Repost from Yahoo for Zeev
Zeev and/or Sheldon :
Rene's protein lies.
vf500_
(M/Fraser Valley)
Jun 13 1998
2:34PM EDT
<<snip>>
Clement, you are going too far, dry matter does contain water, typically up to 10% moisture in agricultural and feed products. Dry wheat and dry corn typically contains that much water. Gosh,
the butter you buy is specifically mixed to contain as close as possible to 10% or so water (or whatever the current regulation might be), because water is cheaper than fat, the producers make sure the product has the maximum amount allowable by the local law.
<<snip>>
Yes feed has sometimes 12% moisture. That is not the issue at hand. It is how Rene and Thermo Tech USE that moisture to claim protein content is the issue. Rene does not care if the waste has 1000's of pounds of water added in. He only gets better numbers that way.
Quoting protein based on dry basis means that you are taking moisture out of the equation. Rene said he uses dry weight only many times, yet he goes on to give the protein content based on the original WET weight. Why? Because by confusing the numbers he can get a waaaaaay exaggerated result!
Say there is 10 pounds of grain and it is 10% moisture and 10% protein (wet basis). Now, I'm sure you see that it would contain 1 lb. of protein. Quoted on dry basis, the grain would have 10/90 or 11.1% protein, Zeev.
Here's an exxagerated example to get the point across.
Rene is saying that if 990 pounds of water was added to that "incoming waste" (the 10 lbs. of grain), he would have 1000 lbs of "waste". Now since he bases his protein claims on the weight of the waste in, Rene is now claiming 100 lbs of protein out of this 10 pounds of true grain that we started with. Does that sound like a valid claim for Rene to be making? This is how he gets his protein claims!!
Don't tell me that you accept that as a valid number. 1 lb protein in and 100 lbs protein out!! No wonder his numbers look so terrific, he just picks and chooses what numbers to use and than pleads ignorance when caught. The numbers he uses are real numbers BUT he knows darn well that he is using the numbers in the wrong places!!!
Rene DOES NOT compare apples to apples and tries to confuse people (looks to me that he does a good job) and the shareholders eat it up because who wants to question good numbers?
Now Zeev about your "the producers make sure the product has the maximum amount (of water)allowable by the local law."
Not always the case, we make a product and have won awards with it and if we went to the max. moisture level stated on the package, it would not be as good as it is now. We would rather have a little less of a good product at our lower moisture level than have more of a worse product. ie Yields can be higher because of higher moisture. But that is just us and alot of producers probably only care about quantity, not quality.
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