Economics of Corn and Soybean Storage

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US – With smaller grain and oilseed supplies than those of a year ago and increased storage capacity, there should be fewer crop storage issues than in recent years. The decision by producers to store corn and soybeans, however, should be based on expected returns rather than on capacity to store. Total supplies (production plus…


Andhra may get additional grain storage capacity of 25 lakh tonnes

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HYDERABAD: The state may get an additional grain storage capacity of 25 lakh tonnes this year as in the last procurement season, the state had faced a shortage in grain storage capacity. The Chief Minister of the state, Mr N Kiran Kumar Reddy, has also urged the Centre to grant financial assistance to develop 1,000…


Cattle Inventories, Feedlot Supplies and Cold Storage Stocks

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On Friday USDA released a flurry of reports covering cattle inventories, feedlot cattle supplies and the monthly survey of public refrigerated warehouses. Below are some very brief notes on each and we hope to expand on them in the next few issues. We have added more detail on page 3 and 4:: 1 Cattle Inventory…


Solid month to month demand for pork, beef

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The monthly cold storage report shows bigger than expected month to month demand for pork and beef, primarily due to strong export demand, but supplies remain well above a year ago. USDA placed beef in cold storage at 434.51 million pounds, down 5% from last month but up 16% from last year. Pork came out…


Government taking initiatives to increase grain storage facilities: Thomas

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New Delhi, July 22 : Food Minister K. V. Thomas said on Friday that the government is working towards opening up more grain storage facilities in various parts of the country. While presiding over a conference of the newly formed State Advisory Committees for the purpose of food grain storage, Thomas said that more grain…


Compulsory storage may be applied on rice, sugar

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Ministry of Industry and Trade is searching opinion of relevant agencies about applying compulsory storage on some essential commodities such as rice, sugar, steel, fertilizer, foodstuff. Accordingly, the maximum reserve on sufar is expected at 10% of sugar volume that traders are granted import quota, the VnExpress reported. As for producers, the reserve ratio is…


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