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Jackroch

02/09/11 7:38 PM

#2349 RE: palmspringsbum #2343

Obviously, they plan to sell the meal to Brazil.

Sending feed down there is definitely possible but I was thinking what would be happening is bringing in raw materials (soy) from Brazil to Alabama to crush.

My speculation of course.

Chongquin Grain Group apparently purchased land in Brazil to grow soy.

http://fdi.gov.cn/pub/FDI_EN/News/Investmentupdates/t20100513_121625.htm

CGG has growing land down there but I don't know if they have a crushing plant there - I don't think so.

What I am getting from all this - my opinion - is that canola crushing will be done in Western Canada and Soy crushing in Alabama, with both oils being shipped to China to meet the demands there.

1 billion mouths to feed. 3 meals a day. Practically every meal requires cooking oil.

Again, I am guessing and trying to connect the dots. We have now 3 companies talking about joint venture - CPOW (Saskatchewan, Canada), Alabama Bio Fuels (Alabama, U.S.), CGG (Chongquin, China).