Based on the identified objectives and our analysis of the framework, for each of our businesses we plotted out the profit pool between the up in progress, origination, mid stream and down stream segments. Having determined the size of the opportunity in each of these segments, we looked at our ability in selectively integrating into the more attractive parts of the profit pool where excess return opportunities exist.

Strategic Goals:

• Pursue global integrated agriculture management leadership
• Selectively expand into other agriculture products which create value for our portfolio.
• Optimize and extract full value from IBD core – origination
• Downsize and cut back unattractive businesses, profit centers and activities