Hominy
Feed: Market Outlook
Hominy
feed is used as a basic ingredient for feeds for dairy and beef
cattle. Hominy feed is used mostly for ruminant diets as they are a
high source of fats and proteins. Hominy feed is a by-product of the
dry-corn milling process and represents about one-third of the
starting corn quantity. It is made from corn kernels but contains
more nutritional value than corns and has replaced corns in the
animal feed.
Also,
ethanol production industry from this is growing at a fast pace in
the world and mostly in the USA. Hominy feed is a potential feedstock
in ethanol production due to its high starch content. The demand for
hominy feed will increase for ethanol production in the next 4-5
years.
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Although
hominy feed is a feed that is traded worldwide, it is a major
commodity in developing countries due to its low cost-value. In
developed countries, it is mostly mixed with other products.
High
nutritional content has replaced Corn with Hominy feed as Livestock
Feed
The
shortage of energy content in the dairy ration has resulted in the
limiting factor in the production of milk. It is a necessity for the
lactating cattle to get essential energy content in their nutrition.
Hominy feed even though obtained from the corn kernels, contains more
nutritional content than that of corns. It has a high content of
starch. This means that it contains a high content of fat and
proteins and thus hominy feed is responsible for high gross energy
added to the feed. This is due to its unprocessed nature and also
less exposure to the heat that has kept the nutritional content
intact. Also, it does not require to be ground and is palatable for
the ruminants. The protein content is also more than the dried corn
kernels. The corn can thus be replaced by the hominy
feed in a very high proportion. These varied advantages of
hominy feed have made it a suitable pre-ingredient to be added to a
livestock feed especially for dairy and beef cattle.
Hominy
Feed: Key Market Participants
Some
of the leading players of global Hominy feed market include Semo
Milling, LLC, PV Sons Corn Milling Co. Pvt. Ltd, Granam American
Grain Company, Bunge North America, Inc., LaBuddhe Group, Inc.,
Commodity Specialists Company, Sharifa Agrotech and Food Processing
Pvt. Ltd., Dexterous Products Pvt. Ltd.
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