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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (54509)	9/5/2009 1:58:31 AM
From: elmatador	Respond to of 217752

At capacity, the facility is expected to generate 235,000 MMBtu per year -- the energy equivalent of 1.7 million gallons of oil -- and will offset approximately 25 per cent of JBS Swift's annual purchase of natural gas. In addition to reducing the plant's dependence on fossil fuels, JBS Swift will be able to reduce the land application of organic waste materials from its operations. teach them a lesson. JBS Swift Biogas Plant Receives Financing US - Environmental Power Corporation's subsidiary, Microgy Grand Island is to finance the beef processor JBS Swift's biogas plant in Nebraska. Environmental Power has completed the sale of $7 million of tax-exempt bonds issued by the City of Grand Island, Nebraska and will use the proceeds to finance the construction of the Grand Island Biogas Project at the JBS Swift Plant in Grand Island, Nebraska. The biogas facility, which is being developed by the Company's subsidiary, Microgy, Inc., is already under construction and is expected to begin producing biogas by the end of the year. The bonds will bear interest at a rate of seven per cent per year and mature on June 2023. The bond proceeds will be applied to the construction of the project. With this deal the Environmental Power has fully secured financing for the project. "This represents another important step in the growth of our business and demonstrates that financing is available on competitive terms for our projects," said Rich Kessel, President and Chief Executive Officer of Environmental Power. "The project backed, tax exempt financing markets remain accessible for our projects despite the recent troubles in the credit markets. Ultimately, the value of the gas that we produce and the waste solutions that we provide our partners are what drive the success of our projects. "I also want to thank JBS Swift and the City of Grand Island for all their help and support though this process," continued Kessel. The Grand Island Biogas Facility will produce and sell biogas to the adjacent JBS Swift beef processing plant pursuant to a 15-year biogas purchase agreement. The facility will use proven anaerobic digester technology to convert animal waste and other byproducts of the JBS Swift plant into a methane-rich biogas to be used as fuel in the plant's existing boilers. At capacity, the facility is expected to generate 235,000 MMBtu per year -- the energy equivalent of 1.7 million gallons of oil -- and will offset approximately 25 per cent of JBS Swift's annual purchase of natural gas. In addition to reducing the plant's dependence on fossil fuels, JBS Swift will be able to reduce the land application of organic waste materials from its operations. B.C. Ziegler and Company doing business as Ziegler Capital Markets Group served as the Underwriter for the placement of the bonds. TheCattleSite News Desk

To: Maurice Winn who wrote (54509)	9/5/2009 2:13:10 AM
From: elmatador	Respond to of 217752

It started in the 70s as oil got expensive everyone and his uncle were being nice to Moslems because they sold lots of stuff to OPEC countries. Then the Moslems got that as an opportunity to press the capitalists of the OECD countries. One day the tide has turned: Ramirez said Wednesday that the Somalians come late, leave early and take frequent breaks and "drop all the time" in prayer right in front of people, so people are literally tripping over their bodies. "They don't do the work and we have to work double," she said. "It's not fair." Joe Rios, a day-shifter for nine months at Swift, said he felt the Somalis were asking for special treatment and “taking advantage of our kindness” in America. He said “most of us” at Swift are Catholic and observe a month of Lent each year without seeking work concessions based on religion. “I think it’s either you want to make money and work and put your prayers aside or you stay home,” he said. Colorado JBS Swift Fires 130 Muslims for Trying to Break Their Fast at Sunset muslimmedianetwork.com The savage capitalist has no time for niceties.

To: Maurice Winn who wrote (54509)	9/5/2009 2:26:23 AM
From: elmatador	Respond to of 217752

JBS SA, the world’s largest beef producer, may buy bankrupt poultry company Pilgrim’s Pride Corp. in the U.S. as early as next week to resume its global expansion, two people familiar with the talks said. If world goes in the market that AMBEV and JBS do not waste time to stamp their authority in the companies they buy, they people notice this and behave. The monkeys should not run the zoo! Doing like this Brazil will save what can be saved from American industry. JBS Said to Be Near Buying Bankrupt Pilgrim’s Pride (Update3) Share \| Email \| Print \| A A A By Carlos Caminada and Francisco Marcelino Sept. 4 (Bloomberg) -- JBS SA, the world’s largest beef producer, may buy bankrupt poultry company Pilgrim’s Pride Corp. in the U.S. as early as next week to resume its global expansion, two people familiar with the talks said. JBS will tap about $1.2 billion of cash and $500 million of revolving credit lines to buy Pittsburg, Texas-based Pilgrim’s Pride, said one of the people, declining to be identified because the information isn’t yet public. JBS is also considering acquisitions in Brazil, the person said. Chief Executive Officer Joesley Mendonca Batista turned JBS into the top meatpacker, processing about 10 percent of the world’s red meat, after buying Swift & Co. in 2007 and two Smithfield Foods Inc. units last year. JBS has been raising funds for acquisitions after the economic contraction led rivals worldwide to post losses and struggle for cash. “This could be another success story,” Denise Messer, an analyst at Brascan Corretora in Rio de Janeiro, said in a telephone interview. “JBS has a track record of buying companies in dire straits and turning them around.” She raised JBS’s rating to “market perform” from “underperform” on Aug. 13. The purchase of Pilgrim’s Pride may be valued at $2.5 billion, the Wall Street Journal reported on its Web site Sept. 2, citing people familiar with the matter it didn’t name. ‘Putting Crisis Behind Us’ “We are putting the crisis behind us and getting back on track,” Batista said in Sao Paulo on Aug. 13. “This is a company that grows through acquisitions and organically.” There’s currently no “firm” agreement that justifies a formal announcement, JBS said in an Sept. 2 regulatory filing in response to news reports that it may buy Pilgrim’s Pride. Vanessa Esteves, a spokeswoman for JBS in Sao Paulo, told Bloomberg News last night that the company has nothing to add to the statement. Pilgrim’s Pride spokesman Ray Atkinson declined to comment in an e-mail. JBS rose 0.8 percent to 7.93 reais, paring earlier gains of as much as 2.3 percent, in Sao Paulo trading today. Pilgrim’s Pride fell 5 percent in New York, after plunging as much as 10 percent. JBS paid $225 million for Swift in 2007, assuming $1.2 billion of debt, and $580 million for the Smithfield beef- processing and cattle-feeding operations last year. Bankruptcy Pilgrim’s Pride sought bankruptcy protection in December, citing rising grain costs and a poultry surplus that led to four consecutive quarterly losses. The supplier to Wal-Mart Stores Inc. and Yum! Brands Inc.’s KFC restaurants listed assets of $3.75 billion and debt of $2.72 billion in its bankruptcy filing. JBS, which sold $700 million of five-year bonds in international markets in April, had 2.3 billion reais ($1.2 billion) of cash at the end of the second quarter, according to its earnings report. Batista said JBS may draw from revolving credit facilities for $400 million in the U.S. and A$200 million ($167 million) in Australia. The company’s U.S. unit has filed to hold a $2 billion share offering, without giving a time frame. JBS was cut to “hold” from “buy” at Banco Santander SA on Aug. 11, partly on concern that the planned share offering by its U.S. unit would lead to more acquisitions. Pilgrim’s Pride was formed in 1946 when Aubrey Pilgrim and a partner, Pat Johns, bought a feed store for $3,500. The company took on debt and surpassed Tyson Foods Inc. in production in 2007 when it bought Atlanta-based Gold Kist Inc. for $1.1 billion. To contact the reporters on this story: Carlos Caminada in Sao Paulo at at ccaminada1@bloomberg.net

To: Maurice Winn who wrote (54509)	9/5/2009 7:17:21 AM
From: elmatador	Respond to of 217752

England will become a friendly nation. It is just a matter of a few years. Oil wealth plus insulation from energy crisis, the UK became lap dog. Now they have to become friendly. Twilight in the North Sea Their depletion will be difficult for the U.K. economy and the European economy. The U.K. will be forced to import crude oil from Russia or the Middle East, and Europe will lose a reliable energy supplier. However the biggest loser along side the British consumer will be the GBP. Peak Oil in the U.K. by John Kenderski The price of oil has dictated the dollars recent resurgence, but it has not been favorable to the pound. The United Kingdom is a net oil exporter; through North Sea oil fields that produce around 1.7 million barrels a day. A drop in the price of oil would hurt profit margins at some of Britain’s largest oil producers namely BP. On top of this North Sea oil production has stagnated in the past couple of years. Peak oil is a term used to describe how oil production retreats rapidly after achieving peak output extraction. Most of the U.K.’s oil fields are over fifteen years old and output is in significant decline. The North Sea fields are past peak oil and oil output has decreased over 38% from its late nineties peak. The current oil production contraction would augment the current supply side shock from commodity prices. This has happened because new fields have not come on line and current fields have been over utilized. The reason for the decline is debatable but knowing the effect of the British change from oil exporter to importer is crucial. When the U.K. becomes a net importer then income will be allocated away from the service sector and into the energy sector. The service sector is a large part of the British economy and its contraction could hurt GDP. How the British economy will contract is not as important as the fact that oil output’s decline will hurt the British economy. If the British economy contracts then, the GBP will decline against all of the majors. This fundamental factor can lead to an informed long term trade short on the GBPUSD. Oil for the most part is excavated in undemocratic volatile regions. Hence the volatility that underlines the daily price of oil. The North Sea fields were Britain’s answer to the 70’s oil crises. The production of these fields not only diversified the British economy but insulated Britain from supply side shocks. Their depletion will be difficult for the U.K. economy and the European economy. The U.K. will be forced to import crude oil from Russia or the Middle East, and Europe will lose a reliable energy supplier. However the biggest loser along side the British consumer will be the GBP.