GREY:BIXZF - Post by User
Post by
brnt999on Sep 25, 2009 7:22am
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Post# 16337694
BXI Success of National Strategic Importance
BXI Success of National Strategic ImportanceOne angle that I think people are missing is that the reason the Canadian government awarded this loan to BXI, and the reason the Saskatchewan government has helped in the past, is that developing the canola protein market is seen as economically important to the future of Canadian farmers and the Canadian economy. I have read where the soy protein market has a stabilizing and supportive influence on the price of soybeans, and people are expecting the canola protein market to have the same influence on canola prices. I think there are a lot of farmers and businesses that rely on the success of farmers that are rooting for and hoping for BXI's success. I think when BXI rolls out their first truckload of canola protein isolate it is going to be front page news.