PURCHASE VAULT

sign in | register | 1.800.541.9345

The Food Relief Vault (or FRV) is the future in emergency food response systems offering cost-effective, safer, faster, and more consistent platform to deliver food following a disaster or humanitarian crisis.

Exchange Platform

Global Food Exchange™ functions as the commodities exchange marketplace, similar to NYMEX, CME Group, etc. effectively serving as a clearing house, warehouse and standard-keeper of the extended-shelf life dried food market, Food as an Asset Class, where independent third-party equity funds, hedge funds, and sovereign wealth funds trade amongst each other. Through utilization of the latest food, drying and storage technology the Global Food Exchange™ has created a standardized market where institutional quantities of food are now commoditized as an Asset Class suitable for long-term investment..

 

The Global Food Exchange leverages existing global commodities exchange partners to support and make a market in extended shelf-life dried commodities. The certification and definition of standards is derived from the Global Food Exchange, while the traditional electronic exchange functions of crossing, matching and settling trades is done on the GFE platform or partner Exchange platforms. Currently, Global Food Exchange™ has its own independent negotiated-exchange platform. Here, market makers can remain anonymous while negotiating multiple contract specifications and manage their counterparts in real-time.

 

Standards and Certifications

The Global Food Exchange sets the quality standards for all product traded through the Exchange. In addition, GFE extended shelf life certification is granted to agricultural commodities and complete meals that meet moisture content limits as well as packaging and/or storage limits on oxygen contamination in what must be a shelf stable environment.

Global Food Exchange leverages proven drying and hermetic storage technologies. The ability to store commodities for an extended period of time is the backbone that de-risks the entire ecosystem for profitable investment opportunities for investment funds to benefits at the farm gate level with microfinance lending, insurance and guaranteed offtake. Anytime there is a disruptive innovation introduced to an established market, like global agricultural commodities trade, the opportunities are wide and vast. The following drying and storage methodologies are the foundation of the Global Food Exchange and Food as an Asset Class business models and solutions to market inefficiencies.

Drying and Storage Technology

Drying Technology Methodology

Drying is a simple process of moisture removal from a product in order to reach the desired moisture content. The prime objective of drying, apart from extended storage life can also be quality enhancement, ease of handling, further processing and sanitation; and the process is probably the oldest method for food preservation practiced by humankind (1). Drying is basically comprised of two fundamental and simultaneous processes: (i) heat is transferred to evaporate liquid, and (ii) mass is transferred as a liquid or vapor within the solid and as a vapor from the surface. The factors governing the rates of these processes determine the drying rate. The different dryers may utilize heat transfer by convection, conduction, radiation, or a combination of these. However, in almost all solar dryers and other conventional dryers heat must flow to the outer surface first and then into the interior of the solid (2).

 

For the purposes of achieving extended shelf life, the lower the moisture content in commodities the more one can inhibit the growth of bacteria. Microorganisms need water in foods to propagate and drying renders food and ingredients safe from bacteria, yeast, mold and other forms of microbial contamination.  Combined with a packaging and storage environment that has eliminated oxygen, dried commodities can now achieve up to a twenty-year shelf life.

 

Storage Technology Methodology

For agricultural commodities there is a mismatch in the timing of consumption and production. Consumers want to eat bread every day, but there are only a couple wheat harvests per year. The function of storage is to smooth the supply of a commodity over time, both within and between crop years. Other reasons to store commodities include the ability to remove surplus supply from the market to protect small hold farmers from excess price pressure, and conversely to assure dependable stores of quality commodities for manufacturers and processors.

 

There are a number of reasons why farmers, governments, grain elevators, and processors store commodities, all of whom do so because they are profit seeking. These groups anticipate higher prices in the future, thus seek to store their commodities. Inventory may be stored un-priced, speculating that prices will be higher in the future. The return on investment in drying and storage is a key metric behind the rapidly growing investment world interest in the Global Food Exchange and World Food Bank models.

 

There are only two ways to boost the food supply and avert widespread malnutrition, mass starvation, and potential political upheaval in the coming years. We either have to produce more food or we have to reduce postharvest losses. Producing more will be essential, but there are limits to available land and water that cannot be overcome even with the latest tools of biotechnology. Reducing postharvest losses, which can reach as much as 25% or more, is equivalent to increasing yields, yet better, because additional land and water are not required (3).

 

Thanks to technological advancements in packaging and storage methodologies, a number of groups have developed state of the art products to store various types of commodities in to extend shelf-life and protect the quality of the crops. The primary product used by Global Food Exchange for the long-term storage of dried grains and pulses is a multi-layered hermetically sealed bags. These bags often range in 20 kg up to 20,000 ton hermetic bunkers. This packaging is cost-effective, low-cost, durable, culturally acceptable, profitable and often locally manufactured. Hermetic storage has become a replacement for older storage methods, particularly in hot, humid climates because of its “green”, chemical-free technology, control of moisture content, avoidance of pesticides, protection from insects and of need for refrigeration. The simple principle involved in hermetic storage is to control moisture and allow depletion of oxygen with increase in CO2 through respiration of both the commodity and insects (4). The bags have been proven to save hundreds of millions of dollars annually in crop losses, which alone represents a major contribution to food security. For the purpose of this project 100 metric ton bags and some 300 metric ton bags will be employed.

 

Hermetic storage is currently used for storage of grains including rice and maize, pulses, cocoa and coffee and even for seed protection. In the case of high moisture maize, the recent study performed by NABCOR (National Agricultural Business Corporation) in the Philippines and confirmed by laboratory data at the University of the Philippines (UPLB) in Los Banos, NABCOR reported: “Due to improper post-harvest handling, more than 75% of all local maize is contaminated with unacceptable levels (>20 ppb) of aflatoxins. Laboratory test of high moisture maize (up to 37.7%) stored under hermetic conditions were found free from aflatoxins.”

 

(1) Wang, Y., Zhang, M., Mujumdar, A.S., Mothibe, K.J., Roknul Azam, S.M. Effect of blanching on microwave freeze drying of stem lettuce cubes in a circular conduit drying chamber ©2012. Journal of Food Engineering, 113 (2), pp. 177-185.

(2) Solar C.L. Hii, S.V. Jangam, S.P. Ong and A.S. Mujumdar. “Drying: Fundamentals, Applications and Innovations.” ©2012

(3) L.L. Murdock, D. Baributsa, J. Lowenberg-DeBoer. “Special Issue on Hermetic Storage.” Journal of Stored Products Research. ©2014. Elsevier, Ltd.

(4) P. Villers, S. Navarro, T. de Bruin. “New Applications of Hermetic Storage for Grain Storage and Transport”. 10th International Working Conference on Stored Product Protection (IWCSPP), Estoril, Portugal. © 2010. GrainPro, Inc.

The Food Relief Vault (or FRV) is the future in emergency food response systems offering cost-effective, safer, faster, and more consistent platform to deliver food following a disaster or humanitarian crisis.

FOOD RELIEF VAULT (FRV)

These strategic food reserve systems are self-contained, rapidly deployed, highly nutritious, optimized for current humanitarian efforts, and supported by private capital for benevolent purposes.

 

The Global Food Exchange™ starts by purchasing highly nutritious, freeze-dried and dehydrated meals at extremely low price points during normal manufacturing periods. We then pre-package the meals, drinks, and all equipment needed to serve them (such as cooking equipment, serving supplies, water purification systems, portable shelter, tables, lighting, etc.) into standardized shipping containers and store them in strategically located global facilities near disaster-prone areas.

 

In the event of a disaster, these containers (Food Relief Vaults) can be immediately deployed and set up for immediate food relief. Since the containers are fully self-sufficient and don’t rely on electricity or external fuel sources, they are ideal in ground zero relief efforts.

 

Intelligently Designed With The World In Mind

The key to efficient disaster relief is highly trained personnel, quality supplies, and proven processes. Each of our Vaults are pre-staged for rapid and optimum deployment, and come designed for minimal interruptions to base camp operations.

 

A Food Relief Vault Deployment Manual includes checklists and inventory control sheets to help maintain proper control of high-value contents. This allows on-site response personnel to quickly familiarize themselves with all of the meals, equipment, and recommended actions needed to utilize the vault efficiently.

 

We standardized the Food Relief Vaults so the responders can benefit from consistent and quick deployment protocols. This maximizes the disaster relief efforts and allows for greater attention on the people being served. We keep digital copies of the deployment manual for easy distribution to key personnel. The Food Relief Vault is designed to enhance today’s best disaster relief efforts.

 

High Nutrition. By Design.

Our meals are formulated from the ground up and exceed recommended daily allowances so they can be used indefinitely. Since they’re designed to complement local diets whenever possible, they’re the perfect choice for high-stress disaster relief anywhere in the world as local acceptance is critical.

Better Technology for Rapid Deployment

Our food preservation technology utilizes freeze-dried and dehydrated premixed meals prepared in advance and packaged in air-tight Mylar pouches ready to be mixed with water and served. Each shipping container can deliver between 88,000 – 120,000 lbs. of highly nutritious food, with all the equipment needed to prepare and serve.

 

Once the Food Relief Vault is delivered and deployed, food is then hydrated and served within minutes after setup. All meals are extremely simple to prepare (just add water) with clear, graphic-based instructions printed on each package (English not required). In most cases, preparation time is 10-12 minutes with the longest prep time being 20 minutes (Red Beans and Rice). All cooking equipment (pots, measuring cups, spoons, stoves, fuel, tables, cups, plates, sporks, etc.) needed to prepare and serve are included.

 

Higher Safety. Lower Risk.

Microorganisms need water in foods to propagate, drying renders food and ingredients safe from bacteria, yeast, mold, and other forms of microbial contamination. By removing water from the food, growth of bacteria is inhibited. Further, removing moisture from food dramatically reduces the weight of the food allowing the container to carry the maximum amount of nutrition with the least amount of water weight and shipping cost.

 

Engineered for High-Stress Environments

All of our bulk food items are stored in state-of-the-art Mylar pouches with internal oxygen absorbers. The pouches are then placed in 6-gallon durable polyethylene buckets for easy storage.

 

Virtually all components in the FRV were chosen for optimal flexibility during a high-stress disaster relief environment. The metal container can be used for shelter and storage during the event, the pallets can be used for fuel, and the plastic 6-gallon buckets can be re-used for gathering water to be purified, wash clothes, wash cooking equipment, store wood or fuel, fill with sand, for flotation devices; to bury objects, mix concrete, use for bathing, holding trash, for portable toilets, etc. More suggestions can be found in the Food Relief Vault Deployment Manual.

 

Respecting Culture and Religious Values

Our Food Relief Vaults come in several different variations designed for region-specific diets and religious customs. For example, all Vaults are Kosher- and Halal-certified, and contain no meat products, ensuring quick adoption by the local recipients, as well as more effective relief efforts through better cultural integration.

 

We also formulate diets based on the optimum foods consumed in the region to prevent additional stresses to recipients. Our model is to source, manufacture, and store raw food stock locally in order to promote local economies.

 

Purchase

 

 

Global Food Exchange™   7840 E. Berry Pl. Suite 200 Greenwood Village, CO 80111   USA

WHAT WE DO

Drying & Storage Technologies

Food As An Asset Class

Our Mission & Vision

Letter from the Founder

Board of Directors

Board of Advisors

ABOUT US

Ongoing Crises

Growing Need

OUR IMPACT

Relief Provider

Strategic Partner

GET INVOLVED

Terms of Use

Privacy Policy

CONTACT US

Sign up for the Newsletter