1. What do the figures hid FEATHERS AND SCALES: There are Parallels For the 2011 Ridley Aqua-Feed Prawn & Barramundi Conference 3rd – 5 th August 2011 Darling Harbour, Sydney NSW

2. Vertical Integration Integrator/Processor controls chain through direct ownership or contractors. Genetics through to distribution Processor supplies day-old chickens, feed, technical advice and pickup of birds for processing. Contract growers provide 45% of the capital for shedding and land to grow birds to market age. Growers also resposible for energy costs (gas and electricity) and management.

5. Distribution by state NSW (%)VIC (%)QLD (%)SA (%)WA (%)TAS (%)Total (2010) Percentage of total slaughterings 31.826.520.711.08.71.3 512.1 million chickens Percentage of total chicken meat produced 33.327.219.110.98.31.2 924, 675 tonnes

11. Vertical Integration Genetics – Ability to fairly rapidly change genetics. Target specific characteristics. Feed Conversion Growth rate Yield Anatomical factors.

12. Vertigal Integration Control over feed formulation (own mill or custom ) Marketing Financial investment – share the risk. On Farm Systems QA

13. What do the figures hid Gary Sansom President Queensland Farmers Federation 07 3837 4747 qfarmers@qff.org.au