Good Grains International, Inc. proposes to sell Sweet White Lupin and Lupin-based products into the world trade market for edible oilseeds, protein meal and value added foods. Sweet White Lupin is a viable alternative to the soybean in a world protein market dominated by the soybean. Sweet White Lupin is an agricultural and nutritional
complement to many grains and other critical world food crops, which remain isolated in many parts of the world.
The Sweet White Lupin Bean is superior to the soybean from the standpoint of human nutrition, yield, health, safety and cost of production. Sweet White Lupin is superior to the soybean in digestible protein and in the
bio-availability of nutrients, is lower in calories, 50% lower in fats and carbohydrates, contains no cholesterol, and is nearly three times higher in fiber. Its yield is 40% greater than the soybean and because it grows in a wider range of climates on more marginal soils, it requires less water, fewer pesticides, if any, and little or no fertilizer, hence, is less costly to produce. Sweet White Lupin is more chemical resistant than the soybean and is often
grown clean and certified organic, which lends itself to the health and gourmet food markets, as well as to the general
marketplace. The 2000 marketplace for oilseed and oilseed by-products, thus the largest, though not the only market for Sweet White Lupin, was 127.4 billion.
The Company's market capture strategy is to primarily target those customers who currently purchase soybean and soybean based products in the world trade market. Over 40% of all soybeans sold into the world trade market and 100% of the soybeans sold into the U.S. domestic market, are
bought and sold by the 1500+ members of the Chicago Board of Trade (CBOT). Good Grains International, Inc., along with a group of international bankers and traders, is in the planning and development stage of establishing an international commodity exchange, similar to the CBOT, for trading of Sweet White Lupin futures.
The projected startup date of the exchange is July 1, 2002, with first deliveries against futures contracts expected September 1,
2003. According to experts, approximately 100,000 acres is the minimum acreage required to list a commodity crop on a futures exchange. The Company expects to exceed the minimum substantially before listing Sweet White Lupin. It is important to note that although the proposed exchange is expected to play a significant role in enhancing and accelerating the establishment of a world market for Sweet White Lupin, neither the Company, nor its success, are ultimately dependent upon it, as a substantial volume of direct sales of Sweet White Lupin to growers, brokers, processors and scores of interested governments can be generated annually without it.
Good Grains International, Inc.
Good Grains International, Inc.
The Sweet White Lupin Bean is superior to the soybean from the standpoint of human nutrition, yield, health, safety and cost of production. Sweet White Lupin is superior to the soybean in digestible protein and in the
bio-availability of nutrients, is lower in calories, 50% lower in fats and carbohydrates, contains no cholesterol, and is nearly three times higher in fiber. Its yield is 40% greater than the soybean and because it grows in a wider range of climates on more marginal soils, it requires less water, fewer pesticides, if any, and little or no fertilizer, hence, is less costly to produce. Sweet White Lupin is more chemical resistant than the soybean and is often
grown clean and certified organic, which lends itself to the health and gourmet food markets, as well as to the general
marketplace. The 2000 marketplace for oilseed and oilseed by-products, thus the largest, though not the only market for Sweet White Lupin, was 127.4 billion.
The Company's market capture strategy is to primarily target those customers who currently purchase soybean and soybean based products in the world trade market. Over 40% of all soybeans sold into the world trade market and 100% of the soybeans sold into the U.S. domestic market, are
bought and sold by the 1500+ members of the Chicago Board of Trade (CBOT). Good Grains International, Inc., along with a group of international bankers and traders, is in the planning and development stage of establishing an international commodity exchange, similar to the CBOT, for trading of Sweet White Lupin futures.
The projected startup date of the exchange is July 1, 2002, with first deliveries against futures contracts expected September 1,
2003. According to experts, approximately 100,000 acres is the minimum acreage required to list a commodity crop on a futures exchange. The Company expects to exceed the minimum substantially before listing Sweet White Lupin. It is important to note that although the proposed exchange is expected to play a significant role in enhancing and accelerating the establishment of a world market for Sweet White Lupin, neither the Company, nor its success, are ultimately dependent upon it, as a substantial volume of direct sales of Sweet White Lupin to growers, brokers, processors and scores of interested governments can be generated annually without it.