The Bloomberg figure is from the Sep SEC filing.
I'm trying to figure out what the K. N. D. deal has to do with any of this. Firstly, it says "sell", not "buy", or "trade". So I'm assuming they mean what they say and K.N.D. has said they can commit to dispose of 400 MT/month of oil and 600 MT/month of meal. That works out to 4,800 MT/year of oil and 7,200 MT/year of meal, and that's nice, but it's nowhere near the current capacity of the Regina Plant which is 54,750 MT/year of seed to produce 18,250 MT/year of oil, 32,900 MT/year of meal, and 3,600 MT of "other".
And I suspect the "other" isn't going to be easy to sell, or dispose.
But anyway, the JV makes Shenher responsible for acquiring 600MT/year of seed and disposing of 394,800MT/year of meal...7,200 is a long long way from 394,800.
I suppose his job will be made easier with Chongqing's deep pockets, but still...
... I can't help but visualize the poor guy buried in meal.
