For agro-processors of carbohydrates, a critical question is: How do my operations stack up against my competitors’? For companies looking to make a new investment: Do the financials look attractive?
LMC’s new service, Benchmarking Costs of Starches, Syrups & Ethanol, answers these questions and helps guide investors’ decision-making.
Of the 478 million tonnes of total feedstuffs consumed by EU livestock, one half (233 million tonnes are roughages grown on farm. Of the other half , 51 million tonnes are cereals grown and used on farm. The rest is purchased feedingstuffs, including 156 million tonnes of compound feed which makes up 80 percent of this sector and is valued at €52 billion.
Vietnam fertilizer sector witnessed a total consumption of US$3.87bn, posting a growth of 4 per cent year-on-year. Meanwhile, exporting volume was pegged at 1,101 thousand MT, valuing at US$419mn. Under our base case, which is a prudent scenario based on analysis of macroeconomics and fertilizer demand factors such as crops, regions, and cultivation habits, we forecast a 4% annual demand growth for fertilizer until 2025.
Of the 478 million tonnes of total feedstuffs consumed by EU livestock, one half (233 million tonnes are roughages grown on farm. Of the other half , 51 million tonnes are cereals grown and used on farm. The rest is purchased feedingstuffs, including 156 million tonnes of compound feed which makes up 80 percent of this sector and is valued at €52 billion.
Vietnam fertilizer sector witnessed a total consumption of US$3.87bn, posting a growth of 4 per cent year-on-year. Meanwhile, exporting volume was pegged at 1,101 thousand MT, valuing at US$419mn. Under our base case, which is a prudent scenario based on analysis of macroeconomics and fertilizer demand factors such as crops, regions, and cultivation habits, we forecast a 4% annual demand growth for fertilizer until 2025.
Ellen Huan-Niemi (Luke), Jyrki Niemi (Luke), Janne Niemi (VATT): The impacts of the TTIP agreement on the EU and Finnish agricultural sector. Seminar 16.12.2016: Effects of the EU bilateral trade agreements on agriculture and food sectors
Seminar: Effects of the EU bilateral trade agreements on agriculture and food sectors 16 December 2016, Helsinki
The impacts of the TTIP agreement on the EU and Finnish agricultural sector
Mrs Ellen Huan-Niemi, Senior Research Scientist, Natural Resources Institute Finland
De Europese Rekenkamer onderzoekt momenteel de uitzonderlijke maatregelen die de EU heeft getroffen om de verstoringen op de zuivelmarkt tussen 2014 en 2017 tegen te gaan. De controleurs gaan na of deze maatregelen, waarmee ongeveer 740 miljoen EUR uit de EU-begroting gemoeid is, goed waren opgezet en of deze de effecten van de verstoringen
voldoende beperkten. Ook bekijken de controleurs of de Europese Commissie en de lidstaten nu beter zijn voorbereid op toekomstige verstoringen van de melkmarkt.
2015 04-27 - Yara International ASA Q1 2015 PresentationYara International
Yara’s first-quarter net income after non-controlling interests was NOK 729
million, compared with NOK 1,773 million a year earlier. Net income was
negatively affected by a NOK 1,831 million foreign exchange loss and a
NOK 929 million write-down related to the Lifeco investment. Excluding
net foreign exchange gain/loss and special items, the result was NOK
2,896 million, compared with NOK 1,946 million in first quarter 2014.
The corresponding earnings per share were NOK 10.51 compared with
NOK 7.03 a year earlier.
“Yara reports strong first-quarter results with higher deliveries and improved
margins, reflecting continued lower natural gas cost and a stronger
US dollar,” said Torgeir Kvidal, acting Chief Executive Officer of Yara.
“Ammonia and finished fertilizer production increased significantly in the
quarter, benefitting from improved reliability and debottlenecking,” said
Torgeir Kvidal.
World: Tomato Ketchup And Paste - Market Report. Analysis and Forecast to 2025IndexBox Marketing
IndexBox has just published its report: "World: Tomato Ketchup And Paste - Market Report. Analysis and Forecast to 2025". The report provides an in-depth analysis of the Global Market of Tomato ketchup and paste. It presents the latest data of the market value, consumption, domestic production, exports and imports, price dynamics and food balance. The report shows the sales data, allowing you to identify the key drivers and restraints. You can find here a strategic analysis of key factors influencing the market. Forecasts illustrate how the market will be transformed in the medium term. Profiles of the leading producers are also included.
Strong result driven by higher margins
• Margins benefit from lower European gas prices and stronger US dollar
• Continued volume and margin growth in Brazil
• Further growth in Latin America with OFD and Galvani acquisitions
• Proposed dividend NOK 13 per share, 47% of net income
Yara’s fourth-quarter net income after non-controlling interests was
NOK 1,860 million, compared with NOK 63 million a year earlier.
Excluding net foreign exchange gain/loss and special items, the result
was NOK 2,253 million, compared with NOK 776 million in fourth
quarter 2013. The corresponding earnings per share were NOK 8.17
compared with NOK 2.80 a year earlier.
“Yara reports strong fourth-quarter results with improved margins,
lower natural gas cost in Europe and a stronger US dollar,” said Torgeir
Kvidal, acting Chief Executive Officer of Yara.
“Our Brazilian activities continue to perform well, with both higher volumes
and margins. We are also ahead of plan with synergy capture from the Bunge
acquisition, with USD 55 million realized in 2014 ,” said Torgeir Kvidal.
Ellen Huan-Niemi (Luke), Jyrki Niemi (Luke), Janne Niemi (VATT): The impacts of the TTIP agreement on the EU and Finnish agricultural sector. Seminar 16.12.2016: Effects of the EU bilateral trade agreements on agriculture and food sectors
Seminar: Effects of the EU bilateral trade agreements on agriculture and food sectors 16 December 2016, Helsinki
The impacts of the TTIP agreement on the EU and Finnish agricultural sector
Mrs Ellen Huan-Niemi, Senior Research Scientist, Natural Resources Institute Finland
De Europese Rekenkamer onderzoekt momenteel de uitzonderlijke maatregelen die de EU heeft getroffen om de verstoringen op de zuivelmarkt tussen 2014 en 2017 tegen te gaan. De controleurs gaan na of deze maatregelen, waarmee ongeveer 740 miljoen EUR uit de EU-begroting gemoeid is, goed waren opgezet en of deze de effecten van de verstoringen
voldoende beperkten. Ook bekijken de controleurs of de Europese Commissie en de lidstaten nu beter zijn voorbereid op toekomstige verstoringen van de melkmarkt.
2015 04-27 - Yara International ASA Q1 2015 PresentationYara International
Yara’s first-quarter net income after non-controlling interests was NOK 729
million, compared with NOK 1,773 million a year earlier. Net income was
negatively affected by a NOK 1,831 million foreign exchange loss and a
NOK 929 million write-down related to the Lifeco investment. Excluding
net foreign exchange gain/loss and special items, the result was NOK
2,896 million, compared with NOK 1,946 million in first quarter 2014.
The corresponding earnings per share were NOK 10.51 compared with
NOK 7.03 a year earlier.
“Yara reports strong first-quarter results with higher deliveries and improved
margins, reflecting continued lower natural gas cost and a stronger
US dollar,” said Torgeir Kvidal, acting Chief Executive Officer of Yara.
“Ammonia and finished fertilizer production increased significantly in the
quarter, benefitting from improved reliability and debottlenecking,” said
Torgeir Kvidal.
World: Tomato Ketchup And Paste - Market Report. Analysis and Forecast to 2025IndexBox Marketing
IndexBox has just published its report: "World: Tomato Ketchup And Paste - Market Report. Analysis and Forecast to 2025". The report provides an in-depth analysis of the Global Market of Tomato ketchup and paste. It presents the latest data of the market value, consumption, domestic production, exports and imports, price dynamics and food balance. The report shows the sales data, allowing you to identify the key drivers and restraints. You can find here a strategic analysis of key factors influencing the market. Forecasts illustrate how the market will be transformed in the medium term. Profiles of the leading producers are also included.
Strong result driven by higher margins
• Margins benefit from lower European gas prices and stronger US dollar
• Continued volume and margin growth in Brazil
• Further growth in Latin America with OFD and Galvani acquisitions
• Proposed dividend NOK 13 per share, 47% of net income
Yara’s fourth-quarter net income after non-controlling interests was
NOK 1,860 million, compared with NOK 63 million a year earlier.
Excluding net foreign exchange gain/loss and special items, the result
was NOK 2,253 million, compared with NOK 776 million in fourth
quarter 2013. The corresponding earnings per share were NOK 8.17
compared with NOK 2.80 a year earlier.
“Yara reports strong fourth-quarter results with improved margins,
lower natural gas cost in Europe and a stronger US dollar,” said Torgeir
Kvidal, acting Chief Executive Officer of Yara.
“Our Brazilian activities continue to perform well, with both higher volumes
and margins. We are also ahead of plan with synergy capture from the Bunge
acquisition, with USD 55 million realized in 2014 ,” said Torgeir Kvidal.
microbial degradation in waste managementpgayatrinaidu
What is Waste? Types of Waste
What is untreated waste?
Why do we need to treat waste?
Effects of untreated waste on environment
Methods of waste treatment
What is Microbial Degradation?
Types of microbial degradation
Role of microbial degradation in waste management
What is The Meaning Of Biodegradation?
A biodegradable product can dissolve easily in the environment without destroying nature. It’s the opposite of plastic and Styrofoam, which harm the environment.
The meaning of biodegradation is breaking down of organic substances by the help of other living organisms such as bacteria and microbes.
History:
The first known use of the word in biological text was in 1961 when employed to describe the breakdown of material into the base components of carbon, hydrogen, and oxygen by microorganisms .
Presentation can help you to understand concept, principle engineering and important factors of landfilling such as component, requirement, microbial activity, landfill gas and leachate generation
Rice Bran Oil Market - Strong Growth and Demand in Food & Cosmetics IndustryIMARC Group
Rice bran oil is gaining popularity not only in food and nutritional supplements, but also as a specialty ingredient in cosmetics and personal care products. This report provides detailed information of the global rice bran oil market and covers the major key requirements to setup a rice barn oil processing plant. Link to report: http://www.imarcgroup.com/rice-bran-oil-processing-plant
Measuring competitiveness of beef and sheep production on national and intern...ILRI
Presented by Claus Deblitz (Thünen Institute of Farm Economics) and Sirak Bahta (ILRI) at the Conference on Policies for Competitive Smallholder Livestock Production, Gaborone, Botswana, 4-6 March 2015
Soybean Oil Market | Price, Processing Plant ReportIMARC Group
Soybean oil is considered as one of the healthiest cooking oils and currently represents the second largest edible oil consumed in the world. The latest report of soybean oil describes the demand of soybean oil to grow at a CAGR of around 4% in the coming years. Link to report: http://www.imarcgroup.com/soybean-oil-processing-plant
The global whey protein market reached 3.8 Million Tons in 2015, growing at a CAGR of around 3% during 2008-2015. This market is currently being driven by numerous factors which include various health benefits ranging from increased protein synthesis and fat loss to reducing the risk of diseases such as cancer and type 2 diabetes. For more on report go to: http://www.imarcgroup.com/whey-protein-powder-and-concentrate-market
Measuring policy distortions along agricultural value chains: Lessons from Af...IFPRI-PIM
PIM Webinar conducted on October 17, 2018 by Dr. Simla Tokgoz, International Food Policy Research Institute. More about PIM Webinars and archive here: https://pim.cgiar.org/resource/webinars/
To be a leading producer of coco water based beverages using the natural essence of coconut and hygienic process, dynamic leadership and commitment to our partners and stakeholders.
This report was publish by UK levy paying body DairyCo and offers a view on the efficiency of UK dairy farmers. More information can be found at http://www.dairyco.net/library/market-information/milkbenchplus.aspx
Introducing our comprehensive guide on ERP for Ethanol - a must-read for industry leaders and decision-makers seeking to optimize their ethanol production processes.
Explore a wealth of insights, practical tips, and in-depth information on how ERP solutions can transform your operations.
From streamlining production to ensuring regulatory compliance, this guide provides a roadmap for leveraging ERP to propel your ethanol business towards unprecedented efficiency and growth.
Uncover the power of integrated solutions designed to enhance every facet of ethanol production.
Dive into our ERP for Ethanol Comprehensive Guide and unlock the potential for unparalleled success in the dynamic ethanol industry.
The market size for milk and milk products (formal + informal sector) is estimated INR 3.6 lakh crores.
The organized market is growing at nearly 10 percent in value terms annually
Traditional dairy products account for about 50% of the total milk produced
The organized sector processes an estimated 20% of the total milk output in India
Milk is processed and marketed by 170 Milk Producers’ Cooperative Unions
Dairy Sector Contributes 17% of the Country’s Total Expenditure on Food
Per capita milk consumption is around 276 g per day
Dairy contributes to 16% of consumer spend on food – 18% in Urban, 15% in rural
Milk procurement price has grown by about 2.5 times in the last decade
Food Waste Management Market Report: Industry Outlook, Latest Development and...IMARC Group
The global food waste management market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the global food waste management market to exhibit moderate growth during the next five years.
To learn more about this market, visit us at: https://www.imarcgroup.com/food-waste-management-market
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The report has categorized the market based on region, waste type, process, source and application.
For more information, request for a free sample report https://www.imarcgroup.com/food-waste-management-market/requestsample
Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44- 753-713-2163 | Asia: +91-120-433-0800, +91-120-433-0800
Similar to LMC's New Service: Benchmarking costs of starches syrups and ethanol; Forecasting production costs by raw material and location (20)
Ang Chong Yi Navigating Singaporean Flavors: A Journey from Cultural Heritage...Ang Chong Yi
In the heart of Singapore, where tradition meets modernity, He embarks on a culinary adventure that transcends borders. His mission? Ang Chong Yi Exploring the Cultural Heritage and Identity in Singaporean Cuisine. To explore the rich tapestry of flavours that define Singaporean cuisine while embracing innovative plant-based approaches. Join us as we follow his footsteps through bustling markets, hidden hawker stalls, and vibrant street corners.
At Taste Of Middle East, we believe that food is not just about satisfying hunger, it's about experiencing different cultures and traditions. Our restaurant concept is based on selecting famous dishes from Iran, Turkey, Afghanistan, and other Arabic countries to give our customers an authentic taste of the Middle East
Roti Bank Hyderabad: A Beacon of Hope and NourishmentRoti Bank
One of the top cities of India, Hyderabad is the capital of Telangana and home to some of the biggest companies. But the other aspect of the city is a huge chunk of population that is even deprived of the food and shelter. There are many people in Hyderabad that are not having access to
3. We present ex-factory costs across a large selection of starch, syrup and ethanol products.
Note: Costs can also be prepared for lysine, MSG, lactic acid and citric acid.
Please contact LMC if these products are of interest.
Starches
Native corn starch
Native wheat starch
Native cassava starch
Acid-thinned modified starch
Cationic modified starch
Oxidised modified starch
Syrups
Glucose (fermentation grade)
Glucose (food grade)
HFS (separate costs for 42 and 55)
Ethanol
Ethanol
Industrial alcohol
Benchmarking costs across products …
3
4. … and raw materials, processes and countries
The service covers 5 key carbohydrate sources – corn, wheat, cassava (tapioca), molasses and
sugar/cane juice – across 18 major producing countries for various processes.
4
Region Process Cassava Molasses Sugar Cane Juice
Wet
Milling
Dry
Milling
Wet
Milling
Dry
Milling
Wet
Milling
Direct
Fermentation
Direct
Fermentation
Milling
Asia China
India
Indonesia
Japan
South Korea
Thailand
Vietnam
Europe France
Hungary
Russia
Ukraine
S America Argentina
Brazil
N America Canada
Mexico
US
Other Australia
South Africa
Corn Wheat
5. Clients can select the product and country of their choice.
This means you can purchase specific combinations of product & country to ensure that the
service is directly relevant to your business needs.
For example, you can choose 3 product-country combinations to compare costs of
producing:
• glucose (food grade) in France, from corn and wheat
• glucose (food grade) in China, from corn
• glucose (food grade) in the US, from corn
Optional Extra
We can extend the service for individual subscribers to drill down to costs at a plant-specific level.
We do this by adapting the parameters of LMC’s in-house model according to the product, location,
capacity, raw material and process fuel of the target plant.
The details of this plant-specific analysis are agreed with the client.
Choose a product and country
5
6. We focus on the major international benchmark
prices for the main raw materials:
Corn No.2 yellow corn, f.o.b. US
Gulf
Wheat HRW (hard red winter),
f.o.b. US Gulf
Cassava roots 25% starch, NE Thailand
Sugar ICE No.11 f.o.b., first
position futures
Molasses 43% TSAI (total sugars as
invert), Houston, Texas,
USA
Raw material costs – global
Raw material costs are the single most important expense when it comes to processing grain, tuber
and sugar crops.
We explain the factors that drive the prices of different crops and forecast raw material prices to 2030.
Price ratios of 4 raw material to corn
6
0%
150%
300%
450%
600%
0%
50%
100%
150%
200%
1961 1966 1971 1976 1981 1986 1991 1996 2001 2006 2011 2016
Sugar
Wheat,molassesandcassava
Wheat Molasses Cassava Sugar
7. For any processor, it is the local price of raw materials that matters. We examine local raw material
prices in relation to world benchmark prices.
• Are there particular locations or crops that deliver a competitive advantage?
• We forecast local prices for each raw material, for each featured country, to 2030.
Asia’s carbohydrate balance Asian corn prices
Raw material costs – local
7
-20
-10
0
10
20
30
40
50
1993 1998 2003 2008 2013
Milliontonnesofstarch/sugarequivalent
Cassava Corn Rice Sugar Wheat
Deficit
Surplus
0
50
100
150
200
250
300
350
400
2000 2002 2004 2006 2008 2010 2012 2014 2016
US$pertonne
US Corn FOB US Corn in Asia Chinese corn FOB
8. Co‐product values and their outlook
Price ratios of CGF and soybean meal to corn Co-products from grain processing are an
important source of revenue and must be taken
into account when estimating the net cost of
grains.
As part of the analysis we therefore:
• Examine the trends in co-product values,
relating these movements to the price of the
raw materials
• Identify locations that have favourable
fundamentals that support co-product values
• Forecast co-product values to 2030 for each
location, deriving the outlook for net grain costsCorn and wheat co-products
8
30%
60%
90%
120%
150%
180%
210%
50%
100%
150%
200%
250%
300%
350%
1986 1996 2006 2016
CGF
Soybeanandsoybeanmeal
Soybean meal CGF
Characteristic Main end-use Price driver
WET MILLING
Corn
Corn gluten feed (CGF) Fibre/protein Livestock feed Corn
Corn gluten meal (CGM) Protein Poultry feed Soybean meal
Corn oil Oil Food Oils complex/crude oil
Wheat
Bran Fibre Ruminant feed Feed wheat
Vital wheat gluten (VWG) Protein Bread-making, Corn/soybean meal
High value feed
DRY MILLING
Corn distillers' dried grains (Corn DDG) Fibre/protein Livestock feed Grains/oilseed meals
Wheat distillers' dried grains (Wheat DDG) Fibre/protein Livestock feed Grains/oilseed meals
9. Costs are broken down into:
• Cost item: labour, capital, utility (water,
fuel, chemicals, etc.)
• Plant scale: small, medium and large
• Energy used: gas, coal or bagasse
Time coverage:
• Historical estimates from 2000 through 2016,
with forecasts to 2030
Processing costs
LMC has developed a unique, comprehensive database of carbohydrate processing costs by product,
raw material, process and location. We have estimated costs back to 2000. This is extremely valuable
to provide a clear understanding of the trends in processing costs and their key drivers.
Full processing costs of fermentation
glucose
9
0
25
50
75
100
125
150
175
200
225
250
US(corn dry,
gas)
Thailand
(cassava, gas)
France(wheat
dry, gas)
China (corn
wet, coal)
US(corn wet,
gas)
France(wheat
wet, gas)
US$pertonne,drybasis
Capital Labour Energy Other
10. These costs are
provided in a user-
friendly database
presented in Excel pivot
tables.
On this and the
following pages, screen
shots display the kind
of data our database
provides and the ease
of accessing the data.
Here you can see how
the database allows
selection of product
and type of processing.
Full costs of production – LMC's database of products …
LMC prepares estimates of the full costs of production by product, raw material, co-product credits and
processing – with forecasts to 2030.
These screen shots are for illustration and display random data, rather than actual results.
10
11. … countries & raw materials …
Clients can select costs for 18 countries and 5 raw materials.
These screen shots are for illustration and display random data, rather than actual results.
11
12. Clients can select from 5 categories of costs – not just total costs – and the years 2000
through 2030.
… and types of costs & years
These screen shots are for illustration and display random data, rather than actual results.
12
13. Deliverables and contacts
Deliverables
Clients can purchase costs for the products and countries that they need and will receive:
• LMC Cost Database
− Detailed results in Excel for each product and country selected
− Explanation of LMC’s unique methodology for estimating processing costs
• An online presentation/meeting with senior LMC staff to discuss and interpret the findings & forecasts
Optional Extra
Plant-specific costs estimates
13
For further information, please contact:
Philip Digges, UK +44 1865 791737
pdigges@lmc.co.uk
Andrea Kavaler, USA +1 212 586-2427
akavaler@lmc-ny.com
14. Oxford
4th Floor, Clarendon House
52 Cornmarket Street
Oxford OX1 3HJ
UK
T +44 1865 791737
F +44 1865 791739
info@lmc.co.uk
New York
1841 Broadway
New York, NY 10023
USA
T +1 (212) 586-2427
F +1 (212) 397-4756
info@lmc-ny.com
Kuala Lumpur
B-03-19, Empire Soho
Empire Subang
Jalan SS16/1, SS16
47500 Subang Jaya
Selangor Darul Ehsan
Malaysia
T +603 5611 9337
info@lmc-kl.com
Singapore
16 Collyer Quay #21-00
Singapore 049318
Singapore
T +65 6818 9231
info@lmc-sg.com