For the third consecutive year, Fertilizantes Heringer participated in the Rally da Safra (Harvest Rally) as a sponsor, as well as providing technicians that accompanied the teams as they traveled throughout the various regions of the country. The Company considers it an honor to be able to take part in a project that is so important to the Brazilian agribusiness sector, one that showcases how Brazilian agriculture continues to make gains relative to the world market by developing and utilizing new technologies designed to increase the quality and yield of our crops. Heringer has been helping Brazilian farmers by providing technology and quality for 43 years. Fertilizantes Heringer – “Proud to be Brazilian” The results of the 2011 Rally da Safra are summarized below: Brazilian harvest sets volume and productivity records 2011 Rally da Safra turns ups historic levels of production in practically all of Brazil’s farming regions According to the 2011 Rally da Safra (Harvest Rally), the principle private survey of Brazilian corn and soybean production, the 2010/2011 harvest was marked by the strong performance of the early-cycle soybean crop in the Midwestern region, high productivity in the states of Paraná and Rio Grande do Sul and the expectation of positive results in those of Maranhão, Piauí, Tocantins and Bahia. The results of the expedition, which came to an end Sunday, March 27, indicate for the first time in the history of Brazilian agribusiness a record soybean yield of better than 50 sack per hectare (in 2009/10, the rate was 49 sacks/hectare) and very good profitability. The soybean crop totaled 72.7 million tons, versus 68.9 million the previous harvest. The corn crop yielded 34.8 million tons, compared to 34 million tons in the previous harvest. Paraná State provided the best numbers overall, with a yield of 54 sacks per hectare, the highest soybean production yield in the country, according to André Pessôa, the Rally’s general coordinator and director of Agroconsult, which put on the expedition. Rio Grande do Sul State, which produced a yield of 46.3 sacks per hectare, is recording the highest productivity level in its history. The harvest has not concluded in the region encompassing the states of Maranhão, Piauí, and Tocantins (known as MAPITO) and Bahia. However, excellent results are also expected, according to the assessment carried out during the Rally. “The conditions seen in those four states left us feeling optimistic, and we predict very high productivity levels,” Pessôa added. The Rally did turn up a few negative points, including the excessive rains that affected the mid- and late-cycle harvests of soybeans in the Midwestern region, particularly in Mato Grosso do Sul State, and in the Southeastern region, in Minas Gerais State. To a lesser extent, rain also affected efforts in southern and western Mato Grosso State and in Goiás State. “This will lead to two kinds of adjustments in the final estimate: one regarding productivity, because in those states the rates were adjusted downward, and another in terms of profitability, which also dropped due to the high proportion of burnt grains that represent deep discounts to the price paid to producers. Despite these adjustments to volume and product price, it is still a very profitable harvest, among the most profitable on record,” the Rally’s general coordinator said. Transgenic Crops The share of transgenic varieties in the harvest increased, according to the assessments carried out by the Rally teams: the transgenics share of the soybean crop rose from 72% in the 2009/10 harvest to 86% in 2010/11. In the summer corn crop, the figure increased dramatically, from 45% to 83%. Post-harvest losses, assessed for the first time by the expedition, averaged 4%, equal to 2 sacks per hectare. Overall, throughout the entire country, 2.9 million tons of soybeans were not adequately harvested. Corn Although planted area has not increased, the summer corn harvest was greater than initially estimated and higher than that of last year, according to Rally figures. The Southeastern region and western Bahia State stood out in terms of productivity, with Paraná State expected to post a record yield of 131.4 sacks per hectare. Organization Between January 31 and March 27, the expedition’s 10 teams traveled more than 55 thousand kilometers and collected more than 1.4 thousand samples from the primary soybean and corn production poles in the Federal District and 11 states: Mato Grosso, Mato Grosso do Sul, Goiás, Minas Gerais, Paraná, Santa Catarina, Rio Grande do Sul, Bahia, Tocantins, Piauí and Maranhão. These states account for 97% and 70% of the cultivated areas for Brazil’s soybean and corn crops, respectively. The efforts of the expedition’s teams were documented on the www.rallydasafra.com.br website, on Facebook and through the @RallySafra Twitter account. Organized by Agroconsult, the most recent Rally da Safra marked the eighth edition of the event sponsored by Vale, Banco do Brasil, Case IH, DVA, Mobil Lubrificantes, Monsoy and Fertilizantes Heringer. Other Rally supporters include FIESP, Toyota, Fundação Agrisus, ESALQ Log, Saci Soluções, Agrosystem and Impar Consultoria no Agronegócio. In Mato Grosso State, the Rally was supported by Aprosoja, and in Mato Grosso do Sul State, Famasul supported the event. . Press Information: Ana Carolina Silveira / Karol Ramos (19) 3709.1165 (19) 9791-8261/ (11) 7740 7448 [email protected] [email protected] SOYBEANS - Rally da Safra 2011 Results State Crop area (‘000 ha) 2009/10 2010/11 Productivity (sacks/ ha) 2009/10 2010/11 Production (‘000 t) 2009/10 2010/11 Rio Grande do Sul Santa Catarina Paraná Minas Gerais Mato Grosso do Sul Mato Grosso Goiás Bahia Piauí Maranhão Tocantins 3,976 440 4,485 1,019 1,712 6,225 2,550 1,017 343 502 364 4,056 458 4,590 1,035 1,740 6,414 2,550 1,024 389 554 383 43 51 52 47 52 51 48 51 42 44 49 46 50 54 44 46 53 47 52 48 51 50 10,219 1,345 14,079 2,872 5,308 19,047 7,343 3,110 868 1,331 1,071 11,272 1,372 14,863 2,754 4,835 20,555 7,242 3,215 1,130 1,694 1,156 Visited Not Visited 22,632 839 23,192 888 49 47 50 49 66,592 2,385 70,088 2,610 23,471 24,079 49,0 50,3 68,977 72,698 Brazil CORN - Rally da Safra 2011 Results State Area (‘000 ha) 2009/10 2010/11 Productivity (sacks/ha) 2009/10 2010/11 Production (‘000 t) 2009/10 2010/11 Rio Grande do Sul Santa Catarina Paraná Minas Gerais Goiás Bahia Piauí Maranhão 1,151 594 894 1,165 378 452 310 382 1,143 549 728 1,149 394 475 345 384 81,0 106,7 128,0 84,7 116,7 59,7 19,0 24,5 90,0 115,8 131,4 86,8 115,6 66,0 34,6 26,8 5,594 3,798 6,867 5,920 2,643 1,620 354 562 6,172 3,816 5,738 5,982 2,730 1,881 715 619 Visited Not Visited 5,325 2,398 5,167 2,538 85,6 46,7 89,2 47,2 27,358 6,721 27,652 7,180 Brazil 7,724 7,705 73,5 75,3 34,079 34,832