Our apology for not posting this earlier; many readers will already know. This is even more alarming than all those 7-foot tupperware containers stacked behind security fences, in my humble opinion.
George Soros making a move to control food and grain production
March 30th, 2011 1:37 pm ET
Financier and progressive activist George Soros is formulating a move to control food and grain production by purchasing grain elevators in late March in several parts of the United States through his Soros Managment Fund’s backed Gavilon Grain. With purchases made in March, Gavilon Grain will become the third largest grain company behind Cargill, and Archer-Daniels Midland.
With strong ties to the Obama administration, Soros now has both the economic, and political clout to begin consolidation of purchasing and shipping domestic agriculture around the world.
U.S. grain firm Gavilon Grain said on Thursday it will buy Union Elevator and Warehouse’s 16 grain elevators in the Pacific Northwest , the company’s second big purchase of U.S. grain facilities in the last six months.
The purchase of 16 elevators at 12 locations in eastern Washington will expand Gavilon’s grain capacity by 8.4 mbu.
“The addition of Union Elevator’s grain facilities and origination capabilities position us well to support the growing Pacific Northwest export wheat market and serve the Columbian Basin feed grain market,” Greg Konsor, VP and GM of Gavilon Grain, said in a statement. The PNW is the No. 1 wheat export terminal in the United States. – Reuters
h/t: JMB, AJB, tunedin