India’s capacity to crush corn for starch production could increase to 16,525 tons per day (TPD) by 2018, although that currently available is underused and starch prices have crashed. This expansion will also require a much higher volume of corn, and India may not have enough. Greater Starch Capacity Will Require Additional Corn It is estimated that India’s capacity to crush corn could increase to 16,525 tons per day (TPD) by 2018, which would produce close to 5.45 MMT/annum of starch based on 330 days of operation. The current capacity is 13,675 TPD, but part of that (almost 2,000 TPD) is closed for several reasons, including the non-availability of corn in some areas as well as the low selling price of starch and other co-products. Pl...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.