1. THE MAIZE TRUST Leon du Plessis L&L Agricultural Services Administrators The Maize Trust /The Sorghum Trust NAMC Ministerial Workshop Agricultural Trusts - 8 March 2012

2. BACKGROUND TO TRUST LONG NEGOTIATIONS ON CLOSURE OF CONTROL BOARDS IN MID 1990’S FINALLY A FIRM AGREEMENT BETWEEN MAIZE INDUSTRY AND GOVERNMENT TRUST FORMED IN 1998 – CONSENSUS ON DEED, OBJECTIVES AND COMPOSITION OF TRUSTEES LATER MAP ACT ALLOWED ALSO SECTION 21 COMPANIES AND OTHER ENTITIES AND NOT ONLY TRUSTS MAIZE BOARD ASSETS TRANSFERRED TO AND UTILISED BY MAIZE TRUST FOR BENEFIT OF INDUSTRY AS A WHOLE The Maize Trust /The Sorghum Trust NAMC Ministerial Workshop Agricultural Trusts - 8 March 2012

3. OPERATIONS OF TRUST THREE OBJECTIVES: 1. PRODUCTION AND MARKET RESEARCH 2. MARKET INFORMATION – COLLECTION/DISSEMINATION 3. TRANSFORMATION AND MARKET ACCESS The Maize Trust /The Sorghum Trust NAMC Ministerial Workshop Agricultural Trusts - 8 March 2012

4. OPERATIONS OF TRUST CAREFUL BALANCE OF FUNDING BETWEEN DIFFERENT INDUSTRY REQUIREMENTS FUNDING TESTED AND EVALUATED OVER NEARLY 15 YEARS OF TRUST’S EXISTENCE TRUST UTILISES INVESTMENT INCOME ONLY: THERE IS NO LEVIES ON MAIZE The Maize Trust /The Sorghum Trust NAMC Ministerial Workshop Agricultural Trusts - 8 March 2012

5. FUNDING MODEL AND EXPENSES The Maize Trust /The Sorghum Trust NAMC Ministerial Workshop Agricultural Trusts - 8 March 2012 Available Funds R51 million annually = 100% Administration 8.8% Research Projects 37.2% Market Information 20.6% Transformation Initiatives 32.0% Bursaries & Other 1.4%

6. FUNDING MODEL AND EXPENSES The Maize Trust /The Sorghum Trust NAMC Ministerial Workshop Agricultural Trusts - 8 March 2012 Research Projects R19.0 million = 37.2% Conservation Agriculture R6.0 million = 31.6% Production Research R5.0 million = 26.3% Mycotoxin Research R4.5 million = 23.7% Crop Quality Projects R3.5 million = 18.4%

7. FUNDING MODEL AND EXPENSES The Maize Trust /The Sorghum Trust NAMC Ministerial Workshop Agricultural Trusts - 8 March 2012 Transformation Initiatives R16.3 million = 32.0% Training R5.0 million = 30.7% Study Groups/Support Service R4.7 million = 28.8% Communication & Trial Plots R3.9 million = 23.9 % GFADA Projects R2.5 million = 15.0% Farmer of the Year R0.25 million = 1.6%

8. TRANSFORMATION BREAKDOWN BLACK EMERGING FARMER TRAINING: DONE BY MORE THAN ONE SERVICE PROVIDER PROVIDERS HAVE DIFFERENT APPROACHES TO TRAINING ACCREDITED TRAINING COURSES FOLLOW-UP PROGRAMMES TO ASSIST FARMERS The Maize Trust /The Sorghum Trust NAMC Ministerial Workshop Agricultural Trusts - 8 March 2012

9. TRANSFORMATION BREAKDOWN STUDY GROUPS/SUPPORT SERVICES: EMERGING FARMER STUDY GROUPS ARE FORMED AND SUPPORTED (3607 MEMBERS) REGULAR MEETINGS HELD AND TRANSFER OF INFORMATION DONE STUDY GROUPS EXIST ON NATIONAL BASIS FARMERS ASSISTED ON PRODUCTION AND MARKETING MATTERS 58 MEMBERS IN 250 TON CLUB AND 120 BLACK ADVANCED FARMERS The Maize Trust /The Sorghum Trust NAMC Ministerial Workshop Agricultural Trusts - 8 March 2012

10. TRANSFORMATION BREAKDOWN COMMUNICATION /TRIAL PLOTS: TRIAL PLOTS ON NATIONAL BASIS IN MAJOR MAIZE PRODUCING AREAS REGULAR RADIO PROGRAMMES AND NEWSLETTERS TO EMERGING FARMERS COMMUNICATIONS IN RELEVANT LANGUAGES IN ALL REGIONS INFORMATION PROVIDED ON PRODUCTION AND MARKETING MATTERS The Maize Trust /The Sorghum Trust NAMC Ministerial Workshop Agricultural Trusts - 8 March 2012

11. TRANSFORMATION BREAKDOWN GFADA PROJECTS: MAIN FOCUS ON SOIL CORRECTION, INSURANCE PREMIUMS AND MENTORSHIP AIM TO BE MORE INCLUSIVE AND TO ALLOW PROPER CROP ROTATION FORMED IN 2008 BY GRAIN TRUSTS AND INDUSTRY STAKEHOLDERS 3 RD ROUND OF SUBMISSIONS CONSIDERED IN FEBRUARY 2012 The Maize Trust /The Sorghum Trust NAMC Ministerial Workshop Agricultural Trusts - 8 March 2012

12. TRANSFORMATION BREAKDOWN FARMER OF THE YEAR: ANNUAL ACKNOWLEDGEMENT OF BLACK FARMER OF THE YEAR WELL SUPPORTED BY EMERGING FARMERS ANNUAL WINNER SERVES AS INSPIRATION TO OTHER FARMERS PAST WINNERS WERE EXPOSED TO INTERNATIONAL INDUSTRIES The Maize Trust /The Sorghum Trust NAMC Ministerial Workshop Agricultural Trusts - 8 March 2012

13. QUESTIONS? THANK YOU THE END The Maize Trust /The Sorghum Trust NAMC Ministerial Workshop Agricultural Trusts - 8 March 2012