and poultry compounds which jointly account for around three-quarters of all production. Tab le 17 .24 Slovenia Production of compounds in Slovenia is dominated by poultry feeds, the output of which fell by 8,000 tonnes or 3.4 per cent in 2006. Cattle and calf feeds appear to be increasing their share of the product mix in recent years and are now approaching the higher levels of the 1990s. Tab le 17 .25

Feed Statistics â&#x20AC;˘ 2007

ÂŠ Simon Mounsey Ltd 2007 www.simonmounsey.com

Production of Milk Replacers in the EU Output of these products designed for feeding young stock has been declining for many years. The Netherlands is the largest single producer followed by France and Italy. No data is supplied for countries that have either discontinued production of these materials or only do so spasmodically and in insignificant volumes. Tab le 18 .1

Feed Statistics • 2007

Glossary of Terms Authorised Intermediate Product This is an intermediate product prepared from an authorised medicated pre-mix (or several authorised medicated pre-mixes) being any medicated product between the pre-mix and the final feed. Such products would include medicated mineral feedingstuffs and medicated complementary/supplementary feeds. Authorised Medicated Pre-mix Any veterinary medicinal product prepared in advance with a view to the subsequent manufacture of medicated feedingstuffs. (Basically authorised in-feed veterinary medicines). Complete Feedingstuffs Mixtures of feedingstuffs which, by reason of their composition, are sufficient for a daily ration. Compound Feedingstuffs Mixtures of products of vegetable or animal origin in their natural state, fresh or preserved, and products derived from the industrial processing thereof, or organic or inorganic substances, whether or not containing additives, for oral animal feeding in the form of complete feedingstuffs or complementary/supplementary feedingstuffs. Controlled Product An authorised medicated pre-mix, authorised intermediate product, zootechnical additive or zootechnical premixture. Medicated Feedingstuffs A feedingstuff containing an authorised medicated pre-mix or an authorised intermediate product.

Feed Statistics • 2007

Pre-mix An authorised medicated pre-mix. Premixture A mixture of additives on a base. Zootechnical Additive Any additive specified in the groups: Antibiotics, Coccidiostats and other medicinal products or Growth Promoters as listed in EC Directive 70/524. Zootechnical Premixture A premixture containing a zootechnical additive. Zootechnical Feedingstuff A feedingstuff containing a zootechnical additive. Zootechnical Product A zootechnical additive, premixture or feedingstuff.

Feed Statistics â&#x20AC;˘ 2007

ÂŠ Simon Mounsey Ltd 2007 www.simonmounsey.com

Useful Names and Addresses Fe ed Trad e A sso ciation s AIC

Agricultural Industries Confederation Confederation House East of England Showground Peterborough PE2 6XE T: 01733 385230 F: 01733 385270 W: www.agindustries.org.uk E: enquiries@agindustries.org.uk

FEFAC

European Feed Manufacturers Association Rue de la Loi 223 B-1040 Brussels Belgium T: +32 2 285 0050 F: +32 2 230 5722 W: www.fefac.org E: fefac@fefac.org

IFIF

International Feed Industries Federation 7 St George’s Terrace Cheltenham Gloucestershire GL50 3PT T: 01242 267702 F: 01242 267701 W: www.ifif.org E: roger.gilbert@ifif.org

E m p lo y e e s P ro f e ss io na l Bod y SFT

Society of Feed Technologists 2 Highmoor Road Caversham Reading RG4 7BN T: 0118 947 5737

Feed Statistics • 2007

F: 0118 947 5737 E: sfteurope@aol.com

Su ppl ie r T rade A ss ocia tio ns GAFTA

Grain & Feed Trade Association Gafta House 6 Chapel Place Rivington Street London EC2A 3SH T: 020 7814 9666 W: www.gafta.com

F: 020 7814 8383 E: post@gafta.com

BAFSAM

British Association of Feed Supplement & Additive Manufacturers 238 Chester Road Hartford Northwich Cheshire CW8 1LW T: 01606 783314 F: 01606 783314 E: hwebafsam@onetel.com

IFOMA

International Fishmeal & Oil Manufacturers Association United Kingdom Association of Fishmeal Manufacturers 2 College Yard Lower Dagnall Street St Albans Hertfordshire AL3 4PA T: 01727 842844 F: 01727 842866 W: www.ifoma.com E: secretariat@ifoma.org

NRA

National Renderers Association 52 Packhorse Road Gerrards Cross Buckinghamshire SL9 8EF T: 01753 895414 W: www.renderers.org

Feed Statistics • 2007

F: 01753 880686 E: nra.london@virgin.net

BAGCD

British Association of Green Crop Driers Silverwood Westenhanger Hythe Kent CT21 4HT T: 01303 267317 F: 01303 267344 W: www.bagcd.org E: bagcd@compuserve.com

COCERAL Committee of Traders in Cereals & Animal Feeds 18 Square de Meeûs 1050 Brussels Belgium T: +32 2 502 0808 F: +32 2 502 6030 W: www.coceral.com E: secretariat@coceral.com O th er A ss o c ia ted B o d ies AHDA

Animal Health Distributors Association (UK) Ltd Gable Court 8 Parsons Hill Hollesley Woodbridge Suffolk IP12 3RB T: 01394 410444 F: 01394 410455 W: www.ahda.org.uk E: info@ahda.org.uk

BEIC

British Egg Industry Council 126-128 Cromwell Road London SW7 4ET T: 020 7370 7411 W: www.britegg.co.uk

Feed Statistics • 2007

F: 020 7373 3926 E: info@britegg.co.uk

BPC

BVA

British Poultry Council Europoint House 5 Lavington Street London WC2B 6UA T: 020 7202 4760 W: www.poultry.uk.com

F: 020 7928 6366 E: bpc@poultry.uk.com

British Veterinary Association 7 Mansfield Street London W1G 9NQ T: 020 7636 6541 W: www.bva.co.uk

F: 020 7436 2970 E: bvahq@bva.co.uk

DARD

Department of Agriculture and Rural Development Dundonald House Upper Newtownards Road Belfast BT4 3SB T: 028 9052 4999 F: 028 9052 5003 W: www.dardni.gov.uk E: library@dardni.gov.uk

DEFRA

Department of the Environment, Food and Rural Affairs Nobel House 17 Smith Square London SW1P 3JR T: 020 7238 6000 F: 020 7238 6591 W: www.defra.gov.uk E: helpline@defra.gsi.gov.uk

FSA

Food Standards Agency Animal Feed Division Room 415b, Aviation House 125 Kingsway London WC2B 6NH T: 020 7276 8000 W: www.foodstandards.gov.uk

Feed Statistics • 2007

F: 020 7238 6330 E: helpline@foodstandards.gsi.gov.uk

H-GCA

Home-Grown Cereals Authority Caledonia House 223 Pentonville Road London N1 9HY T: 020 7520 3926 W: www.hgca.co.uk

F: 020 7520 3954 E: mi@hgca.com

NFU

National Farmers Union of England & Wales 164 Shaftesbury Avenue London WC2H 8HL T: 020 7331 7200 F: 020 7331 7313 W: www.nfu.org.uk E: nfu@nfu.org.uk

NOAH

National Office of Animal Health 3 Crossfield Chambers Gladbeck Way Enfield Middlesex EN2 7HF T: 020 8367 3131 W: www.noah.co.uk

RPSGB

F: 020 8363 1155 E: noah@noah.co.uk

Royal Pharmaceutical Society of Great Britain Animal Medicines Inspectorate NAC, Stoneleigh Warwickshire CV8 2LZ T: 024 7684 9260 F: 024 7684 9261 W: www.rpsgb.org.uk E: ami@rpsgb.org.uk

Feed Statistics • 2007

A Nicholls (Cow Mills) Ltd Company Number: 00582336

Cow Mills Chipping Sodbury Bristol BS37 4AD

Accounting Reference Date

30 April

Telephone: 01454 313788 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 1,044 92 126 100

M 1,192 61 94 81

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

2,875 1,299 2,664 2,627 24 62 2,541

3,015 1,463 2,702 2,666 24 62 2,580

58 -99 -73 8

100 -171 -104 0

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Share Premium Account of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

A & F Williamson & Sons Ltd Company Number: 03207156

Gate House Farm Gratton Lane Endon Stoke on Trent Staffordshire ST9 9AB

Accounting Reference Date

31 July

Telephone: 01782 503121 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Other Reserves of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

657 391 351 345 75 25 245 S S S S

S S S S S 671 313 437 432 75 25 332 S S S S

ÂŠ Simon Mounsey Ltd 2007

AB Agri Ltd Company Number: 00193800

Oundle Road Peterborough PE2 9PW

Accounting Reference Date

15 September

Telephone: 01733 555552 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

605,264 57,043 7,409 8,658 7,019

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

112,007 41,496 132,648 127,075 102,000 25,075 FRS1 FRS1 FRS1 FRS1

500,449 n.a. 3,575 12,777 8,328 116,986 43,290 132,835 127,403 102,000 25,403 FRS1 FRS1 FRS1 FRS1

Agriffen Feeds Ltd Company Number: 02617756

Garden Cottage Chapmans Court Catterick Village Richmond North Yorkshire DL10 7UE

Accounting Reference Date

30 September

Telephone: Not Known 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

424 33 3 3 3

648 46 14 14 14

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

184 216 -31 -31 0 -31

256 273 -17 -17 0 -17

FRS1 FRS1 FRS1 FRS1

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

Allen & Page Ltd Company Number: 00318101

Norfolk Mill Shipdham Thetford Norfolk IP25 7SD

Accounting Reference Date

31 August

Telephone: 01362 822900 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Share Premium Account of which: Revaluation Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

1,079 738 1,615 1,502 23 6 151 1,322

S S S S

S S S S S 1,052 553 1,754 1,635 23 6 151 1,456

S S S S

ÂŠ Simon Mounsey Ltd 2007

Alltech (UK) Ltd Company Number: 01634012

Alltech House Ryhall Road Stamford Lincolnshire PE9 1TZ

Accounting Reference Date

31 December

Telephone: 01780 764512 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

5,476 1,314 -422 -493 -462

4,792 1,227 -10 -62 -160

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

2,409 3,442 1,120 400 250 150

4,736 5,844 881 240 250 -11

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

FRS1 FRS1 FRS1 FRS1

A One Feed Supplements Ltd Company Number: 01207930

North Hill Dishforth Airfield Thirsk North Yorkshire YO7 3DH

Accounting Reference Date

30 November

Telephone: 01423 322706 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 2,349 443 453 280

M 2,139 59 48 38

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

3,307 1,319 3,508 3,369 82 113 3,173

3,630 1,718 3,528 3,407 82 113 3,211

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Revaluation Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

FRS1 FRS1 FRS1 FRS1

Argo Feeds Ltd Company Number: 00566432

Kirkwood Mill Sheffield Road Penistone South Yorkshire S36 6HQ

Accounting Reference Date

31 August

Telephone: 01226 762341 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

804 764 756 656 96 560 S S S S

S S S S S 855 859 726 643 96 547 S S S S

ÂŠ Simon Mounsey Ltd 2007

B Tickle & Sons Ltd Company Number: 01838819

Invincible Works Woodland Avenue Speke Merseyside L24 9NE

Accounting Reference Date

30 June

Telephone: 0151 4481190 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Revaluation Reserve of which: Capital Redemption Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

427 918 667 547 94 826 6 -379 FRS1 FRS1 FRS1 FRS1

S S S S S 558 1,096 646 530 94 826 6 -396 FRS1 FRS1 FRS1 FRS1

Bardsey Mills Ltd Company Number: 01024711

Unit 1E Woodside Trading Estate Low Lane Horsforth Leeds LS18 5NY

Accounting Reference Date

02 August

Telephone: 08453 905060 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

S S S S S

59 47 15 15 6 9

67 51 32 28 6 23

FRS1 FRS1 FRS1 FRS1

Basil L Leeder Ltd Company Number: 01154588

Long Stratton Mills Norwich Norfolk NR15 2RU

Accounting Reference Date

31 March

Telephone: 01508 530444 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

3,537 348 -30 -41 -41

3,627 360 42 33 33

Current Assets Current Liabilities T t l Assets Total A t less l Current C t Li Liabilities biliti Shareholders' Equity

1,400 880 681 681 100 581

1,956 1,392 715 715 100 615

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

FRS1 FRS1 FRS1 FRS1

Biomar Ltd Company Number: SC119586

North Shore Road Grangemouth Docks Grangemouth FK3 8UL

Accounting Reference Date

31 December

Telephone: 01324 665585 2004

2005

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

28,555 6,932 -2,870 -3,129 -3,129

25,002 5,722 -2,108 -2,490 -2,490

21,129 22,083 4,645 4,500 15,600 -11,100

13,894 16,835 2,129 2,011 15,600 -13,589

FRS1 FRS1 FRS1 FRS1

BOCM PAULS Ltd Company Number: 00062904

Units 3-5 Alton Business Centre Valley Farm Valley Lane Wherstead Suffolk IP9 2AX

Accounting Reference Date

31 December

Telephone: 01473 556500 2004

2005

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

318,380 46,268 1,744 -4,908 -2,820

291,860 47,960 666 -1,557 -722

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

101,269 65,669 108,229 63,771 39,750 3,652 9,670 -9,551 20,250

106,085 64,340 111,252 65,523 39,750 3,652 11,876 -10,005 20,250

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Share Premium Account of which: Revaluation Reserve of which: Profit & Loss Account of which: Capital Redemption Reserve

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

FRS1 FRS1 FRS1 FRS1

Bowerings Animal Feeds Ltd Company Number: 01426079

The Docks Bridgewater Somerset TA6 3EX

Accounting Reference Date

31 October

Telephone: 01278 458191 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Share Premium Account of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

1,021 352 1,204 1,189 66 169 954 S S S S

S S S S S 1,193 478 1,272 1,270 66 169 1,035 S S S S

ÂŠ Simon Mounsey Ltd 2007

C J Wildbird Foods Ltd Company Number: 02101581

The Rea Upton Magna Shrewsbury SY4 4UR

Accounting Reference Date

31 March

Telephone: 01743 709545 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

16,330 6,046 787 792 609

19,686 6,991 590 560 357

4,389 2,407 4,497 4,191 200 3,991

4,769 2,578 4,984 4,548 200 4,348

1,327 -1,316 -351 -47

477 -1,195 -767 0

Carrs Billingtons (Operations) Ltd Company Number: 03574122

Rosehill Industrial Estate Carlisle Cumbria CA1 2UY

Accounting Reference Date

31 August

Telephone: 01228 520212 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

45,775 7,625 613 -1,516 -930

69,744 11,449 1,343 1,256 1,351

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

12,002 11,853 12,272 -2,116 500 -2,616

7,778 7,989 11,419 -579 500 -1,079

9,681 -16,706 -7,542 6,596

1,233 3,372 4,078 -2,059

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

Charnwood Milling Company Ltd Company Number: 00689456

Framlington Suffolk IP13 9PT

Accounting Reference Date

31 March

Telephone: 01728 622300 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Revaluation Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

3,458 602 50 31 24

3,738 676 77 59 47

837 615 976 913 10 252 651

853 581 1,022 959 10 247 702

97 -32 45 -2

FRS1 FRS1 FRS1 FRS1

ÂŠ Simon Mounsey Ltd 2007

C M Varley & Company Ltd Company Number: 00430043

Red Barnes Way McMullen Road Darlington County Durham DL1 2RL

Accounting Reference Date

30 June

Telephone: 01325 380000 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Revaluation Reserve of which: Profit & Loss Account of which: Capital Redemption Reserve

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

2,692 277 4,916 4,902 25 140 4,724 13 S S S S

S S S S S 2,510 244 4,841 4,819 25 153 4,641 S S S S

ÂŠ Simon Mounsey Ltd 2007

Cornwall Farmers Ltd Company Number: IP08151R

Threemilestone Truro Cornwall TR24 9LD

Accounting Reference Date

30 September

Telephone: 01872 274301 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

53,758 6,738 114 -379 -208

63,766 8,526 356 -516 -535

Current Assets Current Liabilities Total Assets less Current Liabilities Funds Attributable to Members

14,697 10,063 9,417 7,187 3,904 3,283

17,984 14,160 14,070 6,862 4,372 2,490

785 -926 -528 840

-330 238 -724 -705

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Shares Issued of which: Reserves

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

Countrywide Farmers Plc Company Number: 03776711

Defford Earls Croome Worcester WR8 9DF

Accounting Reference Date

31 May

Telephone: 01386 757300 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

147,822 35,172 -1,861 -3,043 -3,060

155,703 34,189 964 212 364

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

32,098 32,094 45,471 24,992 16,413 21,319 -7,343 -5,397

34,007 35,773 43,631 24,493 16,413 20,376 -7,343 -4,953

5,590 -4,244 82 3,688

-515 -1,911 -3,973 -1,007

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Revaluation Reserve of which: Merger Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

Cranswick Mill Ltd Company Number: 01941133

Cranswick Mill Cranswick Driffield East Yorkshire YO25 9PF

Accounting Reference Date

31 March

Telephone: 01377 270649 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

71,042 2,895 -390 -480 -316

69,199 3,150 692 794 565

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

12,213 12,624 2,370 2,120 10 2,110

11,025 10,740 2,656 2,435 10 2,425

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

FRS1 FRS1 FRS1 FRS1

Crediton Milling Company Ltd Company Number: 00813541

Fordton Mills Crediton Devon EX17 3DH

Accounting Reference Date

30 June

Telephone: 01363 772212 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Other Reserves of which: Profit & Loss Account of which: Capital Redemption Reserve

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

970 1,126 463 448 29 19 382 20 S S S S

S S S S S 1,008 1,055 512 486 29 19 420 20 S S S S

ÂŠ Simon Mounsey Ltd 2007

Cymru Country Feeds Ltd Company Number: SC146668

Llay Mill Miners Road Llay Industrial Estate Wrexham LL12 0PJ

Accounting Reference Date

31 May

Telephone: 01978 852177 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

42,560 4,849 826 742 212

40,839 5,177 877 813 577

6,981 3,979 5,284 4,408 100 4,308

7,354 4,077 5,450 4,985 100 4,885

FRS1 FRS1 FRS1 FRS1

Dallas Keith Ltd Company Number: 01081731

Bromag Industrial Estate Witney Oxon OX29 0SR

Accounting Reference Date

30 June

Telephone: 01993 773061 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Other Reserves of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

589 238 420 408 18 26 364 S S S S

S S S S S 502 231 324 322 18 26 278 S S S S

ÂŠ Simon Mounsey Ltd 2007

Davidson Brothers (Shotts) Ltd Company Number: FRS1025270

Gray Street Shotts Lanarkshire Strathclyde ML7 5EW

Accounting Reference Date

31 July

Telephone: 01501 020048 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account of which: Capital Redemption Reserve

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

10,774 3,658 -1,224 -1,307 -915

14,371 4,362 -1,067 551 408

2,173 2,048 4,868 3,680 140 3,528 13

2,829 2,197 5,255 4,088 140 3,936 13

-592 -107 -1,049 394

1,290 78 1,325 -64

ÂŠ Simon Mounsey Ltd 2007

Dengie Crops Ltd Company Number: 02328408

Heybridge Business Centre 110 The Causeway Maldon Essex CM9 4ND

Accounting Reference Date

30 April

Telephone: 01621 841188 2005 Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Share Premium Account of which: Profit & Loss Account of which: Capital Redemption Reserve

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

2006

11,023 2,760 811 749 526

11,421 3,224 1,042 952 702

3,963 3,197 4,795 3,769 73 1,667 2,016 13

4,023 3,582 6,068 4,256 72 1,667 2,503 14

1,091 -626 168 -218

1,609 -2,344 -1,150 817

ÂŠ Simon Mounsey Ltd 2007

Dodson & Horrell Ltd Company Number: 02098720

Islip Furnaces Industrial Estate Kettering Road Kettering NN14 3JW

Accounting Reference Date

30 April

Telephone: 01832 737300 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

32,011 10,884 1,355 1,250 827

33,680 11,495 934 776 598

17,297 6,748 11,732 10,497 1 10,496

17,249 6,790 14,224 11,095 1 11,094

FRS1 FRS1 FRS1 FRS1

Dugdale Nutrition Ltd Company Number: 00294023

Bellman Mill Salthill Clitheroe Lancashire BB7 1QW

Accounting Reference Date

30 April

Telephone: 01200 420200 2006

2007

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 2,797 182 193 155

M 3,147 191 193 144

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

3,142 2,414 2,147 1,994 28 1,930 36

2,973 2,197 2,163 1,995 28 1,931 36

710 -355 205 0

571 -143 273 0

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account of which: Capital Redemption Reserve

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

Dukes & Botley Agriculture Ltd Company Number: 02489954

Wildern Mill Charles Watts Way Hedge End Southampton Hampshire SO30 4RT

Accounting Reference Date

31 March

Telephone: 01489 780033 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

1,236 1,563 581 427 100 327 FRS1 FRS1 FRS1 FRS1

S S S S S 1,426 1,730 664 440 100 340 FRS1 FRS1 FRS1 FRS1

Emery Rees Feeds Ltd Company Number: 01118830

Underdown Farm Owslebury Winchester Hampshire SO21 1LR

Accounting Reference Date

30 June

Telephone: 01962 777340 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

430 266 385 309 0 308 S S S S

S S S S S 500 352 354 321 0 321 S S S S

ÂŠ Simon Mounsey Ltd 2007

Ewos Ltd Company Number: 01635854

Westfield Bathgate West Lothian EH48 3BP

Accounting Reference Date

31 December

Telephone: 01506 633966 2004

2005

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Share Premium Account of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

23,941 3,400 988 2,522 1,627

22,669 3,866 1,498 3,623 3,527

53,742 11,881 48,606 47,285 58,018 4,500 -15,233

53,305 7,115 52,197 50,110 58,018 4,500 -12,407

FRS1 FRS1 FRS1 FRS1

F H Nash Ltd Company Number: 00787674

Four Elms Mills Bardfield Saling Braintree Essex CM7 5EJ

Accounting Reference Date

30 September

Telephone: 01371 850247 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 4,109 538 464 337

M 4,693 540 436 327

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

2,647 2,620 3,596 3,098 468 99 2,531

3,254 2,911 3,979 3,357 468 99 2,790

1,195 -1,033 -85 -265

806 -456 62 -271

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Share Premium Account of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

Farmway Ltd Company Number: IP11592R

Cock Lane Piercebridge County Durham DL2 3TJ

Accounting Reference Date

30 November

Telephone: 0845 630 7995 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Retained Profit for the Year Current Assets Current Liabilities Total Assets less Current Laibilities Shareholders' Equity of which: Called-up Share Capital of which: Other Reserves of which: Members' Loans Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

34,972 3,441 524 305 264

38,037 3,731 -175 -286 -188

7,361 8,040 6,459 4,829 2,473 2,329 27

8,139 7,416 8,135 4,612 2,527 2,057 27

-1,478 119 -1,770 -495

-322 -590 -1,292 2,036

ÂŠ Simon Mounsey Ltd 2007

Favor Parker Ltd Company Number: 00733060

Chettisham Business Park Lynn Road Chettisham Ely Cambridgeshire CB6 1RY

Accounting Reference Date

31 May

Telephone: 01353 667774 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Revaluation Reserve of which: Profit & Loss Account of which: Capital Redemption Reserve

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

72,227 10,997 966 972 782

59,792 9,759 -112 -136 -55

13,968 9,563 14,747 14,074 2,800 2,233 8,616 425

14,048 8,917 14,668 14,019 2,800 2,233 8,561 425

FRS1 FRS1 FRS1 FRS1

FeedCo Ltd Company Number: 04441170

Cock Lane Piercebridge County Durham DL2 3TJ

Accounting Reference Date

31 March

Telephone: 01325 504600 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 1,375 -1 1 1

M 1,585 -13 -13 -9

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

1,625 1,144 2,149 443 400 43

1,921 1,433 2,553 434 400 34

19 -904 -846 1,099

-159 -425 -533 333

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

Forthglade Ltd Company Number: 01036318

Bellinster Factory Estate Berners Cross Winkleigh Devon EX19 8DH

Accounting Reference Date

30 June

Telephone: 01837 83322 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Revaluation Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

870 787 863 543 0 95 449 S S S S

S S S S S 924 830 816 580 0 95 486 S S S S

ÂŠ Simon Mounsey Ltd 2007

Fox Feeds Ltd Company Number: 01918432

Beaches Yard Brent Pelham Buntingford SG9 0HJ Hertfordshire

Accounting Reference Date

30 April

Telephone: 01279 777609 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities T t l Assets Total A t less l Current C t Li Liabilities biliti Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

1,475 97 -86 -120 -114

1,702 150 -128 -182 -157

840 975 472 125 0 125

769 993 201 -32 0 -32

FRS1 FRS1 FRS1 FRS1

Frank Wright Ltd Company Number: 00111524

Blenheim House Airfield Industrial Estate Blenheim Road Ashbourne Derbyshire DE6 1HA

Accounting Reference Date

31 December

Telephone: 01335 341100 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

43,352 6,085 1,259 1,426 1,033

47,501 5,990 1,370 1,463 1,049

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

13,525 9,565 10,097 9,363 31 9,333

13,943 8,650 11,059 10,413 31 10,382

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

FRS1 FRS1 FRS1 FRS1

Gilbertson & Page Ltd Company Number: 00055762

PO Box 321 Welwyn Garden City Hertfordshire AL7 1AN

Accounting Reference Date

31 December

Telephone: 01707 367900 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

8,197 3,132 330 166 115

8,188 3,195 394 239 160

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

1,773 2,188 5,925 3,968 255 551 3,162

1,677 1,926 5,895 4,128 255 541 3,332

936 -461 311 -139

869 -277 437 -470

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Revaluation Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

GLW Feeds Ltd

(formerly Geo L White Ltd) Company Number: 00506275

Lindum Mill Ashby Road Shepshed Loughborough Leicestershire LE12 9BS

Accounting Reference Date

31 March

Telephone: 01509 501801 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 1,719 89 77 87

M 1,903 45 3,101 2,639

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

3,184 2,175 2,255 2,072 80 1,992

6,420 3,941 5,291 4,711 80 4,631

90 -46 19 -168

2,005 -893 1,094 -91

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

Grain Harvesters Ltd Company Number: 00425039

The Old Colliery Wingham Canterbury Kent CT3 1LS

Accounting Reference Date

30 June

Telephone: 01227 723800 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Other Reserves of which: Profit & Loss Account of which: Capital Redemption Reserve

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

21,035 4,307 81 -439 -339

22,699 4,372 -107 -312 -242

3,799 3,711 3,987 2,682 81 40 2,559 2

3,521 3,762 3,567 2,440 81 40 2,317 2

666 -415 87 141

851 -426 281 -84

ÂŠ Simon Mounsey Ltd 2007

Grampian Country Feeds Ltd Company Number: FRS1096093

Mill of Brydock Banff Grampian AB45 3TX

Accounting Reference Date

31 May

Telephone: 01261 821444 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

21,245 2,570 217 216 121

21,042 2,652 206 205 44

Current Assets Current Liabilities T t l Assets Total A t less l Current C t Li Liabilities biliti Shareholders' Equity

14,426 11,795 4 4,752 752 4,513 100 4,413

16,745 13,902 4 4,786 786 4,557 100 4,457

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

FRS1 FRS1 FRS1 FRS1

Greencoat Ltd

(formerly Natural Animal Feeds Ltd) Company Number: 01560108

Wonastow Road Industrial Estate West Monmouth NP25 5JA

Accounting Reference Date

31 March

Telephone: 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

5,777 3,297 252 245 204

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

2,169 1,089 1,521 1,184 50 1,134

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

FRS1 FRS1 FRS1 FRS1

S S S S S 2,430 1,267 1,585 1,253 50 1,203 FRS1 FRS1 FRS1 FRS1

Gro-Well Ltd Company Number: 01042610

Hercules Way Bowerhill Estate Melksham Wiltshire SN12 6TS

Accounting Reference Date

28 February

Telephone: 0870 060 0670 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

686 328 731 697 10 687 S S S S

S S S S S 745 386 728 692 10 682 S S S S

ÂŠ Simon Mounsey Ltd 2007

H & C Beart Ltd Company Number: 00265446

Brighton Mill Station Road Stowbridge Kings Lynn Norfolk PE34 3PD

Accounting Reference Date

31 March

Telephone: 01366 388151 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Profit and Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

928 602 920 859 4 855 S S S S

S S S S S 875 557 815 757 4 754 S S S S

ÂŠ Simon Mounsey Ltd 2007

H G Gladwell & Sons Ltd Company Number: 00655853

Copdock Mill Copdock Ipswich Suffolk IP8 3LA

Accounting Reference Date

31 March

Telephone: 01473 730246 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Revaluation Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

10,423 1,418 171 102 82

11,500 1,544 196 109 87

1,593 1,925 797 369 10 22 337

1,822 2,078 1,185 456 10 22 424

62 -191 -218 66

363 -462 -203 327

The Harbro Group Ltd Company Number: SC062328

Harbro Limited Markethill Turriff Aberdeenshire AB53 4PA

Accounting Reference Date

30 June

Telephone: 01888 568882 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

51,663 6,534 1,280 599 505

51,512 6,597 1,354 700 1,691

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

10,811 11,027 10,314 4,321 501 28 3,792

11,149 12,030 10,535 6,012 501 28 5,483

3,745 -2,453 476 547

3,126 -1,222 857 -723

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Other Reserves of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

Harper's Home Mix Ltd Company Number: 02737188

Dobles Lane Industrial Estate Holsworthy Devon EX22 6HL

Accounting Reference Date

30 June

Telephone: 01409 254300 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 2,578 277 250 203

M 3,169 480 454 355

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

1,702 1,476 1,826 1,738 1 25 1,712

2,309 2,225 2,091 1,975 1 32 1,941

912 -421 302 -6

1,189 -851 133 -10

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Share Premium Account of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

Hi-Peak Feeds Ltd Company Number: 01085959

Sheffield Road Killamarsh Derbyshire S21 1ED

Accounting Reference Date

30 April

Telephone: 0114 248 0608 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Revaluation Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

673 712 634 420 5 415 S S S S

S S S S S 798 723 1,099 733 5 196 532 S S S S

ÂŠ Simon Mounsey Ltd 2007

HST Feeds Ltd Company Number: 01067533

4th Avenue Weston Road Crewe Cheshire CW1 6BN

Accounting Reference Date

31 December

Telephone: 01270 500300 2004

2005

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 2,004 303 292 230

M 2,028 309 280 219

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

1,531 1,523 1,869 1,046 92 446 474 34

1,482 1,228 2,318 1,513 92 627 761 34

623 1 491 -152

123 -21 35 -81

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Revaluation Reserve of which: Profit & Loss Account of which: Capital Redemption Reserve

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

I 'Anson Bros Ltd Company Number: 00462656

The Mill Thorpe Road Masham North Yorkshire HG4 4JB

Accounting Reference Date

30 June

Telephone: 01765 689332 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 3,284 726 1,033 812

M 3,868 833 878 670

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

6,532 1,236 8,074 7,648 300 7,348

7,362 1,696 8,628 8,218 300 7,918

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

FRS1 FRS1 FRS1 FRS1

J E Porter Ltd Company Number: 01889043

Lowfields Navenby Lincoln LN5 0LN Lincolnshire

Accounting Reference Date

31 March

Telephone: 01522 810478 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

50,885 4,357 719 117 79

59,364 5,470 1,753 1,189 832

Current Assets Current Liabilities T t l Assets Total A t less l Current C t Li Liabilities biliti Shareholders' Equity

11,682 5,324 11 11,321 321 2,766 0 2,766

13,426 10,847 7 7,882 882 3,597 0 3,597

2,427 77 1,901 -760

1,642 -1,631 -656 449

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

J Stobart & Sons Ltd Company Number: 00783738

Newlands Mill Hesket Newmarket Wigton Cumbria CA7 8HP

Accounting Reference Date

31 December

Telephone: 01697 478261 2004

2005

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 2,645 591 750 542

Current Assets Current Liabilities T t l Assets Total A t less l Current C t Li Liabilities biliti Shareholders' Equity

9,510 2,951 8 8,553 553 8,404 36 8,364 4

10,175 3,149 8 8,967 967 8,823 36 8,783 4

1,650 -84 1,530 -384

445 -85 331 236

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account of which: Capital Redemption Reserve

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

M 2,456 361 569 419

ÂŠ Simon Mounsey Ltd 2007

John Loader (Wessex) Ltd Company Number: 03681136

Badminton Horse Feeds Ltd Station Mill Fordingbridge Hampshire SP6 1BY

Accounting Reference Date

31 July

Telephone: 01425 658450 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

4,917 1,186 -33 -41 -31

4,806 1,122 -39 -38 -36

853 421 913 907 600 307

939 456 871 871 600 271

FRS1 FRS1 FRS1 FRS1

Jubilee Milling Ltd Company Number: 01796519

Jubilee Mill Murton Lane Murton York North Yorkshire YO19 5UT

Accounting Reference Date

30 April

Telephone: 01904 488200 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities T t l Assets Total A t less l Current C t Li Liabilities biliti Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

11,402 373 98 93 75

10,282 288 81 81 65

1,351 1,151 200 200 10 190

1,303 1,137 166 166 10 156

129 107 -

112 -3 -

ÂŠ Simon Mounsey Ltd 2007

Lloyds (Animal) Feeds Ltd Company Number: 00820148

Moreton Oswestry Shropshire SY10 8BH

Accounting Reference Date

31 March

Telephone: 01691 830741 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

128,902 25,689 5,898 7,432 5,184

129,686 26,478 5,871 8,265 6,159

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

47,034 18,457 54,021 48,017 10 2,325 45,682

49,207 17,813 60,108 53,415 10 1,945 51,460

6,473 -4,030 2,412 2,656

6,484 -3,636 710 -557

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Revaluation Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

Lloyds Animal Feeds (Southern) Ltd Company Number: 03606615

Westover Trading Estate Langport Somerset TA10 9RB

Accounting Reference Date

31 March

Telephone: 01458 251170 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

1,539 959 580 580 250 330 S S S S

S S S S S 1,540 915 625 625 250 375 S S S S

ÂŠ Simon Mounsey Ltd 2007

Lloyds Animal Feeds (Western) Ltd Company Number: 03819415

Wrexham Mill Bridge Road North Wrexham Industrial Estate Wrexham LL13 3PS

Accounting Reference Date

31 March

Telephone: 01978 660451 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 2,189 352 320 220

M 2,290 543 557 390

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

3,224 2,092 1,468 1,468 0 1,468

3,075 1,487 1,858 1,858 0 1,858

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

FRS1 FRS1 FRS1 FRS1

M E Waterhouse Ltd Company Number: 01877781

Station Mills Hampton Malpas Cheshire SY14 8JQ

Accounting Reference Date

31 May

Telephone: 01948 820444 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

825 203 1,513 1,488 200 1,288 S S S S

S S S S S 1,099 512 1,710 1,660 200 1,460 S S S S

ÂŠ Simon Mounsey Ltd 2007

Manor Farm Feeds Ltd Company Number: 03046514

Green Lane Owston Oakham Leicestershire LE15 8DH

Accounting Reference Date

31 July

Telephone: 01664 454256 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

S S S S S

642 429 213 213 1 212

586 374 212 212 1 210

FRS1 FRS1 FRS1 FRS1

Massey Brothers (Feeds) Ltd Company Number: 00581091

Holmes Chapel Mill Holmes Chapel Crewe Cheshire CW4 8EE

Accounting Reference Date

30 June

Telephone: 01477 536300 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 5,241 352 247 184

M 5,873 171 70 19

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

3,429 1,967 6,039 4,440 153 4,287

3,871 2,297 5,980 4,457 153 4,304

1,293 -341 812 23

444 -461 -192 -123

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

Mole Valley Farmers Ltd Company Number: 00679848

Station Road South Molton Devon EX36 3BH

Accounting Reference Date

30 September

Telephone: 01769 573431 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

145,290 24,548 2,289 2,012 1,304

166,239 28,455 2,631 2,158 1,878

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

25,759 21,039 26,945 20,532 1,809 185 6 15,875 2,657

28,849 22,847 27,897 22,672 2,057 196 9 17,753 2,657

2,229 -10,048 -8,611 4,590

5,135 -2,042 2,158 -655

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Share Premium Account of which: Capital Redemption Reserve of which: Profit & Loss Account of which: Members' Loan Capital

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

Moores Animal Feeds Ltd Company Number: NI020611

116 Carnalbanagh Road Broughshane Ballymena Co Antrim BT42 4NT

Accounting Reference Date

30 April

Telephone: 028 2568 4521 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

M 785 143 204 164

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

M 868 137 212 167

2,364 220 3,165 3,098 300 2,798

2,560 270 3,176 3,115 300 2,815

268 -19 152 0

387 -75 182 0

Source: Companies Registry, Northern Ireland Department of Enterprise, Trade and Industry

ÂŠ Simon Mounsey Ltd 2007

NWF Agriculture Ltd Company Number: 01117234

Wardle Nantwich Cheshire CW5 6AQ

Accounting Reference Date

31 May

Telephone: 0800 262397 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

48,370 6,425 1,920 1,599 1,181

71,352 9,349 1,741 1,303 866

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

9,087 11,911 5,876 3,912 3,912

15,361 18,638 5,562 4,278 4,278

FRS1 FRS1 FRS1 FRS1

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

Oakes Millers Ltd Company Number: 00333467

Wheelock Mills Sandbach Cheshire CW11 0QS

Accounting Reference Date

31 August

Telephone: 01270 782222 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Capital Reserve of which: Other Reserves of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

28,135 7,020 306 149 110

34,246 8,746 428 305 164

4,059 4,149 1,987 1,063 33 330 0 700

5,138 5,269 2,090 1,227 33 330 0 865

447 -515 -247 -100

882 -500 231 -135

ÂŠ Simon Mounsey Ltd 2007

Pen Mill Feeds Ltd Company Number: 02691453

Babylon View Pen Mill Trading Estate Yeovil Somerset BA21 5HR

Accounting Reference Date

25 September

Telephone: 01935 432299 2005 (*)

2006

(**)

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

8,261 1,622 241 144 75

8,502 1,398 120 30 12

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

1,072 1,409 995 941 1 60 880

1,830 1,990 1,438 953 1 60 892

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Share Premium Account of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

FRS1 FRS1 FRS1 FRS1

(*) Covering the period 1 June 2004 - 24 September 2005; (**) Year ended 30 September 2006

Premier Nutrition Products Ltd Company Number: 02595515

Brereton Business Park The Levels Rugeley Staffordshire WS15 1RD

Accounting Reference Date

30 June

Telephone: 01889 572500 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 4,115 1,370 1,318 907

M 4,128 1,040 1,010 708

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

6,130 4,808 3,037 2,536 33 2,503

6,284 5,337 2,903 2,411 33 2,377

1,154 -399 198 381

2,170 -421 554 -32

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

Primary Diets Ltd Company Number: 03047205

Melmerby Green Lane Melmerby Ripon North Yorkshire HG4 5HP

Accounting Reference Date

15 September

Telephone: 01765 640336 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Retained Profit for the Year Current Assets Current Liabilities Total Assets less Current Laibilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Capital Redemption Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

14,310 1,945 967 1,010 700

13,151 1,753 766 804 572

2,239 1,332 1,263 1,232 47 25 1,160

2,928 1,397 1,843 1,804 47 25 1,732

FRS1 FRS1 FRS1 FRS1

Protein Feeds Ltd Company Number: 01476247

Yoxford Road Westleton Saxmundham Suffolk IP17 3AF

Accounting Reference Date

31 March

Telephone: 01728 668515 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

4,098 115 104 82 32

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

S S S S S

689 314 615 470 20 450

868 497 625 447 20 427

FRS1 FRS1 FRS1 FRS1

Provimi Ltd Company Number: 01262691

SCA Mill Dalton Airfield Industrial Estate Dalton Thirsk North Yorkshire YO7 3HE

Accounting Reference Date

31 December

Telephone: 01845 578125 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

28,528 4,018 -1,083 -1,184 -1,259

30,874 4,865 -31 -96 -28

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

17,443 4,409 16,870 163 1 328 -166 0

13,371 5,766 11,139 5,542 5,001 328 213 0

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Revaluation Reserve of which: Profit & Loss Account of which: Capital Redemption Reserve

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

FRS1 FRS1 FRS1 FRS1

Riverside Feeds Ltd Company Number: 03154758

Crawley Farm Yarcombe Honiton EX14 9AY

Accounting Reference Date

31 March

Telephone: 01460 68520 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Share Premium Account of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

1,097 1,128 241 147 0 10 137 S S S S

S S S S S 910 901 204 148 0 10 138 S S S S

ÂŠ Simon Mounsey Ltd 2007

Rumenco Ltd Company Number: 04016333

Stretton House Derby Road Burton-on-Trent Staffordshire DE13 0DW

Accounting Reference Date

30 June

Telephone: 01283 511211 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Capital Redemption Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

15,798 3,973 165 63 63

15,056 3,655 43 -99 -59

3,364 2,802 3,334 2,001 1,600 70 331

3,406 3,491 2,498 1,955 1,600 70 285

308 -164 -26 -258

18 -69 -179 -17

ÂŠ Simon Mounsey Ltd 2007

Scotts Feeds Ltd Company Number: NI025752

Excelsior Mills 9 Mountjoy Road Omagh County Tyrone BT79 7AG

Accounting Reference Date

30 September

Telephone: 028 8224 3221 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

17,535 3,100 887 639 415

17,925 2,668 380 189 120

3,401 2,100 4,047 1,158 500 658

3,611 2,672 3,800 1,301 500 801

FRS1 FRS1 FRS1 FRS1

Source: Companies Registry, Northern Ireland Department of Enterprise, Trade and Industry

Southern Valley Feeds Ltd Company Number: 05246861

Spry Mill Lifton Devon PL16 0BA

Accounting Reference Date

30 September

Telephone: 01566 780200 2005 (Seven Months)

2006

£ (Thousands)

Cash Cash Cash Cash

Flow Flow Flow Flow

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

15,959 2,259 47 -78 -140

28,734 3,847 144 -100 -186

4,699 4,204 8,128 7,610 7,750 -140

5,630 5,237 7,884 7,424 7,750 -326

FRS1 FRS1 FRS1 FRS1

Tithebarn Ltd Company Number: 00300375

Winsford Industrial Estate Winsford Cheshire CW7 3PG

Accounting Reference Date

31 July

Telephone: 01606 595000 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

6,195 3,099 324 343 233

6,266 3,058 176 188 122

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

2,208 719 2,610 2,539 3 2 2,534

2,473 812 2,727 2,661 3 2 2,655

-22 -38 -416 0

607 -50 460 0

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Other Reserves of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

United Feeds Ltd Company Number: NI038000

8 Northern Road Belfast Harbour Estate Belfast Co Antrim BT3 9AL

Accounting Reference Date

30 September

Telephone: 028 9075 9000 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

M 2,074 476 370 256

M 2,088 589 531 383

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

3,855 2,571 3,527 3,376 3,112 325 -61

4,017 1,927 4,032 3,046 2,400 325 321

960 -129 725 0

1,169 -130 981 0

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Share Premium Account of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

Source: Companies Registry, Northern Ireland Department of Enterprise, Trade and Industry

ÂŠ Simon Mounsey Ltd 2007

W & H Marriage & Sons Ltd Company Number: 00690479

Chelmer Mills New Street Chelmsford Essex CM1 1PN

Accounting Reference Date

30 April

Telephone: 01245 354455 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Share Premium Account of which: Capital Redemption Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

14,847 7,069 1,198 1,272 893

14,739 7,425 -131 -101 -79

6,980 1,095 7,135 6,924 44 4 2 6,874

6,549 1,038 7,106 6,372 44 4 2 6,323

1,337 -522 796 0

381 -1,002 -741 0

ÂŠ Simon Mounsey Ltd 2007

W E Jameson & Son Ltd Company Number: 00651738

Leyburn Road Masham Ripon North Yorkshire HG4 4ER

Accounting Reference Date

30 June

Telephone: 01765 689666 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

7,719 952 11 74 62

8,343 974 17 89 67

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

3,364 777 3,381 3,376 60 3,316

3,446 923 3,464 3,443 60 3,383

54 -72 23 0

-2 -265 -215 0

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

W L Duffield & Sons Ltd Company Number: 00320320

Saxlingham Thorpe Mill Saxlingham Thorpe Norwich Norfolk NR15 1TY

Accounting Reference Date

30 September

Telephone: 01508 470661 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Revaluation Reserve of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

16,655 1,785 -249 -267 -239

16,952 2,159 42 28 -8

3,270 3,478 5,513 3,057 29 243 2,785

3,779 3,390 5,675 3,046 26 213 2,807

FRS1 FRS1 FRS1 FRS1

Welsh Feed Producers Ltd Company Number:

Llysonnen Mill Llysonnen Road Travellers Rest Carmarthen Dyfed SA31 3SG

Accounting Reference Date

30 September

Telephone: 01267 231341 2005

2006

£ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

S S S S S

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

1,301 773 2,017 91 300 -209 FRS1 FRS1 FRS1 FRS1

S S S S S 2,146 1,453 2,145 244 300 -56 FRS1 FRS1 FRS1 FRS1

Wm Lillico & Son Ltd Company Number: 00332458

The Forstal Beddow Way Aylesford Kent ME20 7BT

Accounting Reference Date

31 March

Telephone: 01622 718062 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Profit & Loss Account

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

20,414 4,987 -983 -841 -614

19,010 5,306 -205 70 41

5,065 1,993 7,320 6,775 90 6,685

4,932 1,977 7,312 6,623 80 6,543

-111 -640 -619 0

-178 -327 -406 0

ÂŠ Simon Mounsey Ltd 2007

Wynnstay Group Plc Company Number: 02704051

Eagle House Llansantffraid Powys SY22 6AQ

Accounting Reference Date

31 October

Telephone: 01691 828512 2005

2006

ÂŁ (Thousands)

Sales Gross Profit Operating Profit Pre-tax Profit Profit after Taxation

100,806 18,324 2,777 2,869 1,995

110,883 19,489 2,737 2,534 1,870

Current Assets Current Liabilities Total Assets less Current Liabilities Shareholders' Equity

29,088 18,716 24,405 23,621 2,438 4,253 1,582 12,195 3,153

32,996 22,363 27,851 25,262 2,867 7,673 1,582 13,140 -

3,483 -1,294 987 -216

2,611 -6,113 -4,922 2,789

Net Net Net Net

Cash Cash Cash Cash

Flow Flow Flow Flow

of which: Called-up Share Capital of which: Share Premium Account of which: Other Reserves of which: Profit & Loss Account of which: Loanstock Redemption Reserve

from Operating Activities for Capital Expenditure and Acquisitions Before Management of Liquid Resources and Financing from Financing

ÂŠ Simon Mounsey Ltd 2007

Feed Manufacturing Units in the UK by Numbers Employed

Numbers of Employees

1-4

5-9

10 - 19

20 - 49

50 - 99

100 - 199

Total

Number of Businesses by Employee Sizeband 1998

330

565

1999

335

570

2000

300

525

2001

295

105

520

2002

275

100

480

2003

185

100

475

2004

180

465

2005

170

100

450

2006

165

445

2007

145

440

Source: Size Analysis of UK Businesses and UK Business: Activity, Size and Location (after 2005) ÂŠ Simon Mounsey Ltd 2007

Breakdown of UK Feed Manufacturing Businesses by Turnover

Turnover (ÂŁ)

Under 50,000

50,00099,999

100,000249,999

250,000499,999

500,000999,999

1,000,0004,999,999

Over 5,000,000

Total

Number of Businesses by Turnover Sizeband 1998

405

1999

395

2000

375

2001

365

2002

340

2003

320

2004

315

2005

300

2006

270

2007

260

Source: Size Analysis of UK Businesses and UK Business: Activity, Size and Location (after 2005) ÂŠ Simon Mounsey Ltd 2007

Volumes of Purchased Feedingstuffs in the UK

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Volumes used on UK Farms (Thousand Tonnes) Cattle compounds

4,230

4,124

4,406

4,384

4,181

4,609

10.2

180

177

193

200

185

0.0

Pig compounds

1,970

1,802

1,560

1,619

1,586

1,630

2.8

Poultry compounds

3,243

3,456

3,337

3,373

3,267

3,107

-4.9

704

627

692

722

704

845

20.0

10,327

10,186

10,188

10,298

9,923

10,376

4.6

7,080

6,417

7,129

7,219

8,284

6,646

-19.8

525

n.c.

3,000

3,170

3,351

3,454

3,241

3,514

8.4

20,932

20,298

21,193

21,496

21,973

21,061

-4.2

49.3

50.2

48.1

47.9

45.2

49.3

Compounds for calves

Other compounds Total compounds sold direct to livestock farmers Straight Feeds Non-concentrates (expressed as bulk equivalents) Feeds Purchased from Other Farms Total Volume of Purchased Feedingstuffs Compounds as Percentage of Total Purchases by Volume

Source: Agriculture in the United Kingdom (2006 edition) ÂŠ Simon Mounsey Ltd 2007

Value of Purchased Feedingstuffs in the UK

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Cost to UK Farmers (£ million) Compounds

1,398

1,377

1,348

1,450

1,321

1,436

8.7

Straight Feeds

761

654

774

804

836

717

-14.2

Feeds Purchased from Other Farms

208

192

250

264

234

269

15.1

2,367

2,223

2,372

2,517

2,391

2,423

1.3

Average Cost of Compounds (£/tonne)

137

134

142

134

138

2.3

Average Cost of Straight Feeds (£/tonne)

107

102

109

111

101

108

7.0

Total Cost Compounds as Percentage of Total Purchases by Value

Source: Agriculture in the United Kingdom (2006 edition) © Simon Mounsey Ltd 2007

Compound Feed Output in the United Kingdom

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Calf Feeds

507

281

190

187

185

200

186

190

2.4

Cattle Feeds

5,443

4,491

4,087

4,380

4,272

4,559

4,466

4,264

4,580

7.4

Cattle & Calf Feeds

5,950

4,773

4,277

4,567

4,457

4,759

4,666

4,450

4,770

7.2

Total Pig Feed

2,307

2,567

2,135

1,989

1,837

1,593

1,648

1,613

1,671

3.6

Total Poultry Feed

3,534

3,304

3,086

3,267

3,476

3,358

3,375

3,269

3,113

-4.8

Sheep & Lamb Feed

248

760

743

718

643

708

732

716

819

14.3

All Other Feeds (including grain livestock mixtures)

420

733

749

723

725

738

752

714

722

1.1

12,459

12,137

10,990

11,264

11,139

11,156

11,172

10,762

11,095

3.1

Total Compounds

Percentage of Product Group Calf Feeds

4.1

2.3

1.7

1.8

1.7

Cattle Feeds

43.7

37.0

37.2

38.9

38.4

40.9

40.0

39.6

41.3

Cattle & Calf Feeds

47.8

39.3

38.9

40.5

40.0

42.7

41.8

41.3

43.0

Total Pig Feed

18.5

21.2

19.4

17.7

16.5

14.3

14.7

15.0

15.1

Total Poultry Feed

28.4

27.2

28.1

29.0

31.2

30.1

30.2

30.4

28.1

Sheep & Lamb Feed

2.0

6.3

6.8

6.4

5.8

6.3

6.5

6.7

7.4

All Other Feeds (including grain livestock mixtures)

3.4

6.0

6.8

6.4

6.5

6.6

6.7

6.6

6.5

100

Total Compounds Source: DEFRA & DARDNI Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Great Britain

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Calf Feeds

452

238

156

148

141

155

146

150

2.9

Cattle Feeds

4,982

3,874

3,431

3,651

3,460

3,676

3,593

3,363

3,642

8.3

Cattle & Calf Feeds

5,434

4,113

3,587

3,798

3,602

3,831

3,748

3,509

3,791

8.0

Total Pig Feed

2,049

2,337

1,983

1,858

1,703

1,459

1,520

1,490

1,542

3.4

Total Poultry Feed

3,135

2,579

2,726

2,920

2,771

2,751

2,632

2,487

-5.5

Sheep & Lamb Feed

237

704

678

654

578

644

668

655

754

15.0

All Other Feeds (including grain livestock mixtures)

418

694

698

672

659

654

673

643

644

0.1

11,273

10,427

9,525

9,708

9,462

9,359

9,360

8,930

9,218

3.2

Total Compounds

Percentage of Product Group Calf Feeds

4.0

2.3

1.6

1.5

1.7

1.6

Cattle Feeds

44.2

37.2

36.0

37.6

36.6

39.3

38.4

37.7

39.5

Cattle & Calf Feeds

48.2

39.4

37.7

39.1

38.1

40.9

40.0

39.3

41.1

Total Pig Feed

18.2

22.4

20.8

19.1

18.0

15.6

16.2

16.7

Total Poultry Feed

27.8

24.7

27.1

28.1

30.9

29.6

29.4

29.5

27.0

Sheep & Lamb Feed

2.1

6.7

7.1

6.7

6.1

6.9

7.1

7.3

8.2

All Other Feeds (including grain livestock mixtures)

3.7

6.7

7.3

6.9

7.0

7.2

7.0

100

Total Compounds Source: DEFRA (MAFF) Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Northern Ireland

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Calf Feeds

0.7

Cattle Feeds

461

617

656

729

812

883

873

901

938

4.2

Cattle & Calf Feeds

516

660

690

768

855

928

918

941

978

4.0

Total Pig Feed

258

230

152

131

133

134

128

122

130

5.8

Total Poultry Feed

399

542

507

542

556

587

624

636

626

-1.6

6.6

10.1

1,187

1,527

1,465

1,556

1,676

1,797

1,813

1,831

1,877

2.5

Sheep & Lamb Feed All Other Feeds (including grain livestock mixtures) Total Compounds

Percentage of Product Group Calf Feeds

4.6

2.8

2.4

2.5

2.6

2.5

2.2

2.1

Cattle Feeds

38.8

40.4

44.7

46.9

48.4

49.1

48.1

49.2

50.0

Cattle & Calf Feeds

43.5

43.2

47.1

49.4

51.0

51.7

50.6

51.4

52.1

Total Pig Feed

21.8

15.0

10.4

8.4

7.9

7.4

7.0

6.7

6.9

Total Poultry Feed

33.6

35.5

34.6

34.8

33.2

32.6

34.5

34.7

33.4

Sheep & Lamb Feed

1.0

3.7

4.5

4.1

3.9

3.6

3.5

3.3

3.5

All Other Feeds (including grain livestock mixtures)

0.2

2.6

3.5

3.3

4.0

4.7

4.3

3.9

4.2

100

Total Compounds Source: DARDNI Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Cattle & Calf Feed in Great Britain

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

n.a.

Thousand Tonnes Calf Milk Replacers

Other Calf Feeds

424

222

144

135

129

139

141

131

TOTAL CALF FEEDS

452

238

156

148

141

155

146

150

2.9

2,530

2,494

2,441

2,334

2,393

2,255

2,107

2,170

3.0

242

222

240

250

312

323

338

471

39.3

757

678

671

605

665

711

623

645

3.6

234

211

206

191

227

226

219

287

31.0

137

111

-10.0

4,982

3,874

3,691

3,651

3,460

3,676

3,593

3,363

3,642

8.3

5,434

4,113

3,847

3,798

3,602

3,831

3,748

3,509

3,791

8.0

Dairy Compounds Dairy Blends Other Adult Cattle Compounds

4,148

696

Other Adult Cattle Blends Protein Concentrates Total Cattle Feeds TOTAL CATTLE & CALF FEEDS

Percentage of Product Group Calf Milk Replacers

0.5

0.4

0.3

0.4

Other Calf Feeds

7.8

5.4

3.8

3.6

3.8

3.7

TOTAL CALF FEEDS

8.3

5.8

4.0

3.9

4.0

4.1

4.0

61.5

64.8

64.3

64.8

62.5

60.2

60.1

57.2

5.9

5.8

6.3

6.9

8.1

8.6

9.6

12.4

18.4

17.6

17.7

16.8

17.4

19.0

17.7

17.0

5.7

5.5

5.4

5.3

5.9

6.0

6.2

7.6

2.5

2.7

2.2

2.4

2.3

2.1

2.2

1.8

Total Cattle Feeds

91.7

94.2

96.0

96.1

96.0

95.9

96.0

TOTAL CATTLE & CALF FEEDS

100

Dairy Compounds Dairy Blends Other Adult Cattle Compounds

76.3

12.8

Other Adult Cattle Blends Protein Concentrates

n.a.

Source: DEFRA Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Pig Feeds in Great Britain

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Pig Starters & Creep Feed

177

156

-12.3

8.3

428

407

360

312

328

324

356

9.8

895

828

757

695

569

616

591

599

1.4

627

687

559

535

483

427

419

405

421

3.9

17.2

2,049

2,337

1,983

1,858

1,703

1,459

1,520

1,490

1,542

3.4

Link/Early Grower Feed 560 Pig Growing Feed

1,148

Pig Finishing Feed Pig Breeding Feed Protein Concentrates TOTAL PIG FEED

Percentage of Product Group Pig Starters & Creep Feed

8.6

6.7

4.7

4.5

5.1

5.2

5.6

6.5

5.5

2.6

3.1

3.4

3.8

3.7

3.9

4.0

21.6

21.9

21.2

21.4

21.6

21.8

23.1

38.3

41.8

40.8

39.0

40.5

39.6

38.8

30.6

29.4

28.2

28.8

28.4

29.3

27.5

27.2

27.3

4.7

1.7

1.1

1.0

1.2

1.4

1.1

1.2

100

Link/Early Grower Feed 23.9 Pig Growing Feed

56.0

Pig Finishing Feed Pig Breeding Feed Protein Concentrates TOTAL PIG FEED Source: DEFRA Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Retail Poultry Feeds in Great Britain

1983

1996

2000

2001

2002

2003

2004

2005

% Change 2005-2006

2006

Thousand Tonnes Chick Rearing Feed

n.a.

115

121

119

118

113

122

120

108

-10.3

Layer Feed

1,213

759

808

794

808

813

851

870

877

0.8

Broiler Chicken Feed

1,244

917

835

962

1,053

1,001

931

889

790

-11.2

Poultry Breeding & Rearing Feed

n.a.

199

211

224

253

241

245

243

248

1.9

Turkey Feed

451

509

347

356

395

323

321

230

174

-24.1

All Other Poultry Feed

186

255

253

268

291

276

278

277

287

3.5

21.3

3,135

2,761

2,579

2,726

2,920

2,771

2,751

2,632

2,487

-5.5

Protein Concentrates TOTAL RETAIL POULTRY FEED

Percentage of Product Group Chick Rearing Feed

n.a.

4.2

4.7

4.4

4.1

4.4

4.6

4.3

Layer Feed

38.7

27.5

31.3

29.1

27.7

29.3

31.0

33.0

35.3

Broiler Chicken Feed

39.7

33.2

32.4

35.3

36.1

33.9

33.8

31.8

Poultry Breeding & Rearing Feed

n.a.

7.2

8.2

8.7

8.9

9.2

10.0

Turkey Feed

14.4

18.4

13.4

13.1

13.5

11.7

8.7

7.0

All Other Poultry Feed

5.9

9.2

9.8

10.0

10.1

10.5

11.5

Protein Concentrates

1.3

0.3

0.2

0.1

100

TOTAL RETAIL POULTRY FEED Source: DEFRA Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Sheep Feeds in Great Britain

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Compounds for breeding sheep

395

355

367

292

310

350

341

374

9.6

20.5

214

237

218

199

259

244

242

290

19.7

Blends for growing and finishing

41.5

Protein Concentrates

-6.6

704

678

654

578

644

668

655

754

15.0

Blends for breeding sheep Compounds for growing and finishing

TOTAL SHEEP FEED

237

Percentage of Product Group Compounds for breeding sheep

56.2

52.3

56.2

50.6

48.2

52.4

52.1

49.6

6.9

4.5

3.6

4.0

3.6

4.2

4.3

4.5

30.4

35.0

33.3

34.4

40.2

36.5

36.9

38.4

Blends for growing and finishing

5.1

6.9

5.5

9.2

6.5

5.6

4.8

5.9

Protein Concentrates

1.5

1.4

1.5

1.9

1.6

1.4

1.9

1.5

100

Blends for breeding sheep Compounds for growing and finishing

TOTAL SHEEP FEED

100

Source: DEFRA Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Other Compounds & Lightly Processed Feedingstuffs in GB

1983

1996

2000

2001

2002

2003

2004

2005

% Change 2005-2006

2006

Thousand Tonnes Horse Feeds

168

182

178

179

191

198

189

187

-1.1

Compounds for Commercially Produced Fish, Game Birds, Zoo Animals and All Other Species not Elsewhere Included

117

318

307

304

311

308

326

302

307

1.5

TOTAL MISCELLANEOUS COMPOUNDS

202

487

489

483

490

499

524

491

493

0.5

Flaked Maize

-16.5

Other Maize Products

-6.3

Molassed Feedingstuffs

156

162

141

123

111

108

110

112

1.9

All Other Lightly Processed Feedingstuffs

128

207

209

190

168

156

149

152

151

-0.9

TOTAL LIGHTLY PROCESSED FEEDINGSTUFFS

216

391

396

361

322

298

286

293

291

-0.7

Percentage of Product Groups Horse Feeds

41.9

34.6

37.1

37.0

36.5

38.2

37.7

38.5

37.9

Compounds for Commercially Produced Fish, Game Birds, Zoo Animals and All Other Species not Elsewhere Included

58.1

65.4

62.9

63.0

63.5

61.8

62.3

61.5

62.1

100

Flaked Maize

17.4

1.6

2.2

1.9

2.1

2.5

2.8

3.1

2.6

Other Maize Products

15.5

5.3

4.2

6.6

7.4

8.0

7.3

7.4

7.0

8.0

40.0

40.8

39.1

38.2

37.2

37.7

37.6

38.6

All Other Lightly Processed Feedingstuffs

59.1

53.1

52.8

52.5

52.3

51.9

51.8

TOTAL LIGHTLY PROCESSED FEEDINGSTUFFS

100

TOTAL MISCELLANEOUS COMPOUNDS

Molassed Feedingstuffs

Source: DEFRA Monthly Survey

ÂŠ Simon Mounsey Ltd 2007

Share of Compound Feed Produced by Product and Company Type

Independent Compounders

National and Farmer Controlled Compounders

2004

Independent Compounders

National and Farmer Controlled Compounders

2005

Independent Compounders

National and Farmer Controlled Compounders

2006

CATTLE & CALF FEEDS

65.3

34.7

60.6

39.4

59.7

40.3

Non-CMR Calf Feeds

72.5

27.5

69.1

30.9

67.9

32.1

Dairy Compounds

63.4

36.6

58.3

41.7

57.8

42.2

All other Cattle Compounds

69.7

30.3

66.2

33.8

64.2

35.8

PIG FEEDS

22.2

77.8

20.7

79.3

23.1

76.9

Pig Starters & Creeps

45.9

54.1

47.6

52.4

63.6

36.4

Link/Early Grower Feeds

45.3

54.7

45.8

54.2

54.3

45.7

Grower Feeds

25.5

74.5

22.0

78.0

24.9

75.1

Finisher Feeds

18.7

78.9

18.2

81.8

19.4

80.6

Breeding Feeds

17.1

82.9

13.3

86.7

14.3

85.7

POULTRY FEEDS

21.6

78.4

19.8

80.2

19.2

80.8

Chick Rearing Feeds

22.9

77.1

19.5

80.5

17.7

82.3

Layer Feeds

20.8

79.2

17.9

82.1

16.9

83.1

Breeding & Rearing Feeds

16.3

83.7

15.9

84.1

15.6

84.4

Broiler, Turkey and all other Poultry Feeds

22.8

77.2

21.6

78.4

21.6

78.4

SHEEP FEED

69.3

30.9

65.7

34.3

56.6

43.4

Breeding Sheep Compounds

68.6

31.4

63.6

36.4

60.0

40.0

Grower/Finisher Compounds

69.8

30.2

68.7

31.3

52.1

47.9

Horse Feeds

29.4

70.6

29.6

70.4

33.7

66.3

Other Compounds, Concentrates & Blends

66.2

33.8

67.2

32.8

70.1

29.9

TOTAL COMPOUNDS, CONCENTRATES & BLENDS

44.9

55.1

42.3

57.7

43.6

56.4

Other Processed Feeds in Straight Form

75.5

24.5

76.3

23.7

86.5

13.5

Source: DEFRA voluntary Survey

ÂŠ Simon Mounsey Ltd 2007

Compound Production, Prices and Gross Revenue in Great Britain

January - June 2002

2003

2004

2005

2006 2006

2007

Unit Change 2007 over 2006

Per Cent Change 2007 over 2006

Production (Thousand Tonnes) Cattle and Calf Feed

3,602

3,831

3,748

3,509

3,791

1,835

1,910

Pig Feed

1,703

1,459

1,520

1,491

1,542

746

778

Poultry Feed

2,920

2,771

2,751

2,632

2,487

1,206

1,215

578

643

668

656

754

507

485

-22

-4

8,803

8,704

8,686

8,288

8,574

4,295

4,387

Sheep Feed Total

Gross Revenue (£ million) Cattle and Calf Feed

466

480

495

445

485

232

259

Pig Feed

249

210

234

217

234

111

127

Poultry Feed

410

390

415

367

362

172

194

-2

1,202

1,162

1,233

1,112

1,177

582

646

Sheep Feed Total

Estimated Price per Tonne (£) Cattle and Calf Feed

129

125

132

127

128

127

135

Pig Feed

146

144

154

145

152

149

163

Poultry Feed

140

141

151

139

145

142

160

Sheep Feed

134

126

133

128

127

132

135

Total

137

133

142

134

137

136

147

Source: Derived from DEFRA Compound Production and Price Survey data. © Simon Mounsey Ltd 2007

Production of Cattle & Calf Feeds in Great Britain September - August

Thousand Tonnes

2005-2006

2006-2007

Proportion of Total Category

Change Tonnes Percentage

Total Calf Feeds

2005-2006

2006-2007

144.3

156.2

11.9

8.3

3.9

4.0

2,152.1

2,137.1

-15.0

-0.7

58.7

55.2

411.4

553.4

142.0

34.5

11.2

14.3

2,563.5

2,690.5

127.0

5.0

69.9

69.4

Other Cattle Compounds

626.6

675.5

48.9

7.8

17.1

17.4

Other Cattle Blends

263.5

286.0

22.4

8.5

7.2

7.4

Other Cattle Compounds and Blends

890.2

961.5

71.3

8.0

24.3

24.8

68.9

66.5

-2.4

-3.4

1.9

1.7

3,522.5

3,718.5

196.0

5.6

96.1

96.0

3,667

3,875

207.9

5.7

100

Dairy Compounds Dairy Blends Total Dairy Compounds and Blends

Protein Concentrates Total Cattle Feeds Total Cattle & Calf Compounds & Blends Source: DEFRA.

ÂŠ Simon Mounsey Ltd 2007

Production of Pig Feeds in Great Britain September - August

Thousand Tonnes

2005-2006

2006-2007

Proportion of Total Category

Change Tonnes Percentage

2005-2006

2006-2007

Pig Starters & Creep Feed

89.7

79.7

-10.1

-11.2

5.9

5.0

Link/Early Grower Feed

59.7

69.6

9.8

16.5

3.9

4.4

Pig Growing Feed

336.1

388.0

51.9

15.4

22.1

24.4

Pig Finishing Feed

600.0

615.7

15.7

2.6

39.4

38.8

Pig Breeding Feed

419.4

417.1

-2.3

-0.6

27.5

26.3

17.8

18.2

0.5

2.7

1.2

1.1

1,522.7

1,588.3

65.5

4.3

100

Protein Concentrates TOTAL PIG FEED Source: DEFRA Monthly Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Production of Retail Poultry Feeds in Great Britain September - August

Thousand Tonnes

2005-2006

2006-2007

Proportion of Total Category

Change Tonnes Percentage

2005-2006

2006-2007

Chick Rearing Feed

113.8

106.5

-7.3

-6.4

4.5

4.2

Layer Feed

872.0

885.7

13.7

1.6

34.5

35.2

Broiler Chicken Feed

823.1

793.9

-29.3

-3.6

32.6

31.6

Poultry Breeding & Rearing Feed

245.7

256.7

11.0

4.5

9.7

10.2

Turkey Feed

183.2

180.9

-2.3

-1.3

7.3

7.2

All Other Poultry Feed

285.2

287.3

2.1

0.7

11.3

11.4

2.2

2.0

-0.3

-11.3

0.1

2,525.4

2,513.0

-12.3

-0.5

100

Protein Concentrates TOTAL POULTRY FEED Source: DEFRA Monthly Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Production of Sheep Feeds in Great Britain September - August

Thousand Tonnes

2005-2006

2006-2007

Proportion of Total Category

Change Tonnes Percentage

Compounds for Breeding Sheep

2005-2006

2006-2007

375.8

335.0

-40.8

-10.9

50.2

47.9

33.7

33.3

-0.3

-0.9

4.5

4.8

284.6

269.1

-15.5

-5.5

38.1

38.5

Blends for Growing and Finishing

41.9

51.3

9.4

22.5

5.6

7.3

Protein Concentrates

12.0

10.6

-1.4

-11.7

1.6

1.5

748.0

699.3

-48.6

-6.5

100

Blends for Breeding Sheep Compounds for Growing and Finishing

TOTAL SHEEP FEED Source: DEFRA Monthly Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Other Compounds and Lightly Processed Feedingstuffs in GB September - August

Thousand Tonnes

2005-2006

2006-2007

Proportion of Total Category

Change Tonnes Percentage

2005-2006

2006-2007

Horse Feeds

187.2

189.1

1.8

1.0

37.9

36.2

Compounds for Commercially Produced Fish, Game Birds, Zoo Animals and All Other Species not Elsewhere Included

307.3

333.1

25.8

8.4

62.1

63.8

494.6

522.2

27.6

5.6

100

11.0

11.5

0.4

3.9

7.2

7.6

8.2

9.4

1.2

15.0

5.3

6.2

21.2

21.5

0.4

1.7

13.9

14.2

112.3

109.3

-2.9

-2.6

73.6

72.1

152.6

151.7

-0.9

-0.6

100

TOTAL MISCELLANEOUS FEEDS Flaked Maize Other Maize Products Molassed Feedingstuffs All Others TOTAL STRAIGHTS Source: DEFRA Monthly Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Production of Poultry Feedingstuffs in Great Britain September - August

Thousand Tonnes

2005-2006

2006-2007

Change

Share of Sector

Tonnes Percentage

2005-2006

2006-2007

Retail Producers Layer Feed

872.0

885.7

13.7

1.6

77.8

78.3

Broiler Chicken Feed

823.1

793.9

-29.3

-3.6

26.7

26.2

Poultry Breeding & Rearing Feed

245.7

256.7

11.0

4.5

64.8

65.2

Turkey Feed

183.2

180.9

-2.3

-1.3

57.8

56.9

2,124

2,117

-6.9

-0.3

41.4

41.6

Total Poultry Feeds

Integrated Producers Layer Feed

248.3

245.2

-3.1

-1.2

22.2

21.7

2,257.5

2,241.2

-16.3

-0.7

73.3

73.8

Poultry Breeding & Rearing Feed

133.6

137.1

3.5

2.6

35.2

34.8

Turkey Feed

133.6

137.1

3.5

2.6

42.2

43.1

3,005

2,978

-26.7

-0.9

58.6

58.4

Broiler Chicken Feed

Total Poultry Feeds Source: DEFRA Returns

ÂŠ Simon Mounsey Ltd 2007

Production of Cattle & Calf Feeds in Great Britain June - August

Thousand Tonnes

2006

2007 Tonnes

Total Calf Feeds

Proportion of Total Category

Change Percentage

2006

2007

31.3

32.1

0.8

2.6

3.8

3.9

509.8

490.0

-19.8

-3.9

61.9

59.5

94.5

110.6

16.1

17.1

11.5

13.4

Total Dairy Compounds and Blends

604.3

600.6

-3.7

-0.6

73.3

73.0

Other Cattle Compounds

121.5

127.5

6.0

4.9

14.7

15.5

54.1

51.6

-2.5

-4.6

6.6

6.3

175.6

179.1

3.5

2.0

21.3

21.8

12.9

11.5

-1.4

-11.0

1.6

1.4

792.8

791.2

-1.6

-0.2

96.2

96.1

824

823

-0.8

-0.1

100

Dairy Compounds Dairy Blends

Other Cattle Blends Other Cattle Compounds and Blends Protein Concentrates Total Cattle Feeds Total Cattle & Calf Compounds & Blends Source: DEFRA.

ÂŠ Simon Mounsey Ltd 2007

Production of Pig Feeds in Great Britain June - August

Thousand Tonnes

2006

Proportion of Total Category

Change

2007 Tonnes

Percentage

2006

2007

Pig Starters & Creep Feed

21.8

20.5

-1.3

-6.0

5.6

5.0

Link/Early Grower Feed

15.4

18.5

3.1

20.3

4.0

4.5

Pig Growing Feed

88.6

98.9

10.3

11.6

22.9

24.1

Pig Finishing Feed

150.9

162.3

11.4

7.6

39.1

39.6

Pig Breeding Feed

105.1

105.6

0.5

27.2

25.7

4.6

4.5

-0.1

-2.2

1.2

1.1

386.4

410.3

23.9

6.2

100

Protein Concentrates TOTAL PIG FEED Source: DEFRA Monthly Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Production of Retail Poultry Feeds in Great Britain June - August

Thousand Tonnes

2006

2007 Tonnes

Chick Rearing Feed

Proportion of Total Category

Change Percentage

2006

2007

27.7

29.8

2.1

7.5

4.1

4.3

Layer Feed

216.0

221.6

5.6

2.6

32.3

32.0

Broiler Chicken Feed

195.4

202.4

7.0

3.6

29.2

Poultry Breeding & Rearing Feed

62.2

65.9

3.7

6.0

9.3

9.5

Turkey Feed

40.5

45.6

5.1

12.6

6.1

6.6

126.5

127.5

1.0

0.8

18.9

18.4

0.6

0.5

-0.1

-15.0

0.1

668.9

693.4

24.5

3.7

100

All Other Poultry Feed Protein Concentrates TOTAL POULTRY FEED Source: DEFRA Monthly Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Production of Sheep Feeds in Great Britain June - August

Thousand Tonnes

2006

2007 Tonnes

Compounds for Breeding Sheep

Proportion of Total Category

Change Percentage

2006

2007

11.8

0.0

14.2

15.4

4.6

5.0

0.4

9.0

5.5

6.5

Compounds for Growing and Finishing

51.8

44.2

-7.6

-14.7

62.2

57.7

Blends for Growing and Finishing

12.9

13.6

0.7

5.3

15.5

17.8

2.2

2.0

-0.2

-7.0

2.6

2.7

83.2

76.5

-6.7

-8.0

100

Blends for Breeding Sheep

Protein Concentrates TOTAL SHEEP FEED Source: DEFRA Monthly Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Other Feeds and Lightly Processed Feedingstuffs in GB June - August

Thousand Tonnes

2006

Proportion of Total Category

Change

2007 Tonnes

Percentage

2006

2007

Horse Feeds

34.5

36.8

2.3

6.6

29.4

26.6

Compounds for Commercially Produced Fish, Game Birds, Zoo Animals and All Other Species not Elsewhere Included

82.8

101.3

18.5

22.3

70.6

73.4

117.4

138.1

20.7

17.7

100

Flaked Maize

2.2

2.9

0.7

31.8

6.5

8.0

Other Maize Products

1.8

2.1

0.3

16.7

5.3

5.8

Molassed Feedingstuffs

4.7

5.0

0.3

6.5

13.9

13.8

All Others

25.0

26.3

1.3

5.2

74.2

72.5

TOTAL STRAIGHTS

33.7

36.3

2.6

7.7

100

TOTAL MISCELLANEOUS FEEDS

Source: DEFRA Monthly Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Changes in Market Share April - June

Independent Compounders 2006

2007

National and Farmer Controlled Compounders 2006

2007

Percentage Change Minus sign indicates loss of market share by independents

CATTLE & CALF FEEDS

59.5

59.9

40.5

40.1

0.4

Non-CMR Calf Feeds

66.1

64.3

33.9

35.7

-1.8

Dairy Compounds

57.8

58.7

42.2

41.3

1.0

All other Cattle Compounds

64.6

63.1

35.4

36.9

-1.4

PIG FEEDS

21.2

24.2

78.8

75.8

3.0

Pig Starters & Creeps

62.0

63.7

38.0

36.3

1.7

Link/Early Grower Feeds

53.8

52.0

46.2

48.0

-1.8

Grower Feeds

21.7

27.6

78.3

72.4

6.0

Finisher Feeds

17.4

20.7

82.6

79.3

3.3

Breeding Feeds

13.3

13.4

86.7

86.6

0.1

POULTRY FEEDS

19.0

19.5

81.0

80.5

0.5

Chick Rearing Feeds

17.6

21.8

82.4

78.2

4.3

Layer Feeds

16.1

17.3

83.9

82.7

1.2

Breeding & Rearing Feeds

14.5

16.8

85.5

83.2

2.3

Broiler, Turkey and all other Poultry Feeds

21.7

21.4

78.3

78.6

-0.4

SHEEP FEED

55.2

55.0

44.8

45.0

-0.2

Breeding Sheep Compounds

62.2

62.4

37.8

37.6

0.2

Grower/Finisher Compounds

47.3

48.4

52.7

51.6

1.1

Horse Feeds

34.0

33.3

66.0

66.7

-0.7

Other Compounds, Concentrates & Blends

69.1

63.7

30.9

36.3

-5.5

TOTAL COMPOUNDS, CONCENTRATES & BLENDS

41.6

40.9

58.4

59.1

-0.7

Other Processed Feeds in Straight Form

85.5

83.7

14.5

16.3

-1.9

Source: DEFRA Monthly Survey ÂŠ Simon Mounsey Ltd 2007

Production of Poultry Feedingstuffs in Great Britain June - August

2006

2007

Change

Share of Sector

Tonnes Percentage

2006

2007

Retail Producers Layer Feed

216.0

221.6

5.6

2.6

78.7

78.5

Broiler Chicken Feed

195.4

202.4

7.0

3.6

25.8

26.7

Poultry Breeding & Rearing Feed

62.2

65.9

3.7

6.0

64.7

65.6

Turkey Feed

40.5

45.6

5.1

12.6

30.7

34.9

514.1

535.5

21.5

4.2

40.8

42.1

Total Poultry Feeds

Integrated Producers Layer Feed

58.4

60.7

2.3

3.9

21.3

21.5

563.3

555.9

-7.4

-1.3

74.2

73.3

Poultry Breeding & Rearing Feed

33.9

34.6

0.7

2.1

35.3

34.4

Turkey Feed

91.6

85.1

-6.5

-7.1

69.3

65.1

747.2

736.3

-10.9

-1.5

59.2

57.9

Broiler Chicken Feed

Total Poultry Feeds Source: DEFRA Returns

ÂŠ Simon Mounsey Ltd 2007

UK Milk Deliveries

Million Litres (Not Butterfat adjusted)

2006-2007 Monthly Deliveries

2007-08

Cumulative Deliveries

Monthly Deliveries

Cumulative Deliveries

Monthly Difference 2007-2008 Milk Year

Cumulative Difference 2007-2008 Milk year

April

1,191

1,204

May

1,275

2,466

1,258

2,462

-17

-4

June

1,178

3,644

1,147

3,609

-31

-35

July

1,155

4,799

1,098

4,707

-57

-92

August

1,103

5,903

1,064

5,771

-39

-131

September

1,059

6,962

n.a.

October

1,072

8,034

n.a.

November

1,032

9,066

n.a.

December

1,095

10,161

n.a.

January

1,130

11,290

n.a.

February

1,020

12,310

n.a.

March

1,170

13,481

n.a.

Source: Rural Payments Agency (via Milk Development Council)

ÂŠ Simon Mounsey Ltd 2007

Cattle & Calf Feeds in Northern Ireland

1983 1996 2000 2001 2002 2003 2004 2005 2006

% Change 2005-2006

Thousand Tonnes Calf Milk Replacers

-10.7

Other Calf Feeds

0.9

TOTAL CALF FEEDS

0.7

Beef Cattle Compounds

n.a.

163

167

177

208

231

197

192

-2.6

Dairy Cow Compounds

388

351

360

411

445

461

455

476

498

4.6

6.5

n.a.

119

130

141

169

159

183

201

9.6

9.1

Total Cattle Feeds

461

617

656

729

812

883

873

901

938

4.2

TOTAL CATTLE & CALF FEEDS

516

660

690

768

855

928

918

941

978

4.0

All Other Cattle Compounds Coarse Mixes or Blends Protein Concentrates

Percentage of Product Group Calf Milk Replacers

1.3

0.5

0.3

0.2

0.1

Other Calf Feeds

9.4

6.0

4.7

4.9

4.8

4.2

4.0

10.7

6.5

5.0

5.1

4.9

4.2

4.1

Beef Cattle Compounds

n.a.

24.7

24.2

23.0

24.3

24.8

25.2

21.0

19.6

Dairy Cow Compounds

75.3

53.3

52.2

53.5

52.0

49.6

50.6

50.9

All Other Cattle Compounds

13.2

1.8

0.9

1.5

1.9

2.4

4.1

4.2

n.a.

13.0

17.2

17.0

16.5

18.2

17.4

19.5

20.5

0.9

0.8

0.6

0.7

0.6

0.5

0.6

Total Cattle Feeds

89.3

93.5

95.0

94.9

95.1

95.8

95.9

TOTAL CATTLE & CALF FEEDS

100

TOTAL CALF FEEDS

Coarse Mixes or Blends Protein Concentrates

Source: DARDNI Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Pig Feeds in Northern Ireland

1983 1996 2000 2001 2002 2003 2004 2005 2006

% Change 2005-2006

Thousand Tonnes Pig starter and creep feed

-4.5

n.a.

24.1

-0.8

9.2

2.0

8.3

257

230

152

131

133

134

128

122

130

5.8

Pig link/early grower feed Pig growing feed

181

Pig finishing feed Pig breeding feed Protein concentrates TOTAL PIG

Percentage of Product Group Pig starter and creep feed

1.2

2.5

3.7

4.4

6.1

6.7

7.8

8.9

8.0

n.a.

12.5

12.2

10.1

9.0

10.6

28.6

21.0

19.0

19.7

19.9

19.6

19.9

18.7

39.5

39.8

41.0

42.7

43.9

43.7

41.2

42.5

28.1

27.9

23.0

23.2

21.5

20.6

19.8

21.0

20.2

0.4

1.5

0.0

0.1

0.0

100

Pig link/early grower feed Pig growing feed

70.3

Pig finishing feed Pig breeding feed Protein concentrates TOTAL PIG Source: DARDNI Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Poultry Feeds in Northern Ireland

1983 1996 2000 2001 2002 2003 2004 2005 2006

% Change 2005-2006

Thousand Tonnes Chick Rearing Feed

n.a.

3.9

Layer and Breeder Feed

174

180

182

181

172

181

170

173

2.1

Broiler Feed

187

264

249

242

248

236

248

285

315

10.4

102

-3.4

399

542

531

516

524

507

542

556

587

5.5

Turkey and Other Poultry Feed TOTAL POULTRY

Percentage of Product Group Chick Rearing Feed

n.a.

3.5

3.8

2.8

2.9

2.6

2.1

2.0

Layer and Breeder Feed

43.7

33.2

34.2

35.1

32.7

33.9

33.3

30.5

29.5

Broiler Feed

46.9

48.7

46.9

46.8

47.4

46.6

45.8

51.3

53.7

9.5

14.7

15.1

15.3

17.0

18.8

16.1

14.8

100

Turkey and Other Poultry Feed TOTAL POULTRY Source: DARDNI Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Sheep & Lamb Feeds in Northern Ireland

1983 1996 2000 2001 2002 2003 2004 2005 2006

% Change 2005-2006

Thousand Tonnes Breeding Sheep Compounds

15.2

-6.1

Coarse Mixes or Blends

19.0

Protein Concentrates

-12.7

6.6

Growing and Finishing Sheep Compounds

TOTAL SHEEP & LAMB FEEDS

Percentage of Product Group Breeding Sheep Compounds

59.5

39.8

44.8

38.6

41.3

42.1

36.5

39.4

33.5

46.2

42.0

40.8

37.9

37.8

43.8

38.6

Coarse Mixes or Blends

6.3

13.1

12.7

20.3

20.6

19.9

19.6

21.9

Protein Concentrates

0.8

0.9

0.5

0.3

0.2

0.1

100

Growing and Finishing Sheep Compounds

TOTAL SHEEP & LAMB FEEDS

100

Source: DARDNI Survey Returns ÂŠ Simon Mounsey Ltd 2007

Cattle & Calf Feeds and Lightly Processed Feedingstuffs in NI July - June

Thousand Tonnes

2005-2006 2006-2007

Tonnes Calf Milk Substitutes

Proportion of Total Category

Change

Percentage 2005-2006 2006-2007

0.8

0.7

-0.1

-7.5

0.1

Other Calf Compounds

39.2

42.2

3.0

7.6

4.1

4.2

Total Calf Feeds

40.0

42.9

2.9

7.3

4.2

4.3

Beef Cattle Compounds

193.2

200.9

7.7

4.0

20.1

20.2

Dairy Cow Compounds

483.7

500.6

17.0

3.5

50.4

50.3

43.7

36.5

-7.2

-16.5

4.6

3.7

192.7

209.7

17.1

8.9

20.1

21.1

6.6

5.5

-1.1

-16.6

0.7

0.6

919.8

953.3

33.5

3.6

95.8

95.7

959.8

996.2

36.4

3.8

100

43.5

42.8

-0.7

-1.7

59.1

54.8

2.5

2.7

0.2

8.0

3.3

3.4

Other

27.6

32.6

4.9

17.9

37.6

41.8

TOTAL LIGHTLY PROCESSED FEEDINGSTUFFS

73.6

78.0

4.4

6.0

100

All Other Cattle Compounds Coarse Mixes or Blends Protein concentrates Total Cattle TOTAL CATTLE & CALF Flaked maize and maize meal Flaked barley and barley meal

Source: DARDNI

ÂŠ Simon Mounsey Ltd 2007

Production of Pig Feeds in Northern Ireland July - June

Thousand Tonnes

2005-2006 2006-2007

Proportion of Total Category

Change Tonnes

Percentage 2005-2006 2006-2007

Pig starter and creep feed

10.7

10.4

-0.2

-2.2

8.6

7.6

Pig link/early grower feed

11.6

15.1

3.4

29.6

9.4

11.0

Pig growing feed

23.8

25.9

2.1

8.8

19.2

18.9

Pig finishing feed

52.2

57.9

5.8

11.1

42.0

42.3

Pig breeding feed

25.9

27.5

1.7

6.5

20.8

20.1

0.0

3.0

0.0

124.1

136.9

12.8

10.3

100

Protein concentrates TOTAL PIG Source: DARDNI Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Production of Poultry Feeds in Northern Ireland July - June

Thousand Tonnes

2005-2006 2006-2007

Tonnes Chick Rearing Feed

Proportion of Total Category

Change

Percentage 2005-2006 2006-2007

10.8

11.0

0.2

2.0

1.7

Layer and Breeder Feed

166.5

168.5

2.0

1.2

26.3

26.6

Broiler Feed

375.9

377.2

1.3

0.4

59.4

59.5

79.3

77.7

-1.6

-2.0

12.5

12.2

632.5

634.4

1.9

0.3

100

Turkey and Other Poultry Feed TOTAL POULTRY Source: DARDNI Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Production of Sheep & Lamb Feeds in Northern Ireland July - June

Thousand Tonnes

2005-2006 2006-2007

Proportion of Total Category

Change Tonnes

Percentage 2005-2006 2006-2007

Breeding Sheep Compounds

26.0

22.8

-3.2

-12.3

39.2

37.0

Growing and Finishing Sheep Compounds

24.8

25.0

0.3

1.1

37.3

40.5

Coarse Mixes or Blends

15.5

13.8

-1.7

-11.1

23.4

22.4

0.1

0.0

-6.1

0.1

66.4

61.8

-4.7

-7.0

100

Protein Concentrates TOTAL SHEEP & LAMB FEEDS Source: DARDNI Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Production of Cattle & Calf Feeds in Northern Ireland April - June

Thousand Tonnes

2006

2007

Proportion of Total Category

Change Tonnes Percentage

2006

2007

Calf Milk Substitutes

0.2

0.0

3.7

0.1

Other Calf Compounds

9.1

8.8

-0.3

-3.1

3.9

4.2

Total Calf Feeds

9.3

9.0

-0.3

-3.0

4.0

4.3

38.5

33.7

-4.7

-12.3

16.6

16.0

126.7

119.5

-7.2

-5.7

54.8

56.7

All Other Cattle Compounds

10.0

6.6

-3.4

-33.9

4.3

3.1

Coarse Mixes or Blends

45.3

40.5

-4.7

-10.4

19.6

19.2

1.5

1.4

-0.2

-10.8

0.7

222.0

201.7

-20.2

-9.1

96.0

95.7

TOTAL CATTLE & CALF FEEDS

231.3

210.8

-20.5

-8.9

100

Flaked Maize and Maize Meal

9.4

6.9

-2.6

-27.1

55.7

47.0

Flaked Barley and Barley Meal

0.6

0.0

-4.0

3.7

4.1

Other

6.9

7.2

0.3

4.5

40.5

48.9

16.9

14.7

-2.3

-13.4

100

Beef Cattle Compounds Dairy Cow Compounds

Protein Concentrates Total Cattle

TOTAL LIGHTLY PROCESSED FEEDINGSTUFFS Source: DARDNI

ÂŠ Simon Mounsey Ltd 2007

Production of Pig Feeds in Northern Ireland April - June

Thousand Tonnes

2006

2007

Proportion of Total Category

Change Tonnes Percentage

2006

2007

Pig Starter and Creep Feed

2.5

2.6

0.0

0.7

8.2

7.7

Pig Link/Early Grower Feed

3.1

3.7

0.6

17.7

10.1

11.0

Pig Growing Feed

5.8

6.2

0.3

5.9

18.8

18.5

Pig Finishing Feed

13.0

13.9

0.8

6.3

42.2

41.6

Pig Breeding Feed

6.4

7.1

0.7

11.2

20.6

21.3

Protein Concentrates

0.0

30.9

33.4

2.5

7.9

100

TOTAL PIG FEEDS Source: DARDNI Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Production of Poultry Feeds in Northern Ireland April - June

Thousand Tonnes

2006

2007

Proportion of Total Category

Change Tonnes Percentage

Chick Rearing Feed

2006

2007

2.9

2.5

-0.4

-15.0

1.9

1.6

Layer and Breeder Feed

40.7

41.3

0.6

1.6

26.5

26.9

Broiler Feed

95.0

93.6

-1.4

-1.5

61.9

60.9

Turkey and Other Poultry Feed

15.0

16.3

1.3

8.5

9.8

10.6

153.6

153.7

0.1

0.0

100

TOTAL POULTRY FEEDS Source: DARDNI Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Production of Sheep & Lamb Feeds in Northern Ireland April - June

Thousand Tonnes

2006

2007

Proportion of Total Category

Change Tonnes Percentage

2006

2007

Breeding Sheep Compounds

5.5

3.0

-2.5

-45.5

35.7

26.5

Growing and Finishing Sheep Compounds

5.7

5.1

-0.7

-11.5

37.4

45.0

Coarse Mixes or Blends

4.1

3.2

-0.9

-22.4

26.8

28.4

Protein Concentrates

0.0

0.1

15.3

11.2

-4.1

-26.6

100

TOTAL SHEEP & LAMB FEEDS Source: DARDNI Survey Returns

ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Feed Materials by Category - Great Britain

1983

1996

2000

2001

2002

2003

2004

2005

2006

Thousand Tonnes Cereals

4,866

3,611

3,397

3,542

3,590

3,475

3,528

3,481

3,490

945

1,730

1,666

1,680

1,754

1,779

1,742

1,572

1,577

1,837

2,731

2,492

2,596

2,316

2,323

2,304

2,217

2,402

106

140

164

165

127

119

158

By-Products of Vegetable Processing

521

772

633

589

530

574

624

565

600

Animal Derivatives and Fishmeal

425

232

177

171

159

145

135

130

126

2,485

1,439

1,085

1,077

1,053

1,018

1,003

961

985

11,169 10,620

9,590

9,795

9,568

9,477

9,462

9,044

9,339

By Products of Cereal Processing Oilseeds & Derivatives Pulses

All Other Materials TOTAL FEED MATERIALS

Percentage by Product Group Cereals

Pulses

By-Products of Vegetable Processing

Animal Derivatives and Fishmeal

100

By Products of Cereal Processing Oilseeds & Derivatives

All Other Materials TOTAL FEED MATERIALS Source: DEFRA

ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Cereals & Cereal By-Products in GB September - August 2005-2006 2006-2007 Thousand Tonnes

Proportion of All Feed Materials Used

Difference Tonnes

2005-2006 2006-2007

Wheat

2,822

2,739

-83

-2.9

30.6

29.0

Barley

547

671

124

22.7

5.9

7.1

Oats

53.6

0.3

0.5

Whole and Flaked Maize

17.7

0.9

1.0

3,481

3,551

2.0

37.7

37.6

-7

-24.1

0.3

0.2

Maize Gluten Feed

287

166

-121

-42.3

3.1

1.8

Wheat Feed

830

832

0.2

9.0

8.8

Other Cereals By-Products

198

227

14.7

2.1

2.4

Distillery By-Products

266

220

-47

-17.5

2.9

2.3

1,610

1,466

-144

-8.9

17.5

15.5

TOTAL CEREALS Rice Bran Extractions

CEREAL BY-PRODUCTS Source: DEFRA Monthly Survey

ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Oilseeds, Oilseed Derivatives and Pulses in GB September - August 2005-2006 2006-2007 Thousand Tonnes Whole Oilseeds

Proportion of All Feed Materials Used

Difference Tonnes

2005-2006 2006-2007

6.4

0.6

Oilseed Rape Cake and Meal

662

670

1.2

7.2

7.1

Soya Cake and Meal

908

1,035

126

13.9

9.8

11.0

Sunflower Cake and Meal

263

308

17.0

2.9

3.3

Other Oilseed Cake and Meal

422

446

5.9

4.6

4.7

2,308

2,515

207

9.0

25.0

26.7

103

107

3.7

1.1

6.8

0.4

140

146

4.5

1.5

TOTAL OILSEEDS & DERIVATIVES Field Beans Field Peas TOTAL PULSES Source: DEFRA Monthly Survey

ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Vegetable & Animal Processing Residues in GB September - August 2005-2006 2006-2007 Thousand Tonnes

Proportion of All Feed Materials Used

Difference Tonnes

2005-2006 2006-2007

Dried Sugar Beet Pulp

259

220

-39

-15.1

2.8

2.3

Molasses

276

287

4.3

3.0

100

85.2

0.6

1.1

All Vegetable Processing Residues

589

607

3.1

6.4

All Animal Meal – Fish, Poultry & Other

130

121

-10

-7.3

1.4

1.3

Citrus and Other Fruit Pulp

Source: DEFRA Monthly Survey © Simon Mounsey Ltd 2007

Compounders' Use of Minerals, Oils & Fats and Other Materials in GB September - August 2005-2006 2006-2007 Thousand Tonnes

Proportion of All Feed Materials Used

Difference Tonnes

2005-2006 2006-2007

Minerals

403

422

4.7

4.4

4.5

Oil and Fat

182

178

-4

-2.0

2.0

1.9

-0.7

0.3

Other materials not elsewhere specified

223

248

11.0

2.4

2.6

Confectionery By-Products

136

157

15.6

1.5

1.7

Total Miscellaneous Materials

968

1,029

6.3

10.5

10.9

Protein Concentrates

Source: DEFRA Monthly Survey ÂŠ Simon Mounsey Ltd 2007

Use of Cereals by Poultry Feed Manufacturers in GB September - August 2005-2006 2006-2007 Thousand Tonnes

Share of Total Feed Materials

Difference Tonnes

2005-2006 2006-2007

Retail Producers Wheat

2,822.3

2,739.1

-83.2

-2.9

30.6

29.0

Barley

546.9

670.9

124.0

22.7

5.9

7.1

Other Grains (Maize, Oats, etc)

111.4

141.1

29.7

26.7

1.2

1.5

3,480.6

3,551.1

70.5

2.0

37.7

37.6

Totals Cereals

Integrated Producers Wheat

1,751.7

1,699.9

-51.8

-3.0

55.5

54.4

Barley

90.5

108.9

18.4

20.3

2.9

3.5

Other Grains (Maize, Oats, etc)

10.2

11.4

1.2

11.8

0.3

0.4

1,852.4

1,820.2

-32.2

-1.7

58.7

58.2

Totals Cereals Source: DEFRA Returns

ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Cereals & Cereal By-Products in GB June - August 2006

Proportion of All Feed Materials Used

Difference

2007

Thousand Tonnes

Tonnes

2006

2007

Wheat

661

678

2.5

31.0

31.1

Barley

145

162

12.0

6.8

7.4

93.2

0.3

0.5

23.7

0.9

1.1

831

875

5.3

39.0

40.1

-2

-23.6

0.3

-40

-83.5

2.2

0.4

208

211

1.1

9.8

9.7

Other Cereals By-Products

8.8

2.3

2.4

Distillery By-Products

8.3

2.0

2.1

355

324

-31

-8.8

16.7

14.8

Oats Whole and Flaked Maize TOTAL CEREALS Rice Bran Extractions Maize Gluten Feed Wheat Feed

CEREAL BY-PRODUCTS Source: DEFRA Monthly Survey

ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Oilseeds, Oilseed Derivatives and Pulses in GB June - August 2006

Thousand Tonnes Whole Oilseeds

Proportion of All Feed Materials Used

Difference

2007

Tonnes

2006

2007

36.5

0.5

0.7

Oilseed Rape Cake and Meal

127

140

10.7

5.9

6.4

Soya Cake and Meal

228

260

14.1

10.7

11.9

Sunflower Cake and Meal

-8

-11.9

3.0

2.6

Other oilseed Cake and Meal

-10

-11.1

4.3

3.7

Total Oilseeds & Derivatives

522

553

6.1

24.5

25.4

-4

-23.5

0.9

0.6

5.0

0.3

-4

-15.9

1.2

1.0

Field Beans Field Peas Total Pulses Source: DEFRA Monthly Survey

ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Processing Residues in Great Britain June - August 2006

Proportion of All Feed Materials Used

Difference

2007

Thousand Tonnes

Tonnes

2006

2007

Dried Sugar Beet Pulp

-24

-38.7

2.9

1.7

Molasses

10.9

2.8

3.0

106.7

0.4

0.8

130

121

-8

-6.5

6.1

5.6

2.9

1.6

Citrus and Other Fruit Pulp All Vegetable Processing Residues All meal - Fish, Poultry and Other (1) Source: DEFRA Monthly Survey

(1) Comprises feathermeal, Dried Blood and all other permitted animal processing residues. ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Minerals, Oils & Fats and Other Materials in GB June - August 2006

Proportion of All Feed Materials Used

Difference

2007

Thousand Tonnes

Tonnes

2006

2007

Minerals

3.1

4.5

Oil and Fat

1.3

2.1

5.2

0.3

Other materials not elsewhere specified

15.1

2.5

2.8

Confectionery By-Products

16.6

1.6

1.8

235

252

7.5

11.0

11.5

Protein Concentrates

Total Miscellaneous Materials Source: DEFRA Monthly Survey

ÂŠ Simon Mounsey Ltd 2007

Use of Cereals by Poultry Feed Manufacturers in GB June - August 2006

Share of Total Feed Materials

Difference

2007

Thousand Tonnes

Tonnes

2006

2007

Retail Producers Wheat

661.3

677.9

16.6

2.5

31.0

31.1

Barley

145.0

162.4

17.4

12.0

6.8

7.4

24.9

34.9

10.0

40.2

1.2

1.6

831.2

875.2

44.0

5.3

39.0

40.1

Other Grains (Maize, Oats, etc) Totals Cereals

Integrated Producers Wheat

422.9

408.4

-14.5

-3.4

53.9

54.7

Barley

36.7

37.5

0.8

2.2

4.7

4.9

1.8

3.0

1.2

66.7

0.2

0.4

461.4

448.9

-12.5

-2.7

58.8

58.1

Other Grains (Maize, Oats, etc) Totals Cereals Source: DEFRA Returns

ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Feed Materials by Category - Northern Ireland

1983

1996

2000

2001

2002

2003

2004

2005

2006

Thousand Tonnes Cereals

445

595

587

641

713

762

780

802

809

By Products of Cereal Processing

165

318

285

292

314

331

333

321

317

Oilseeds & Derivatives

194

344

329

370

387

410

408

426

458

By-Products of Vegetable Processing

136

140

134

125

135

144

148

136

135

202

108

118

120

129

146

143

147

155

1,193

1,541

1,476

1,561

1,685

1,798

1,817

1,836

1,879

Animal Derivatives and Fishmeal All Other Materials TOTAL ALL FEED MATERIALS

Percentage by Product Group Cereals

37.3

38.6

39.8

41.0

42.3

42.4

42.9

43.7

43.1

By Products of Cereal Processing

13.9

20.6

19.3

18.7

18.6

18.4

18.3

17.5

16.9

Oilseeds & Derivatives

16.2

22.3

23.7

23.0

22.8

22.5

23.2

24.4

By-Products of Vegetable Processing

11.4

9.1

9.0

8.0

8.1

7.4

7.2

4.3

2.4

1.6

0.9

0.5

0.3

0.2

All Other Materials

16.9

7.0

8.0

7.7

7.6

8.1

7.9

8.0

8.3

TOTAL ALL FEED MATERIALS

100

Animal Derivatives and Fishmeal

Source: DARDNI Survey of Compound Feed Industry in Northern Ireland ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Cereals & Cereal By-Products in Northern Ireland July - June 2005

Proportion of All Feed Materials Used

Difference

2006

Thousand Tonnes

Tonnes

2005

2006

Wheat

520

515

-6

-1.1

28.0

26.9

Barley

16.3

3.8

4.3

Whole and Flaked Maize

214

229

6.9

11.5

11.9

TOTAL CEREALS

805

826

2.5

43.4

43.1

Maize Gluten Feed

145

141

-5

-3.1

7.8

7.3

By-Products of Malting, Brewing and Distilling

-13

-15.0

4.5

3.7

Other Grains & Cereal By-Products

101

13.6

4.8

5.3

318

313

-5

-1.6

17.2

16.4

TOTAL CEREAL BY-PRODUCTS & DERIVATIVES Source: DARDNI

ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Oilseeds and Oilseed Derivatives in NI July - June 2005

Thousand Tonnes Rape Seed Cake and Meal

Proportion of All Feed Materials Used

Difference

2006

Tonnes

2005

2006

13.5

4.2

4.7

Soya Cake and Meal

258

270

4.5

13.9

14.1

Whole Oilseeds & Other Oilseed Cakes and Meals

106

124

16.8

5.7

6.5

TOTAL OILSEEDS & DERIVATIVES

443

483

9.0

23.9

25.2

Source: DARDNI: Survey of Raw Materials Used in Manufacture of Compound Feedingstuffs

ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Processing Residues in NI July - June 2005

2006

Thousand Tonnes

Proportion of All Feed Materials Used

Difference Tonnes

2005

2006

Citrus and Other Fruit Pulp

56.43

51.98

-4.45

-7.89

3.04

2.71

Molasses and Sugar

50.53

49.82

-0.70

-1.39

2.72

2.60

Dried Forages & Dried Sugar Beet Pulp

26.29

28.01

1.73

6.57

1.42

1.46

0.39

0.05

-0.33

-86.27

0.02

0.00

133.63

129.87

-3.76

-2.82

7.20

6.78

Milk Products/By-Products & Other Animal ByProducts (excluding fats)

3.95

4.48

0.53

13.40

0.21

0.23

Fish Meal

0.40

0.44

0.04

9.03

0.02

TOTAL ANIMAL PROCESSING RESIDUES

4.36

4.92

0.57

22.43

0.23

0.26

Roots and Tubers TOTAL VEGETABLE PROCESSING RESIDUES

Source: DARDNI: Survey of Raw Materials Used in Manufacture of Compound Feedingstuffs

ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Minerals, Oils & Fats and Other Materials in NI July - June 2005

Proportion of All Feed Materials Used

Difference

2006

Thousand Tonnes

Tonnes

2005

2006

Minerals, Vitamins etc

4.8

3.4

Oils and Fats

4.2

1.7

Other Materials

2.7

3.1

3.0

152

158

3.9

8.2

TOTAL MINERALS, OILS & FATS AND MISCELLANEOUS MATERIALS

Source: DARDNI: Survey of Raw Materials Used in Manufacture of Compound Feedingstuffs ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Cereals & Cereal By-Products in NI April - June 2005

Proportion of All Feed Materials Used

Difference

2006

Thousand Tonnes

Tonnes

2005

2006

Wheat

125

124

-0.2

27.8

29.0

Barley

-1

-4.7

3.7

3.6

Whole and Flaked Maize

-4

-7.7

11.4

11.0

192

187

-5

-2.6

42.8

43.7

Maize Gluten Feed

-10

-30.1

7.8

5.7

By-Products of Malting, Brewing and Distilling

-1

-5.3

3.7

Other Grains & Cereal By-Products

9.0

5.0

5.7

TOTAL CEREAL BY-PRODUCTS & DERIVATIVES

-9

-12.6

16.5

15.1

TOTAL CEREALS

Source: DARDNI: Survey of Raw Materials Used in Manufacture of Compound Feedingstuffs ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Oilseeds and Oilseed Derivatives in NI April - June 2005

Proportion of All Feed Materials Used

Difference

2006

Thousand Tonnes

Tonnes

2005

2006

Rape Seed Cake and Meal

4.2

4.3

4.7

Soya Cake and Meal

-0.3

14.2

14.8

Whole Oilseeds & Other Oilseed Cakes and Meals

0.7

6.5

6.8

112

113

0.7

25.0

26.3

TOTAL OILSEEDS & DERIVATIVES

Source: DARDNI: Survey of Raw Materials Used in Manufacture of Compound Feedingstuffs ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Processing Residues in NI April - June 2005

2006

Thousand Tonnes

Proportion of All Feed Materials Used

Difference Tonnes

2005

2006

Citrus and Other Fruit Pulp

13.32

9.37

-3.95

-29.68

2.97

2.18

Molasses and Sugar

11.54

11.44

-0.09

-0.81

2.57

2.67

Dried Forages & Dried Sugar Beet Pulp

8.23

5.95

-2.28

-27.71

1.83

1.39

Roots and Tubers

0.05

0.02

-0.03

-58.00

0.01

0.00

33.14

26.78

-6.36

-19.19

7.38

6.24

Milk Products/By-Products & Other Animal ByProducts (excluding fats)

0.95

1.22

0.26

27.63

0.21

0.28

Fish Meal

0.11

0.00

3.77

0.02

0.03

TOTAL ANIMAL PROCESSING RESIDUES

1.06

1.33

0.27

25.24

0.24

0.31

TOTAL VEGETABLE PROCESSING RESIDUES

Source: DARDNI: Survey of Raw Materials Used in Manufacture of Compound Feedingstuffs

ÂŠ Simon Mounsey Ltd 2007

Compounders' Use of Minerals, Oils & Fats and Other Materials in NI April - June 2005

2006

Thousand Tonnes Minerals, Vitamins etc Oils and Fats Other Materials TOTAL MINERALS, OILS & FATS AND MISCELLANEOUS MATERIALS

Proportion of All Feed Materials Used

Difference Units

2006

2007

15.90

15.40

-0.50

-3.13

3.54

3.59

7.86

8.02

0.16

2.07

1.75

1.87

12.71

12.63

-0.08

-0.61

2.83

2.94

36.46

36.05

-0.41

-1.13

8.12

8.40

Source: DARDNI: Survey of Raw Materials Used in Manufacture of Compound Feedingstuffs ÂŠ Simon Mounsey Ltd 2007

Livestock Numbers in Selected Years – England

Figures in Thousand Head

Dairy Breeding Herd

1983

1995

1996

2000

2001

2002

2003

2004

2005

2006

% Change 20052006

2,373

1,811

1,785

1,575

1,490

1,462

1,435

1,374

1,311

1,290

-1.6

Beef Breeding Herd

538.88

800.11

814.61

781.26

700.17

665.47

702.13

730.19

752.16

739.04

-1.7

Dairy Heifers in First Calf

491.52

396.46

425.44

357.98

333.56

314.92

284.95

297.04

277.01

278.57

0.6

Beef Heifers in First Calf

66.62

103.63

99.52

84.84

95.72

140.74

120.28

113.57

88.67

88.33

-0.4

Total Bulls for Service

43.62

45.39

48.06

46.09

48.96

48.81

47.57

50.48

47.64

47.29

-0.7

Total Other Cattle & Calves

4,545

3,591

3,633

3,310

3,081

2,899

3,023

3,114

3,050

2,935

-3.8

Total Cattle & Calves

8,059

6,747

6,805

6,156

5,749

5,531

5,612

5,679

5,527

5,378

-2.7

722.67

619.81

614.19

502.70

488.98

457.87

418.05

424.49

386.21

386.11

0.0

460.30

407.54

404.10

339.60

332.90

309.41

277.28

287.67

261.37

263.93

1.0

Pig Breeding Herd of which: Sows in Pig of which: Gilts in Pig

93.74

84.51

85.81

59.83

56.32

60.28

59.92

54.70

57.85

57.66

-0.3

168.63

127.76

124.29

103.26

99.76

88.18

80.85

82.12

66.99

64.52

-3.7

Boars for Service

38.05

36.43

35.89

25.04

23.86

20.87

17.73

18.21

16.96

17.23

1.6

Gilts Not Yet in Pig

72.08

79.46

90.70

67.55

49.03

57.97

50.44

56.14

55.82

58.25

4.3

Barren Sows for Fattening

12.97

9.04

10.45

6.82

8.40

9.28

7.01

6.38

6.35

5.38

-15.2

Total Other Pigs

6,088

5,596

5,524

4,840

4,253

4,084

3,582

3,729

3,494

3,590

2.8

Total Pigs

6,933

6,341

6,275

5,442

4,823

4,630

4,075

4,234

3,959

4,057

2.5

Total Sheep and Lambs One Year and Over

7,782

9,779

9,575

9,425

8,107

7,759

7,893

8,059

7,837

7,742

-1.2

Total Breeding Flock from Current Season

7,229

9,237

9,051

8,937

7,576

7,330

7,484

7,587

7,289

6,357

-12.8

Mated Ewes, Shearlings and Lambs

5,964

8,183

8,015

7,829

6,562

6,302

6,437

6,524

6,408

6,357

-0.8

of which: Other Sows

Other Female Sheep not yet used for Breeding

1,265

1,053

1,035

1,108

1,014

1,028

1,046

1,064

880

834

-5.2

Other Sheep One Year and Over

553.29

542.15

524.02

488.11

530.62

429.16

408.87

471.75

548.79

550.84

0.4

Rams and Ram Lambs for Service

168.63

232.53

226.65

229.33

196.78

186.93

187.45

191.76

191.56

194.92

1.8

All Other Sheep

384.66

309.62

297.37

258.77

333.83

242.23

221.42

280.00

357.23

355.92

-0.4

8,218

10,071

9,515

9,719

8,033

7,638

7,812

7,814

8,040

7,932

-1.4

16,001

19,850

19,090

19,144

16,140

15,397

15,704

15,873

15,877

15,673

-1.3

Lambs under One Year Old Total Sheep & Lambs Source: DEFRA June Survey of Agriculture

Livestock Numbers in Selected Years – Wales

Figures in Thousand Head

1983

1995

1996

2000

2001

2002

2003

2004

2005

2006

Dairy Breeding Herd

376.98

294.35

296.74

268.59

269.98

267.74

268.14

271.47

264.40

281.00

Beef Breeding Herd

% Change 20052006 6.3

179 37 179.37

218 90 218.90

219 31 219.31

224 37 224.37

207 22 207.22

195 78 195.78

212 90 212.90

216 80 216.80

220 75 220.75

224 00 224.00

15 1.5

Dairy Heifers in First Calf

64.22

60.94

63.24

60.82

58.42

50.95

52.88

54.03

58.88

58.49

-0.6

Beef Heifers in First Calf

18.90

24.35

24.12

23.55

26.28

33.80

36.52

31.77

25.74

n.a.

9.63

10.14

10.81

10.09

13.06

10.14

11.48

11.89

12.25

13.00

6.1

Total Bulls for Service Total Other Cattle & Calves (1)

785.57

727.88

745.71

685.61

693.43

636.74

689.69

695.40

658.75

746.51

13.3

T t lC Total Cattle ttl & C Calves l

1 1,435 435

1 1,337 337

1 1,360 360

1 1,273 273

1 1,268 268

1 1,195 195

1 1,272 272

1 1,281 281

1 1,241 241

1 1,323 323

6 6.6 6

Pig Breeding Herd

17.43

10.27

10.62

7.71

7.04

4.82

5.20

3.58

2.93

n.a.

10.76

6.58

6.46

5.00

3.82

2.65

3.33

1.87

1.81

n.a.

of which: Sows in Pig of which: Gilts in Pig

2.38

1.15

1.40

0.99

1.48

1.15

0.77

1.10

0.37

n.a.

of which: Other Sows

4 29 4.29

2 53 2.53

2 77 2.77

1 72 1.72

1 73 1.73

1 02 1.02

1 10 1.10

0 61 0.61

0 75 0.75

na n.a.

Boars for Service

1.06

0.63

0.67

0.53

0.45

0.52

0.48

0.29

0.33

n.a.

Gilts Not Yet in Pig

1.76

1.37

1.56

0.77

0.81

2.53

1.35

0.41

0.59

n.a.

Barren Sows for Fattening

0.74

0.19

0.12

0.18

0.30

1.32

0.85

0.14

0.13

n.a.

126.34

78.31

85.73

58.94

31.89

35.16

40.53

26.38

24.51

n.a.

147

-11.0 11 0

Total Sheep and Lambs One Year and Over

4,659

5,914

5,893

5,873

5,339

5,386

5,295

5,212

4,953

4,701

-5.1

Total Breeding Flock from Current Season

4,270

5,555

5,544

5,645

5,086

5,155

5,017

4,958

4,732

4,701

-0.7

Mated Ewes, Shearlings and Lambs

3,477

4,953

4,916

4,918

4,395

4,404

4,286

4,249

4,116

4,029

-2.1

Other Female Sheep not yet used for Breeding

793

602

629

726

692

751

731

709

616

672

91 9.1

Other Sheep One Year and Over

293

233

222

114

146

131

177

153

118

n.a.

Total Other Pigs T t l Pi Total Pigs

Rams and Ram Lambs for Service Lambs under One Year Old Total Sheep & Lambs

126

127

114

106

100

101

103

n.a.

4,062

5,277

4,981

5,320

4,602

4,664

4,565

4,525

4,557

4,393

-3.6

8,721

11,191

10,874

11,192

9,941

10,050

9,860

9,737

9,510

9,094

-4.4

Source: Welsh Historical Statistics and National Assembly of Wales (1) Includes Beef Heifers in First Calf from 2006

Livestock Numbers in Selected Years – Scotland

Figures in Thousand Head

1983

1995

1996

2000

2001

2002

2003

2004

2005

2006

% Change 20052006

Dairy Breeding Herd

290.57

226.24

224.84

207.35

195.95

199.40

197.97

194.54

196.71

198.57

0.9

Beef Breeding Herd

447.35

512.59

514.53

518.60

489.07

488.79

487.13

492.87

492.32

487.19

-1.0

Dairy Heifers in First Calf

74.83

53.07

57.59

51.94

49.65

46.16

42.88

46.35

46.28

44.31

-4.3

Beef Heifers in First Calf

49.92

48.21

50.30

46.23

43.96

49.79

48.21

50.35

47.62

46.39

-2.6

Total Bulls for Service

20.48

19.65

20.77

20.46

19.86

20.53

20.80

21.15

21.68

22.12

2.0

Total Other Cattle & Calves

1,454

1,214

1,247

1,185

1,107

1,130

1,142

1,144

1,154

1,135

-1.6

Total Cattle & Calves

2,337

2,074

2,115

2,029

1,905

1,935

1,939

1,950

1,959

1,934

-1.3

Pig Breeding Herd

46.51

57.43

62.59

57.68

61.27

55.62

49.58

48.83

43.72

41.81

-4.4

30.09

38.90

40.13

40.47

40.96

37.86

34.41

35.80

32.34

31.03

-4.1

of which: Sows in Pig of which: Gilts in Pig

6.29

6.99

9.76

7.10

8.24

7.90

7.53

5.28

4.20

4.53

7.9

10.12

11.54

12.70

10.11

12.07

9.86

7.64

7.75

7.18

6.25

-13.0

Boars for Service

2.49

3.46

3.66

2.71

2.72

2.15

1.77

1.60

1.47

1.41

-4.1

Gilts Not Yet in Pig

4.13

7.44

7.72

5.86

5.65

4.72

5.31

4.64

5.26

6.32

20.2

of which: Other Sows

Barren Sows for Fattening

1.18

1.09

0.59

0.97

2.45

1.22

0.96

1.18

0.81

0.82

1.2

389.20

488.74

503.08

490.89

524.37

462.56

430.63

413.45

417.76

413.37

-1.1

444

558

578

558

596

526

488

470

469

464

-1.1

Total Sheep and Lambs One Year and Over

9,571

9,408

9,271

8,255

8,228

8,131

8,153

7,959

7,689

-3.4

Total Breeding Flock from Current Season

4,693

4,613

4,534

4,026

4,017

3,973

3,985

3,887

3,754

-3.4

Mated Ewes, Shearlings and Lambs

3,872

3,792

3,715

3,277

3,222

3,193

3,179

3,142

3,029

-3.6

821.11

821.60

819.32

749.21

795.37

780.64

805.28

745.66

725.38

-2.7

67.99

68.23

89.54

99.19

92.56

84.27

83.87

83.47

84.02

0.7

115.85

113.31

113.02

103.03

101.41

99.97

99.57

100.80

96.94

-3.8

4,632

4,574

4,450

3,881

3,852

3,849

3,814

3,812

3,693

-3.1

9,509

9,369

9,187

8,110

8,063

8,006

7,982

7,883

7,628

-3.2

Total Other Pigs Total Pigs

Other Female Sheep not yet used for Breeding Other Sheep One Year and Over Rams and Ram Lambs for Service Lambs under One Year Old Total Sheep & Lambs Source: Scottish Executive

Livestock Numbers in Selected Years – Northern Ireland

Figures in Thousand Head

1983

1995

1996

2000

2001

2002

2003

2004

2005

2006

% Change 20052006

Dairy Breeding Herd

293.53

271.48

281.08

284.39

295.00

297.94

290.15

288.30

290.53

295.95

1.9

Beef Breeding Herd

219 74 219.74

308 57 308.57

315 44 315.44

317 96 317.96

311 82 311.82

307 01 307.01

295 45 295.45

296 17 296.17

296 86 296.86

283 03 283.03

-4.7 47

Dairy Heifers in First Calf

58.27

55.87

62.09

60.88

60.65

58.45

60.04

62.45

64.02

63.48

-0.8

Beef Heifers in First Calf

28.03

32.90

35.42

31.52

33.09

33.03

33.26

34.27

30.05

30.92

2.9

Total Bulls for Service

86.30

88.77

97.50

92.40

93.74

91.48

93.30

96.73

94.07

94.40

0.4

Total Other Cattle & Calves

411.56

351.01

362.00

384.04

406.26

400.36

382.06

379.92

381.18

386.22

1.3

Total Cattle & Calves

1,097

1,109

1,154

1,171

1,201

1,188

1,154

1,158

1,157

1,154

-0.2

Pig Breeding Herd

83.99

68.36

68.81

41.80

40.59

39.34

42.87

37.83

36.74

37.44

1.9

50.16

42.80

42.60

27.83

26.67

26.44

28.12

25.43

25.69

25.95

1.0

of whichh: Sows in Pig of which: Gilts in Pig

9.14

8.76

9.88

5.18

4.87

4.99

5.01

4.64

4.49

4.80

7.0

24 70 24.70

16 80 16.80

16 34 16.34

8 79 8.79

9 06 9.06

7 91 7.91

9 75 9.75

7 76 7.76

6 57 6.57

6 70 6.70

20 2.0

Boars for Service

4.85

2.91

1.35

1.33

1.24

1.20

1.08

0.99

0.90

-8.6

Gilts Not Yet in Pig

3.97

4.59

5.62

3.65

2.94

2.87

3.30

3.23

2.84

3.39

19.1

of which: Other Sows

Barren Sows for Fattening

n.a.

0.30

0.26

0.59

0.63

0.29

0.42

0.67

0.43

0.56

28.5

664.22

560.76

560.51

366.10

340.07

343.96

385.89

343.96

385.89

344.32

-10.8

757

637

638

413

386

388

434

387

427

387

-9.4 94

Total Sheep and Lambs One Year and Over

807.96

1,383.59

1,379.98

1,373.04

1,272.96

1,167.91

1,144.68

1,139.84

1,066.52

1,029.56

-3.5

Total Breeding Flock from Current Season

785.18

1,345.26

1,341.58

1,332.62

1,232.29

1,128.62

1,105.58

1,100.51

1,027.33

991.05

-3.5

n.a.

1,169.81

1,182.45

1,090.31

998.46

953.59

943.10

900.82

864.58

-4.0

na n.a.

171 78 171.78

150 17 150.17

141 99 141.99

130 17 130.17

151 99 151.99

157 41 157.41

126 51 126.51

126 47 126.47

00 0.0

3.31

6.35

5.66

8.23

9.29

8.16

9.52

10.10

10.58

11.06

4.5

Total Other Pigs T t l Pi Total Pigs

Mated Ewes, Shearlings and Lambs Other Female Sheep not yet used for Breeding Other Sheep One Year and Over Rams and Ram Lambs for Service Lambs under One Year Old Total Sheep & Lambs

19.48

31.99

32.74

32.20

31.37

31.13

29.59

29.24

28.60

27.45

-4.0

679.97

1,369.93

1,373.16

1,367.54

1,252.60

1,156.25

1,096.43

1,085.56

1,078.57

1,040.90

-3.5

1,488

2,754

2,753

2,741

2,526

2,324

2,241

2,225

2,145

2,070

-3.5

Source: Department of Agriculture & Rural Development in Northern Ireland

Livestock Numbers in Selected Years – United Kingdom

Figures in Thousand Head

Dairy Breeding Herd Beef Breeding Herd

1983

3,333

1995

2,603

1996

2,587

2001

251

2002

2,227

2003

2,192

2004

2005

2006

2007

% Change 20062007

2,131

1,998

1,979

1,956

-1.2

1 358 1,358

1 840 1,840

1 864 1,864

1 708 1,708

1 657 1,657

1 700 1,700

1 739 1,739

1 751 1,751

1 737 1,737

1 695 1,695

-2.4 24

Dairy Heifers in First Calf

687.94

566.34

608.36

502.28

470.49

441.10

460.25

475

476

430

-9.7

Beef Heifers in First Calf

159.12

209.09

209.36

199.05

257.36

238.53

230.36

83.33

89.97

95.28

98.57

95.97

96.42

100.46

Total Bulls for Service Total Other Cattle & Calves Total Cattle & Calves

Pig Breeding Herd

Not available due to switch from a Survey Basis to a Cattle Tracing Basis

7,670

6,548

6,675

5,843

5,637

5,849

5,193

13,290

11,857

12,040

10,602

10,345

10,517

10,603

9,943

9,760

9,495

-2.7

855.94

755.87

756.22

597.88

557.66

515.81

514.91

469.94

468.00

454.00

-3.0

of which: Sows in Pig

542.07

495.82

493.29

404.36

376.36

343.22

350.92

321.52

323.00

324.00

0.3

of which: Gilts in Pig

110.03

101.41

106.84

70.90

74.32

73.23

65.73

66.91

67.00

53.00

-20.9

of which: Other Sows

203 84 203.84

158 63 158.63

156 09 156.09

122 62 122.62

106 98 106.98

99 37 99.37

98 27 98.27

81 51 81.51

78 00 78.00

77 00 77.00

-1 3 -1.3

Boars for Service

44.96

43.43

43.13

28.36

24.79

21.19

19.74

20.00

19.00

-5.0

Gilts Not Yet in Pig

82.06

92.86

105.59

58.43

68.08

60.40

64.43

64.52

68.00

63.00

-7.4

Barren Sows for Fattening

14.89

10.61

11.41

11.78

12.12

9.25

8.38

7.73

7.00

5.00

-28.6

Total Other Pigs

7,176

6,724

6,674

5,149

4,925

4,440

4,552

4,302

4,369

4,341

-0.6

T t l Pi Total Pigs

8 8,174 174

7 7,627 627

7 7,590 590

5 5,845 845

5 5,588 588

5 5,047 047

5 5,161 161

4 4,864 864

4 4,933 933

4 4,882 882

-1.0 10

Total Sheep and Lambs One Year and Over

18,948

18,524

18,510

18,615

17,985

17,664

16,884

-4.4

Total Breeding Flock from Current Season

17,921

17,630

17,599

17,665

16,990

16,637

15,825

-4.9

Mated Ewes, Shearlings and Lambs

15,325

14,926

14,884

14,926

14,613

14,323

13,555

-5.4

2 596 2,596

2 704 2,704

2 715 2,715

2 739 2,739

2 378 2,378

2 314 2,314

2 270 2,270

-1 9 -1.9

1,026

894

911

950

995

1,027

1,058

3.0

Rams and Ram Lambs for Service

438

420

418

422

425

432

397

-8.1

All Other Sheep

589

474

492

529

570

595

661

11.1

Other Female Sheep not yet used for Breeding

Data collected on an incompoatible Basis

Other Sheep One Year and Over

Lambs under One Year Old T t l Sh Total Sheep & L Lambs b

17,181

21,350

20,443

17,769

17,310

17,335

17,275

17,532

17,058

16,698

-2.1

34 34,985 985

43,304 43 304

42,086 42 086

36 36,716 716

35 35,834 834

35 35,846 846

35 35,890 890

35 35,517 517

34 34,722 722

33 33,582 582

-3.3 33

UK Production of Livestock & Degree of Self-Sufficiency

Product

Beef & Veal

Mutton & Lamb

Pork

Bacon & Ham

Poultrymeat

Thousand Tonnes % of New Supply Home Fed Production

1985

1990

1995

2000

2001

2002

2003

2004

2005

2006

1,137

1,002

704

645

694

703

722

776

869

114

315

397

393

383

267

307

310

319

336

333

114

Home Fed Production

744

762

782

715

595

613

569

576

577

582

Self-Sufficiency

104

100

102

Home Cured Production

210

191

247

224

216

215

214

211

214

199

850

1,140

1,427

1,514

1,566

1,557

1,570

1,564

1,582

1,544

Self-Sufficiency Home Fed Production Self-Sufficiency

Source: Agriculture in the United Kingdom (DEFRA 2006 edition) ÂŠ Simon Mounsey Ltd 2007

UK Production of Livestock Products & Degree of Self-Sufficiency

Product

Thousand Tonnes % of New Supply Domestic Production

Milk

Cheese

Cream

Skim Milk Powder

Eggs

1990

1995

2000

2001

2002

2003

2004

2005

2006

1,137

1,002

704

645

694

703

722

776

869

100

101

100

102

103

102

103

104

4,872

5,151

5,398

5,978

6,346

6,494

6,618

6,571

6,749

6,815

206

151

133

132

126

136

131

122

130

118

268

320

363

341

395

371

352

359

391

404

Self-Sufficiency

Domestic Production

230

238

242

307

308

321

325

306

321

Self-Sufficiency

106

145

146

128

133

145

125

122

Domestic Production

241

166

117

115

Self-Sufficiency

206

241

158

-553

113

116

126

144

113

Domestic Production

854

804

774

712

753

746

733

778

772

738

258

265

279

294

297

298

301

304

298

Self-Sufficiency Yield Per Cow (litres / Year)

Butter

1985

Domestic Production Self-Sufficiency Domestic Production

Self-Sufficiency Yield - Eggs / Laying Hen

Source: Agriculture in the United Kingdom (DEFRA 2006 edition) ÂŠ Simon Mounsey Ltd 2007

Cereal Production in the UK Area - Thousand Hectares Yield - Tonnes per Hectare Production - Thousand Tonnes Self-Sufficiency - % New Supply

Wheat

Oats

1995

2000

2001

2002

2003

2004

2005

2006

1,902

2,014

1,859

2,086

1,635

1,996

1,837

1,990

1,867

1,833

Yield

6.33

6.97

7.70

8.01

7.08

8.00

7.78

7.96

8.04

12,046

14,033

14,312

16,704

11,580

15,973

14,288

15,473

14,863

14,735

102

137

117

118

103

102

124

111

110

107

Area

1,967

1,517

1,193

1,128

1,245

1,101

1,078

1,010

938

881

Yield

4.95

5.21

5.74

5.76

5.35

5.57

5.91

5.76

5.86

5.95

9,740

7,911

6,842

6,492

6,660

6,128

6,370

5,816

5,495

5,239

Degree of Self-Sufficiency

141

129

135

137

110

117

120

110

115

109

Area

133

107

112

109

112

126

122

108

121

Yield

4.62

4.95

5.51

5.87

5.54

5.98

6.14

5.81

5.85

6.02

614

530

617

640

621

753

749

627

532

728

100

153

119

120

124

108

101

100

Area

4,017

3,660

3,182

3,348

3,014

3,245

3,056

3,130

2,920

2,861

Yield

5.59

6.17

6.87

7.16

6.29

7.08

7.03

7.19

7.28

22,471

22,582

21,870

23,988

18,959

22,965

21,494

22,005

21,005

20,822

108

121

113

103

101

Production

Production Degree of Self-Sufficiency

Total Cereals (including minor grains)

1990

Area

Degree of Self-Sufficiency

Barley

1985

Production Degree of Self-Sufficiency

Source: HGCA ÂŠ Simon Mounsey Ltd 2007

Oilseed and Pulse Production in the UK Area - Thousand Hectares Yield - Tonnes per Hectare Production - Thousand Tonnes Self-Sufficiency - % New Supply

Oilseed Rape (Non-Set Aside)

Oilseed Rape (Set Aside)

Oilseed Rape

Peas for Harvesting Dry

1990

1995

2000

2001

2002

2003

2004

2005

2006

Area

296

390

354

332

404

357

460

498

519

499

Yield

3.03

3.09

2.91

2.57

3.49

3.37

2.95

3.29

3.35

Production

897

1,207

1,031

965

1,038

1,246

1,548

1,471

1,706

1,674

Area

n.a.

Yield

n.a.

2.40

2.74

2.48

2.95

2.72

2.34

2.65

2.61

Production

n.a.

204

192

119

221

223

138

196

Area

296

390

439

402

451

432

542

557

592

575

Yield

3.03

3.09

2.81

2.88

2.57

3.40

3.27

2.89

3.21

3.25

Production

897

1,207

1,234

1,157

1,468

1,771

1,608

1,901

1,870

Degree of Self-Sufficiency

135

108

107

105

Area

Yield

2.73

4.26

3.75

3.69

3.53

3.40

3.91

3.45

3.80

3.32

213

260

229

251

314

262

254

176

156

113

Area

139

119

124

173

164

165

178

184

183

Yield

3.42

2.68

3.91

3.50

3.85

3.87

3.71

3.83

3.35

154

475

319

485

606

632

639

661

705

613

Production

Beans for Stockfeed

1985

Production Source: Agriculture in the United Kingdom (DEFRA 2006 edition)

ÂŠ Simon Mounsey Ltd 2007

Prices for Selected Feed Materials

Feed Wheat

Basis

Argentine Feed Barley Sunflowerm eal 32/33%

Average Ex-Farm Great Britain

Citrus Pulp

Field Beans

Delivered East Coast

Ex-Store Liverpool

Maize Gluten Feed

Pelleted wheat Feed

Ex-Store Liverpool

Rapemeal (34%)

Soyameal HiImported Soyameal Hi Soyameal 48 Pro Home Palm Kernel pro % Brazilian produced Cake Ex-Store East Coast

Ex-Mill Erith

Ex-Store Liverpool

English Fishmeal

Peruvian Fishmeal

Icelandic 70% Fishmeal

66% Protein Bags

65% Protein

70% Protein

£/Tonne Nov 2006

n.a.

144

143

157

674

684

770

Dec 2006

n.a.

102

n.a.

100

141

143

154

650

664

767

Jan 2007

102

103

n.a.

148

145

158

650

663

766

Feb 2007

n.a.

107

n.a.

103

160

148

167

650

666

749

Mar 2007

105

106

110

112

107

155

159

171

650

663

751

Apr 2007

104

112

110

112

149

n.a.

165

650

653

745

May 2007

105

115

n.a.

118

153

151

170

650

643

718 693

Jun 2007

106

115

120

117

100

157

153

169

635

622

Jul 2007

114

108

127

n.a.

118

106

104

105

166

159

164

600

620

635

Aug 2007

133

118

137

142

150

123

128

121

122

173

172

180

548

555

651

Sep 2007

166

154

169

n.a.

183

151

n.a.

141

140

192

194

212

510

524

599

Oct 2007

166

157

n.a.

164

190

151

141

140

142

205

197

223

510

525

602

Nov 2006

n.a.

-2

-4

162

173

231

Dec 2006

n.a.

-10

-12

-3

137

152

226

Jan 2007

n.a.

-1

-9

-2

133

128

197

Change on Twelve Months Earlier

Feb 2007

n.a.

114

129

169

Mar 2007

116

145

Apr 2007

n.a.

116

May 2007

n.a.

Jun 2007

-35

-80

-74

Jul 2007

n.a.

-95

-98

-184

Aug 2007

-160

-129

-171

Sep 2007

n.a.

-198

-158

-187

Oct 2007

n.a.

-175

-156

-158

Source: HGCA, Agricultural Supply Industry, Trade. © Simon Mounsey Ltd 2007

World Wheat Production, Consumption and End-of-Season Stocks

Million Tonnes (unless stated otherwise)

Area Harvested

2004-2005 2005-2006 2006-2007

2007-2008 Jul 2007

Aug 2007

Sep 2007

218.2

218.8

213.4

217.2

217.3

217.8

2.88

2.85

2.78

2.82

2.81

2.78

Production

628.0

622.6

594.0

612.3

610.4

606.2

Feed Use

106.4

111.9

109.5

103.3

102.7

101.2

Total Use

608.4

618.8

622.1

617.5

617.7

616.2

End-of-Season Stocks

151.0

149.2

120.4

116.6

114.8

112.4

Yield

(Million Hectares)

(Tonnes per Hectare)

End-of-Season Stocks in Days Consumption Equivalent

Export Prices FOB $ / Tonne Unless Stated Otherwise US Hard Red Winter FOB ex-Gulf

153

178

211

255

277

353

US No 2 Soft Red Winter ex-Gulf

142

140

179

237

272

343

No 2 Dark Northern Spring FOB ex-Portland 14%

181

194

218

261

275

333

Australian Standard White FOB Eastern States

176

195

232

272

298

363

Canadian Western Red Spring 13.5% FOB St Lawrence

193

208

235

283

301

355

French FOB Rouen - Unsubsidised

139

135

199

259

307

397

UK Feed Wheat FOB East Coast - Unsubsidised

127

194

256

283

n.a.

Source: USDA Foreign Agriculture Service, HGCA, FAO.

ÂŠ Simon Mounsey Ltd 2007

World Maize Production, Consumption and End-of-Season Stocks

Million Tonnes (unless stated otherwise)

Area Harvested

2004-2005 2005-2006 2006-2007

2007-2008 Jul 2007

Aug 2007

Sep 2007

145.0

145.5

148.2

159.5

158.9

158.5

4.93

4.78

4.71

4.87

4.85

4.88

Production

714.8

696.2

697.7

777.1

771.5

774.1

Feed Use

473.4

476.3

475.3

483.6

483.2

486.1

Food, Seed & Industrial Use

213.6

226.2

247.2

285.6

285.5

282.9

Total Use

687.0

722.5

769.3

768.8

769.0

End-of-Season Stocks

130.8

93.2

108.4

102.2

105.4

Yield

(Million Hectares)

(Tonnes per Hectare)

End-of-Season Stocks in Days Consumption Equivalent

Export Prices FOB $ / Tonne Unless Stated Otherwise UK Barley FOB East Coast - Unsubsidised

116

133

212

257

275

n.a.

Canadian Barley FOB Thunderbay

154

176

170

186

Argentine Maize FOB Up River

104

156

143

151

171

US No 3 Yellow Corn FOB Gulf

107

161

149

156

169

126

129

188

n.a.

US Barley FOB Pacific North West Ports Source: USDA Foreign Agriculture Service, HGCA, FAO.

ÂŠ Simon Mounsey Ltd 2007

World Soybean Production, Consumption and End-of-Season Stocks

Million Tonnes (unless stated otherwise)

Production

2004-2005 2005-2006 2006-2007

2007-2008 Jul 2007

Aug 2007

Sep 2007

215.7

220.6

236.0

222.1

221.6

221.3

Imports (Marketing Year)

63.5

64.1

68.2

75.3

74.1

74.9

Exports (Marketing Year)

64.7

64.0

70.4

75.5

75.4

75.0

Crush

175.6

185.1

193.6

203.4

202.8

203.5

Total Domestic Consumption

204.8

215.3

223.7

234.2

233.2

233.9

End-of-Season Stocks

47.5

52.9

63.1

51.9

51.6

50.4

End-of-Season Stocks as % of Crush

27.0

28.6

32.6

25.5

24.7

Export Prices FOB $ / Tonne Unless Stated Otherwise US No 1 Yellow Soybeans Cash - Central Illinois

213

205

258

291

287

n.a.

US No 2 Yellow Soybeans FOB ex-Gulf

238

232

291

319

327

368

Brazilian FOB Paranagua

233

228

289

305

325

346

Argentine FOB Up River

224

221

279

283

308

354

Rotterdam CIF

277

261

327

376

385

n.a.

Source: USDA Foreign Agriculture Service, HGCA, FAO.

ÂŠ Simon Mounsey Ltd 2007

World Soybean Meal Production, Consumption & End of Season Stocks

Million Tonnes (unless stated otherwise)

Production

2004-2005 2005-2006 2006-2007

2007-2008 Jul 2007

Aug 2007

Sep 2007

138.8

145.6

152.0

160.4

159.8

160.3

Imports (Marketing Year)

45.9

50.6

52.0

55.4

55.6

56.0

Exports (Marketing Year)

46.6

51.4

53.0

56.1

56.0

56.2

137.1

145.7

151.0

159.4

159.1

160.0

End-of-Season Stocks

6.4

5.6

5.4

5.7

End-of-Season Stocks as % of Domestic Consumption

4.7

3.8

3.7

3.4

3.6

Total Domestic Consumption

Export Prices FOB $ / Tonne Unless Stated Otherwise Decatur Average Wholesale 48% Protein

202

192

222

245

240

n.a.

Brazil Rio Grande Bulk Rate FOB 45/46%

172

177

195

207

216

n.a.

Argentine Pellets FOB Buenos Aires

157

158

176

184

193

n.a.

Hamburg FOB ex-mill

231

215

268

294

310

n.a.

ÂŠ Simon Mounsey Ltd 2007

Ex-farm Producer Prices for Livestock, Milk & Eggs

Cattle

Pigs

Sheep

All Poultry

Milk

Eggs

p/kg liveweight

p/kg deadweight

p/kg Dressed Carcass Weight

p/kg carcass weight

p/litre (including bonus)

p/doz

1990

107.13

113.30

171.35

84.71

18.43

58.02

1995

123.47

120.34

236.59

79.89

24.88

50.16

2000

89.80

95.11

196.40

70.70

16.90

39.30

2001

90.54

98.55

198.87

69.69

19.22

41.23

2002

93.23

93.88

232.80

68.74

17.07

43.03

2003

95.81

103.70

260.20

70.67

17.98

51.35

2004

101.82

103.95

258.09

72.30

18.42

53.10

2005

102.91

104.38

241.45

72.49

18.43

47.54

2006

111.24

105.45

246.40

75.31

17.92

50.06

Jul 06

111.25

108.21

250.05

74.63

17.16

48.91

Aug 06

114.12

109.05

236.27

75.17

17.57

49.29

Sep 06

115.84

109.50

226.69

74.93

18.42

48.80

Oct 06

112.66

109.05

225.21

74.75

18.79

52.00

Nov 06

113.79

108.09

221.35

75.90

18.98

52.03

Dec 06

114.52

108.44

223.02

76.43

18.68

52.03

Jan 07

111.47

107.07

224.98

73.23

18.00

53.08

Feb 07

113.12

105.15

239.58

75.87

17.78

53.08

Mar 07

113.39

105.89

256.34

75.64

17.65

53.08

Apr 07

112.87

107.02

244.91

78.37

17.53

55.19

May 07

111.16

108.76

242.19

78.00

17.51

55.19

Jun 07

112.19

110.18

258.96

78.59

18.05

55.19

Source: Derived from DEFRA datasets

ÂŠ Simon Mounsey Ltd 2007

Monthly Changes in Slaughterings - Cattle, Sheep, Pigs & Poultry Clean Sheep & Lambs

Prime Cattle

Clean Pigs

Change over Year Earlier (Thousands) Jul 2006

Broilers

Turkeys

Change over Year Earlier (Millions)

Clean Sheep & Lambs

Prime Cattle

Clean Pigs

Change over Year Earlier (Per Cent)

Broilers

Turkeys

Change over Year Earlier (Per Cent)

-0.9

-17.9

-4.2

-2.8

-0.2

-0.4

-1.3

-0.5

-3.4

-14.9

Aug 2006

-21.2

8.0

-0.2

-1.1

-0.1

-12.2

0.7

0.0

-1.8

-12.3

Sep 2006

-17.6

8.1

19.1

-0.5

-0.1

-9.0

0.6

2.7

-0.7

-7.8

Oct 2006

-6.7

-9.7

34.0

-1.7

0.0

-2.9

-0.6

3.9

-2.1

-1.8

Nov 2006

-11.4

-148.0

5.2

-1.5

-0.1

-5.8

-10.8

0.7

-2.3

-7.2

Dec 2006

-12.9

-125.1

-17.3

-1.9

-0.2

-7.4

-9.9

-2.4

-3.2

-10.3

Jan 2007

-11.1

-195.6

12.4

-0.8

-0.3

-5.1

-14.6

1.5

-1.1

-14.7

Feb 2007

-2.7

-135.0

33.5

-0.7

-0.3

-1.5

-12.8

4.9

-1.1

-22.2

Mar 2007

-2.8

-54.4

34.0

-0.8

-0.3

-1.6

-5.2

5.0

-1.2

-26.2

Apr 2007

3.6

66.5

88.0

-0.6

-0.4

1.8

6.1

11.2

-0.8

-27.2

May 2007

-11.7

91.7

17.9

-0.5

-0.3

-6.5

11.1

2.7

-0.8

-23.5

Jun 2007

-0.1

34.3

58.5

0.0

-0.2

-0.1

3.6

8.8

0.1

-16.7

Source: Derived from DEFRA datasets ÂŠ Simon Mounsey Ltd 2007

UK Production of Meat and Poultrymeat

Thousand Tonnes

Beef & Veal

Mutton & Lamb

Pork

Bacon & Ham

Poultrymeat

Total

1985

1,137

310

744

210

850

3,251

1990

1,002

389

762

191

1,140

3,484

1995

1,002

393

782

247

1,427

3,851

2000

704

383

716

224

1,514

3,542

2001

645

267

595

217

1,566

3,289

2002

694

307

613

216

1,557

3,387

2003

703

310

569

214

1,570

3,366

2004

722

319

576

211

1,564

3,392

2005

765

337

574

214

1,581

3,472

2006

852

333

575

209

1,514

3,483

Latest Quarterly Production 3rd Quarter 2006

209

145

372

866

4th Quarter 2006

229

154

381

910

1st Quarter 2007

228

154

364

867

2nd Quarter 2007

220

150

367

858

Change over Year-Earlier Production 3rd Quarter 2006

-1

-17

4th Quarter 2006

-5

-3

-19

1st Quarter 2007

-8

-5

-13

2nd Quarter 2007

-9

-17

Source: Derived from DEFRA Statistics ÂŠ Simon Mounsey Ltd 2007

UK Consumption of Meat and Poultrymeat

Thousand Tonnes

Beef & Veal

Mutton & Lamb

Pork

Bacon & Ham

Poultrymeat

Total

1985

1,159

428

702

469

882

3,641

1990

1,070

443

753

445

1,217

3,929

1995

914

356

707

470

1,514

3,961

2000

895

392

721

483

1,696

4,186

2001

900

341

749

491

1,725

4,206

2002

983

360

757

497

1,709

4,306

2003

1,000

362

805

502

1,721

4,391

2004

1,034

375

787

500

1,773

4,468

2005

1,048

376

816

487

1,804

4,532

2006

1,087

378

822

462

1,732

4,482

Latest Quarterly Consumption 3rd Quarter 2006

265

210

116

427

1,115

4th Quarter 2006

284

225

119

426

1,148

1st Quarter 2007

279

220

114

404

1,112

2nd Quarter 2007

275

105

208

402

1,084

Change over Year-Earlier Consumption 3rd Quarter 2006

-2

-27

-11

4th Quarter 2006

-3

-7

-36

-26

1st Quarter 2007

-2

-27

-18

-45

-32

2nd Quarter 2007 Source: Derived from DEFRA Statistics

ÂŠ Simon Mounsey Ltd 2007

UK Household Consumption of Livestock Products

1985

kg/person/year

1990

1995

2000

2001-02

2002-03

2003-04

2004-05

2005-06

except Milk and Milk Products (Litres/person/year )

Adjusted National Food Survey Calendar Year Basis

Full Price Liquid Whole Milk

96.7

63.3

40.8

34.0

31.1

28.9

30.4

25.2

23.9

Skimmed milks

12.9

37.7

58.6

60.3

56.7

56.4

56.2

58.9

60.7

of which: Fully skimmed

5.2

10.3

10.9

8.6

8.3

8.6

8.0

8.2

8.3

of which: Semi-skimmed

7.8

27.4

47.7

51.7

48.4

47.8

48.2

50.7

52.4

Yoghurt and fromage frais

4.4

5.8

7.5

8.4

8.0

8.5

9.2

9.7

10.5

Other milks and dairy desserts

0.4

1.2

2.3

3.5

4.0

4.9

5.1

4.6

4.9

125.5

116.2

116.7

112.5

105.7

104.3

106.1

103.8

105.4

TOTAL MILK & MILK PRODUCTS CHEESE

Expenditure & Food Survey 1 April - 31 March Basis

5.8

5.9

5.6

5.7

5.8

5.9

5.7

6.0

18.6

15.7

12.2

11.9

12.0

11.7

11.9

11.7

of which: Beef and veal

8.7

7.0

5.7

5.9

6.1

6.2

6.4

6.3

of which: Mutton and lamb

4.8

4.3

2.8

2.6

2.8

CARCASS MEAT

of which: Pork

5.1

4.4

3.7

3.5

3.2

2.9

2.7

Bacon and ham, uncooked

5.3

4.3

3.9

3.6

3.5

3.6

3.7

3.5

Chicken, uncooked - whole chicken or chicken pieces

7.6

8.5

8.6

8.8

8.9

8.6

8.7

8.6

9.5

Turkey, uncooked - whole turkey or turkey pieces

1.0

1.2

1.4

1.0

1.7

1.5

1.4

1.2

Sausages, uncooked - pork

2.2

1.8

2.3

2.7

2.8

3.0

3.2

3.0

Sausages, uncooked - beef and other sausages

2.6

2.0

1.3

0.7

0.6

0.4

0.3

Meat pies and sausage rolls, ready to eat

1.1

0.9

1.1

1.2

2.3

2.6

1.8

1.7

1.2

Meat pies, pasties and puddings, frozen or not frozen

1.3

1.7

1.6

1.8

1.6

2.3

2.2

2.7

Burgers, frozen or not frozen

1.5

1.4

1.5

1.2

1.1

1.2

1.1

1.0

Ready meals and convenience meat products

3.5

4.1

5.5

7.8

7.5

8.2

8.1

7.9

37.0

36.3

39.1

40.5

42.2

42.6

43.5

42.6

42.7

Non-carcase meat and meat products Source: Food & Expenditure Survey 2005-06

ÂŠ Simon Mounsey Ltd 2007

Average UK Retail Purchase Prices for Selected Livestock Products

Pence/kg

1985

1990

1995

2000

2001-02

2002-03

2003-04

2004-05

2005-06

except for Milk and Milk Products (Pence/litre or litre equivalent)

Adjusted National Feed Survey Calendar Year Basis

Liquid wholemilk, full price

39.2

51.2

53.9

52.0

50.5

52.0

53.2

52.8

55.1

Semi-skimmed milk

37.4

51.6

52.4

51.7

49.9

51.3

51.7

53.5

55.5

114.1

170.0

188.0

194.8

197.4

197.6

198.0

207.1

204.8

n.a.

284.8

275.3

260.0

263.0

269.0

268.4

271.0

Hard Cheddar-type cheese

270.3

345.8

429.9

467.5

471.2

484.7

486.1

516.6

520.7

Soft natural cheese: e.g. Brie

318.5

403.2

624.7

635.4

648.6

647.5

648.4

654.5

636.2

Beef

354.0

430.7

487.7

484.4

476.1

483.0

506.9

519.4

523.1

Mutton & Lamb

274.2

346.8

413.9

439.2

467.2

487.6

537.0

509.2

536.3

Pork

263.7

345.2

349.0

417.7

391.1

401.1

424.7

438.9

437.1

Bacon and ham, uncooked

285.0

395.6

426.8

490.4

539.9

526.5

529.9

528.4

518.8

Chicken, uncooked - whole chicken or chicken pieces

173.2

237.0

246.9

289.2

300.1

309.3

345.5

344.3

336.8

Other poultry, uncooked (including frozen)

211.3

239.3

263.8

322.6

336.1

347.0

355.9

392.5

386.2

Turkey, uncooked - whole turkey or turkey pieces

209.4

234.5

256.6

309.0

335.3

341.9

356.2

395.3

379.5

Sausages, uncooked - pork

180.6

237.9

256.8

270.3

285.9

287.6

293.5

302.6

316.5

Sausages, uncooked - beef and other sausages

160.3

204.2

202.9

234.0

247.9

265.5

242.0

287.2

284.6

Yoghurt Fromage frais

Expenditure & Food Survey 1 April - 31 March Basis

Source: Derived from Family Food Survey - Volumes purchased for Household Consumption / Expenditure

ÂŠ Simon Mounsey Ltd 2007

EU-15 Production of All Compound Feedingstuffs

1983

1996

2000

2001

2002

2003

2004

2005

2006

Thousand Tonnes

Proportion of 2006 total

France

15,202

21,469

22,590

22,786

22,246

22,089

21,805

21,475

21,136

17.0

Germany

17,726

19,334

19,636

19,474

19,695

20,009

20,139

19,449

20,034

16.1

United Kingdom

12,234

14,821

13,647

13,998

13,674

13,718

14,085

13,772

14,242

11.4

Netherlands

15,417

15,628

14,655

14,251

13,349

12,846

13,078

12,979

13,155

10.6

Italy

11,252

11,500

11,322

11,702

12,960

13,033

13,607

13,325

13,025

10.5

Belgium

5,072

5,800

6,303

6,365

6,291

6,150

6,347

5,994

5,967

4.8

Denmark

4,528

5,741

6,128

6,045

5,782

5,562

5,630

5,329

5,205

4.2

Ireland

2,061

3,156

3,503

3,561

3,808

3,695

3,545

3,580

3,918

3.1

EC-9

83,492

97,449

97,784

98,182

97,805

97,102

98,236

95,903

96,682

77.7

Spain

12,461

14,980

16,820

18,486

19,648

19,425

20,339

20,988

19,775

15.9

2,950

3,956

3,832

3,848

3,938

3,778

3,794

3,799

3,440

2.8

98,903 116,385 118,436 120,516 121,391 120,305 122,369 120,690 119,897

96.3

Portugal EU-12 Sweden

2,261

2,510

2,265

2,312

2,264

2,218

2,139

2,091

2,054

1.7

Finland

1,290

1,161

1,295

1,320

1,368

1,398

1,414

1,452

1,417

1.1

Austria

999

898

911

921

968

1,001

1,015

1,018

1,081

0.9

103,453 120,954 122,907 125,069 125,991 124,922 126,937 125,251 124,449

100

EU-15

Source: Derived from FEFAC data. Data does not include Milk Replacers The former German Democratic Republic is included in figures for Germany from 1991 onwards ÂŠ Simon Mounsey Ltd 2007

EU-15 Production of Cattle & Calf Compounds

1983

1996

2000

2001

2002

2003

2004

2005

2006

Thousand Tonnes

Proportion of 2006 total

Germany

7,787

8,108

7,029

6,656

6,620

6,717

6,544

5,959

5,970

16.6

United Kingdom

5,960

4,702

4,214

4,554

4,443

4,743

4,651

4,435

4,861

13.5

France

3,975

4,170

4,379

4,470

4,235

4,459

4,311

4,471

4,778

13.3

Italy

3,714

3,784

3,680

3,651

3,861

3,919

4,306

4,100

4,110

11.4

Netherlands

5,821

3,804

3,541

3,449

3,306

3,388

3,320

3,178

3,250

9.0

Ireland

1,244

1,714

1,926

1,963

2,144

2,101

1,965

1,982

2,315

6.4

Belgium

1,455

1,142

1,165

1,163

1,046

1,074

1,141

1,040

1,092

3.0

Denmark

1,988

1,517

1,506

1,394

1,302

1,274

1,249

1,090

1,124

3.1

31,944

28,941

27,440

27,300

26,957

27,675

27,487

26,255

27,500

76.5

2,637

3,150

3,500

4,748

5,246

5,050

5,504

6,197

5,400

15.0

668

1,090

1,130

1,080

1,070

1,060

1,010

1,100

910

2.5

35,249

33,181

32,070

33,128

33,273

33,785

34,001

33,552

33,810

94.0

Sweden

930

1,220

1,223

1,238

1,224

1,197

1,163

1,138

1,100

3.1

Finland

380

472

651

652

664

654

669

704

671

1.9

Austria

162

202

260

287

304

327

342

352

390

1.1

36,721

35,075

34,204

35,305

35,465

35,963

36,175

35,746

35,971

100.0

EC-9 Spain Portugal EU-12

EU-15

Source: Derived from FEFAC data. Data does not include Milk Replacers The former German Democratic Republic is included in figures for Germany from 1991 onwards ÂŠ Simon Mounsey Ltd 2007

EU-15 Production of Pig Compounds

1983

1996

2000

2001

2002

2003

2004

2005

2006

Thousand Tonnes

Proportion of 2006 total

Germany

6,173

6,245

7,075

7,120

7,291

7,444

7,594

7,479

8,142

19.1

France

4,632

6,663

6,872

7,016

6,964

6,814

6,670

6,445

6,302

14.8

Netherlands

6,256

7,459

6,001

5,762

5,309

5,227

5,120

5,378

5,600

13.1

Denmark

1,900

3,429

3,804

3,874

3,702

3,518

3,571

3,471

3,329

7.8

Belgium

2,540

3,454

3,616

3,456

3,509

3,457

3,456

3,425

3,387

7.9

Italy

2,612

2,414

2,470

2,718

2,709

2,757

2,932

2,900

2,950

6.9

United Kingdom

2,292

2,566

2,142

1,988

1,836

1,593

1,648

1,613

1,666

3.9

474

685

710

736

748

687

630

625

608

1.4

26,879

32,915

32,690

32,670

32,068

31,497

31,621

31,336

31,984

75.0

Spain

4,098

6,530

8,270

7,733

8,137

8,235

8,535

8,713

8,690

20.4

Portugal

1,196

1,300

1,150

1,180

1,260

1,225

1,190

1,090

1,025

2.4

32,173

40,745

42,110

41,583

41,465

40,957

41,346

41,139

41,699

97.8

Sweden

803

700

492

510

500

491

445

413

380

0.9

Finland

450

322

293

318

349

346

359

360

0.8

Austria

345

229

204

196

218

216

219

202

219

0.5

33,771

41,996

43,099

42,582

42,501

42,013

42,356

42,113

42,658

100.0

Ireland EC-9

EU-12

EU-15

Source: Derived from FEFAC data. Data does not include Milk Replacers The former German Democratic Republic is included in figures for Germany from 1991 onwards ÂŠ Simon Mounsey Ltd 2007

EU-15 Production of Poultry Compounds

1983

1996

2000

2001

2002

2003

2004

2005

2006

Thousand Tonnes

% Change 2005-2006

Proportion of 2006 total

France

5,296

9,136

9,759

9,709

9,443

9,238

9,245

8,991

8,491

-5.6

23.05

United Kingdom

3,532

6,291

6,037

6,241

6,248

6,159

6,436

6,279

6,110

-2.7

16.59

Germany

3,272

4,136

4,791

4,995

5,068

5,075

5,209

5,235

5,265

0.6

14.29

Italy

4,173

4,272

3,966

4,253

5,176

5,043

5,394

5,350

4,950

-7.5

13.44

Netherlands

3,102

3,581

3,598

3,466

3,296

2,745

3,080

3,426

3,300

-3.7

8.96

Belgium

952

1,055

1,310

1,468

1,436

1,313

1,450

1,298

1,268

-2.3

3.44

Denmark

522

651

696

670

650

617

672

614

598

-2.6

1.62

Ireland

278

468

493

479

493

485

488

491

454

-7.5

1.23

21,127

29,590

30,650

31,281

31,810

30,675

31,974

31,684

30,436

-3.9

82.63

4,494

4,100

4,050

4,388

4,559

4,425

4,578

4,351

3,959

-9.0

10.75

977

1,330

1,340

1,390

1,400

1,280

1,360

1,350

1,280

-5.2

3.48

26,598

35,020

36,040

37,059

37,769

36,380

37,912

37,385

35,675

-4.6

96.86

Sweden

500

540

500

514

491

480

510

488

480

-1.6

1.30

Austria

387

399

370

382

386

394

387

384

387

0.8

1.05

Finland

260

222

248

278

295

307

306

297

291

-2.0

0.79

27,745

36,181

37,158

38,233

38,941

37,561

39,115

38,554

36,833

-4.5

100.00

EC-9 Spain Portugal EU-12

EU-15 Source: Derived from FEFAC data.

The former German Democratic Republic is included in figures for Germany from 1991 onwards ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Germany

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

7,787

8,108

7,029

6,656

6,620

6,717

6,544

5,959

5,970

0.2

Pig Compounds

6,173

6,245

7,075

7,120

7,291

7,444

7,594

7,479

8,142

8.9

Total Poultry Compounds

3,272

4,136

4,791

4,995

5,068

5,075

5,209

5,235

5,265

0.6

494

599

551

529

549

606

633

635

547

-13.9

17,726 19,088 19,446 19,300 19,528 19,842 19,980 19,308 19,924

3.2

All Other Compounds Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds

Source: FEFAC & EU Data. Excludes Milk Replacers The former German Democratic Republic is included in figures for Germany from 1991 onwards ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in France

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

3,975

4,170

4,379

4,470

4,235

4,459

4,311

4,471

4,778

6.9

Pig Compounds

4,632

6,663

6,872

7,016

6,964

6,814

6,670

6,445

6,302

-2.2

Total Poultry Compounds

5,296

9,136

9,759

9,709

9,443

9,238

9,245

8,991

8,491

-5.6

All Other Compounds

1,299

1,500

1,580

1,591

1,604

1,578

1,579

1,568

1,565

-0.2

15,202 21,469 22,590 22,786 22,246 22,089 21,805 21,475 21,136

-1.6

Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds

Source: FEFAC & EU Data. Excludes Milk Replacers

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Italy

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

3,714

3,784

3,680

3,651

3,861

3,919

4,306

4,100

4,110

0.2

Pig Compounds

2,612

2,414

2,470

2,718

2,709

2,757

2,932

2,900

2,950

1.7

Total Poultry Compounds

4,173

4,272

3,966

4,253

5,176

5,043

5,394

5,350

4,950

-7.5

753

1,030

1,206

1,080

1,214

1,314

975

1,015

4.1

11,252 11,500 11,322 11,702 12,960 13,033 13,607 13,325 13,025

-2.3

All Other Compounds Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds

Source: FEFAC & EU Data. Excludes Milk Replacers

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Netherlands

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

5,821

3,804

3,541

3,449

3,306

3,388

3,320

3,178

3,250

2.3

Pig Compounds

6,256

7,459

6,001

5,762

5,309

5,227

5,120

5,378

5,600

4.1

Total Poultry Compounds

3,102

3,581

3,598

3,466

3,296

2,745

3,080

3,426

3,300

-3.7

238

784

741

864

772

796

830

269

275

2.2

15,417 15,628 13,881 13,541 12,683 12,156 12,350 12,251 12,425

1.4

All Other Compounds Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds

Source: FEFAC & EU Data. Excludes Milk Replacers

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Belgium

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

1,455

1,142

1,165

1,163

1,046

1,074

1,141

1,040

1,092

5.0

Pig Compounds

2,540

3,454

3,616

3,456

3,509

3,457

3,456

3,425

3,387

-1.1

Total Poultry Compounds

952

1,055

1,310

1,468

1,436

1,313

1,450

1,298

1,268

-2.3

All Other Compounds

125

149

159

225

247

254

250

129

130

0.8

5,072

5,800

6,250

6,312

6,238

6,098

6,297

5,892

5,877

-0.3

Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds

Source: FEFAC & EU Data. Excludes Milk Replacers

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Ireland

1983

1996

2000

2001

2002

2003

2004

2005

2006

Thousand Tonnes Cattle & Calf Compounds

% Change 2005-2006

1,244

1,714

1,926

1,963

2,144

2,101

1,965

1,982

2,315

16.8

Pig Compounds

474

685

710

736

748

687

630

625

608

-2.7

Total Poultry Compounds

278

468

493

479

493

485

488

491

454

-7.5

289

367

375

413

452

474

531

12.0

2,061

3,156

3,496

3,553

3,798

3,686

3,535

3,572

3,908

9.4

All Other Compounds Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds

Source: FEFAC & EU Data. Excludes Milk Replacers

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Denmark

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

1,988

1,517

1,506

1,394

1,302

1,274

1,249

1,090

1,124

3.1

Pig Compounds

1,900

3,429

3,804

3,874

3,702

3,518

3,571

3,471

3,329

-4.1

Total Poultry Compounds

522

651

696

670

650

617

672

614

598

-2.6

All Other Compounds

118

144

117

107

128

153

138

154

0.0

4,528

5,741

6,123

6,045

5,782

5,562

5,630

5,329

5,205

-2.3

Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds

Source: FEFAC & EU Data. Excludes Milk Replacers

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Spain

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

2,637

3,150

3,500

4,748

5,246

5,050

5,504

6,197

5,400

-12.9

Pig Compounds

4,098

6,530

8,270

7,733

8,137

8,235

8,535

8,713

8,690

-0.3

Total Poultry Compounds

4,494

4,100

4,050

4,388

4,559

4,425

4,578

4,351

3,959

-9.0

All Other Compounds

1,232

1,200

1,000

1,617

1,706

1,715

1,722

1,727

1,726

-0.1

12,461 14,980 16,820 18,486 19,648 19,425 20,339 20,988 19,775

-5.8

Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

All Other Compounds

100

Total Compounds

Source: FEFAC & EU Data. Excludes Milk Replacers

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Portugal

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

668

1,090

1,130

1,080

1,070

1,060

1,010

1,100

910

-17.3

1,196

1,300

1,150

1,180

1,260

1,225

1,190

1,090

1,025

-6.0

Total Poultry Compounds

977

1,330

1,340

1,390

1,400

1,280

1,360

1,350

1,280

-5.2

All Other Compounds

109

236

212

198

208

213

234

259

225

-13.1

2,950

3,956

3,832

3,848

3,938

3,778

3,794

3,799

3,440

-9.4

Pig Compounds

Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds

Source: FEFAC & EU Data. Excludes Milk Replacers

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Austria

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

162

202

260

287

304

327

342

352

390

10.8

Pig Compounds

345

229

204

196

218

216

219

202

219

8.4

Total Poultry Compounds

387

399

370

382

386

394

387

384

387

0.8

All Other Compounds

105

6.3

Total Compounds

999

894

907

919

968

1,001

1,015

1,018

1,081

6.2

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

All Other Compounds

100

Total Compounds

Source: FEFAC & EU Data. Excludes Milk Replacers

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Sweden

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

930

1,220

1,223

1,238

1,224

1,197

1,163

1,138

1,100

-3.3

Pig Compounds

803

700

492

510

500

491

445

413

380

-8.0

Total Poultry Compounds

500

540

500

514

491

480

510

488

480

-1.6

80.8

2,261

2,510

2,265

2,312

2,264

2,218

2,139

2,091

2,054

-1.8

All Other Compounds Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds

Source: FEFAC & EU Data. Excludes Milk Replacers

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Finland

1983

1996

2000

2001

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

380

472

651

652

664

654

669

704

671

-4.7

Pig Compounds

450

322

293

318

349

346

359

360

0.3

Total Poultry Compounds

260

222

248

278

295

307

306

297

291

-2.0

All Other Compounds

200

145

103

3.3

1,290

1,161

1,295

1,320

1,368

1,398

1,414

1,452

1,417

-2.4

Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

All Other Compounds

100

Total Compounds

Source: FEFAC & EU Data. Excludes Milk Replacers

ÂŠ Simon Mounsey Ltd 2007

The 'Ten' Entrants of 2004

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

Thousand Tonnes

% Change 2005 - 2006

Poland

4,265

4,028

3,928

4,270

4,598

4,741

5,559

5,464

5,276

5,800

9.9

Hungary

4,995

5,850

5,577

5,288

5,564

5,610

5,123

4,759

4,500

4,465

-0.8

Czech Republic

3,113

3,430

3,302

3,362

3,599

3,206

3,132

3,047

2,864

2,810

-1.9

Slovak Republic

1,474

1,268

1,127

1,318

1,249

1,344

1,279

1,082

1,002

1,066

6.4

Slovenia

473

482

495

526

504

503

501

484

474

-2.1

Lithuania

415

343

231

261

240

236

273

289

311

7.6

Cyprus

n.a.

303

297

299

297

234

220

245

249

1.6

Estonia

172

199

182

187

212

221

206

226

222

213

-4.1

Latvia

478

506

196

169

173

200

233

238

157

160

1.9

Source: FEFAC and National Data. No data is available for Malta ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Czech Republic

1997

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

342

577

498

494

560

580

3.6

Pig Compounds

1,370

1,411

1,475

1,341

1,242

1,280

3.1

Total Poultry Compounds

1,277

1,090

1,038

1,125

977

870

-11.0

124

128

121

-5.9

3,113

3,206

3,132

3,047

2,864

2,810

-1.9

All Other Compounds Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds Source: FEFAC & EU Data

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Estonia

1997

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

-6.1

Pig Compounds

102

120

130

8.3

Total Poultry Compounds

1.8

0.0

172

199

182

187

212

221

4.2

All Other Compounds Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds Source: FEFAC & EU Data

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Hungary

1997

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

583

641

686

575

558

552

-1.1

Pig Compounds

2,355

2,613

2,275

2,090

1,980

2,039

3.0

Total Poultry Compounds

1,916

2,142

1,980

1,906

1,771

1,683

-5.0

141

214

182

188

191

0.0

4,995

5,610

5,123

4,759

4,500

4,465

-0.8

All Other Compounds Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds Source: FEFAC & EU Data

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Latvia

1997

2002

2003

2004

2005

2006

Thousand Tonnes

% Change 2005-2006

Cattle & Calf Compounds

201

10.5

Pig Compounds

152

1.1

Total Poultry Compounds

114

102

0.0

All Other Compounds

0.0

478

200

233

238

157

160

1.9

Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds Source: FEFAC & EU Data

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Lithuania

1997

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

33.3

Pig Compounds

170

131

105

114

103

5.1

Total Poultry Compounds

228

123

150

168

177

5.4

50.0

415

240

236

273

289

311

7.6

All Other Compounds Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds Source: FEFAC & EU Data

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Poland

1997

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

231

327

365

421

505

20.0

Pig Compounds

1,773

999

1,352

1,167

1,082

1,295

19.7

Total Poultry Compounds

2,389

3,269

3,450

3,667

3,474

3,700

6.5

242

430

265

299

300

0.3

4,265

4,741

5,559

5,464

5,276

5,800

9.9

All Other Compounds Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds Source: FEFAC & EU Data

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Slovakia

1997

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

231

291

281

259

262

274

4.6

Pig Compounds

835

614

603

473

394

422

7.1

Total Poultry Compounds

390

424

377

334

358

7.2

0.0

1,474

1,344

1,279

1,082

1,002

1,066

6.4

All Other Compounds Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds Source: FEFAC & EU Data

ÂŠ Simon Mounsey Ltd 2007

Compound Feed Output in Slovenia

1997

2002

2003

2004

2005

2006

% Change 2005-2006

Thousand Tonnes Cattle & Calf Compounds

106

114

129

130

0.8

Pig Compounds

142

129

136

141

113

110

-2.7

Total Poultry Compounds

241

228

244

232

233

225

-3.4

0.0

473

504

503

501

484

474

-2.1

All Other Compounds Total Compounds

Percentage by Product Group Cattle & Calf Compounds

Pig Compounds

Total Poultry Compounds

100

All Other Compounds Total Compounds Source: FEFAC & EU Data

ÂŠ Simon Mounsey Ltd 2007

EU-9 Production of Milk Replacers

1983

1996

2000

2001

2002

2003

2004

2005

2006

Thousand Tonnes

Proportion of 2006 total

Netherlands

577

745

774

710

666

690

728

730

46.1

France

921

534

519

499

512

488

485

487

449

28.3

Italy

266

175

200

175

186

172

175

11.0

Germany

363

246

190

174

167

159

141

110

6.9

Belgium

102

5.7

United Kingdom

1.3

Ireland

0.6

2,282

1,781

1,758

1,633

1,608

1,594

1,622

1,656

1,585

100

EC-9 Source: Derived from FEFAC & EU Data.

The former German Democratic Republic is included in figures for Germany from 1991 onwards ÂŠ Simon Mounsey Ltd 2007

Distribution of Feed Manufacturing Businesses by Government Office Region 2007 North East East Midlands Scotland Wales South East East Northern Ireland South West West Midlands Yorkshire & Humberside North West 0

Compound Feed Production ‐ Great Britain September ‐ August

4,000 3,718 3,523

3,500

3,000

2,525 2,513

Thousand Tonnes

2,500

2,000

1,523

1,589

1,500

1,000 748

700 495

500 144

522

156

153

152

0 Calf Feed

Cattle Feed

2005 ‐ 2006

Pig Feed

Poultry Feed

Sheep Feed Miscellaneous

Lightly Processed Feedingstuffs

Cattle & Calf Feed Production ‐ Great Britain Latest Twelve Months 450

400

350

Thousand Tonnes

300

250

200

150

100

0 Sep

Oct

Nov

Dec

Jan

2005 ‐ 2006

Feb

Mar

Apr

May

Jun

Jul

Aug

Pig Feed Production ‐ Great Britain Latest Twelve Months 160

140

120

Thousand Tonnes

100

0 Sep

Oct

Nov Dec 2005 ‐ 2006

Jan

Feb

Mar

Apr May 2006 ‐ 2007

Jun

Jul

Retail Poultry Feed Production ‐ Great Britain Latest Twelve Months 250

200

Thousand Tonnes

150

100

0 Sep

Oct

Nov

Dec

2005 ‐ 2006

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sheep & Lamb Feed Production ‐ Great Britain Latest Twelve Months

180

160

140

Thousand Tonnes

120

100

0 Sep

Oct

Nov

Dec

2005 ‐ 2006

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Compound Feed Production – Great Britain June ‐ August

900

793

800

791

693

700

669

Thousand Tonnes

600

500 410 386

400

300

200 138 117

100

83 31

77 34

0 Calf Feed

Cattle Feed

2006

Pig Feed

Poultry Feed

Sheep Feed Miscellaneous

Lightly Processed Feedingstuffs

Compound Feed Production – Northern Ireland July ‐ June 1,000 953 920

900

800

700

Thousand Tonnes

633

634

600

500

400

300

200 124

137

100

66 40

0 Calf Feed

Cattle Feed

2005‐2006

Pig Feed

Poultry Feed

Sheep Feed

Lightly Processed Feedingstuffs

Cattle & Calf Feed Production ‐ Northern Ireland Latest Twelve Months 120

100

Thousand Tonnes

0 Jul

Aug

Sep

Oct

2005‐2006

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Pig Feed Production ‐ Northern Ireland Latest Twelve Months 14

Thousand Tonnes

0 Jul

Aug

Sep

Oct

2005‐2006

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Poultry Feed Production ‐ Northern Ireland Latest Twelve Months 70

Thousand Tonnes

0 Jul

Aug

Sep

Oct

2005‐2006

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Sheep & Lamb Feed Production ‐ Northern Ireland Latest Twelve Months 14

Thousand Tonnes

0 Mar

Apr

May

Jun

Jul

2005‐2006

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Measure of Last Twelve Months World Wheat Prices 400

350

$ / Tonne

300

250

200

150 US Hard Red Winter Wheat US Soft Red Winter Wheat 100 Sep 2006

Oct 2006

Nov 2006

Dec 2006

Jan 2007

Feb 2007

Mar 2007

Apr 2007

May 2007

Jun Jul 2007 Aug 2007 2007

Sep 2007

Measure of Last Twelve Months World Maize Prices 190

180

170

$ / Tonne FOB US GULF

160

150

140

130

120 US No 3 Yellow Corn FOB Gulf Argentine Maize FOB Up River 110

100 Jun Jul 2006 Aug 2006 2006

Sep 2006

Oct 2006

Nov 2006

Dec Jan 2007 Feb 2006 2007

Mar 2007

Apr 2007

May 2007

Exchange Rate of US Dollar and Euro against Sterling 1.51

2.05

1.50

2.00

1.49 1.95 1.48

1.47

Euro / £

US $ / £

1.90

1.85 1.46 1.80 1.45

1.75

US Dollars / Sterling

1.44

Euro / Sterling 1.70

1.43

'Official' Interest Rate ‐ at which the Bank of England lends to Financial Institutions Average of Calendar Months 6.50

6.00

5.50

5.00

4.50

4.00

3.50

3.00 Jan 00 Jul 00 Jan 01 Jul 01 Jan 02 Jul 02 Jan 03 Jul 03 Jan 04 Jul 04 Jan 05 Jul 05 Jan 06 Jul 06 Jan 07 Jul 07