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["Doc Lisenby" <longdistshtr@shtc.net>]

Get a good book on composting.  There are several ways to do it. Your plan 
is a method which allows less desirable micro-organisms to spoil/ferment 
waste vegetable material. The more desirable way to compost is to encourage 
growth of organisms (aerobic) which require exposure to air.  Most 
successful composters of vegetable material have a drum with holes in it or 
a wire basket which is periodically stirred or tumbled to accomplish this. 
The amount you mention will more than likely require several such devices. 
The smell will still be a problem as will scavenger attraction.
Doc