Regardless of the high value of castor bean oil on the international market, due to its chemical properties, this crop remains a niche production and does not make the object of thorough agronomic studies. With the intent of increasing its procurement, a large international player, has commissioned FGM International to support the value chain development.
Since it is a limited spread crop in mechanized farming systems in Brazil, the castor beans producers were in lack of accurate technical information concerning it and didn’t foresee the economic potential of castor beans. FGM International had to set up a field trial in order to build up a database and awake interest towards integrating castor beans in the crop rotation.
FGM has identified and documented key axes of improvement to increase yield and profitability. FGM’s client has benefited from actions ultimately leading to the structuring of castor bean production as well as a fundamental communication tool for area and volume expansion.
This service was delivered within a 5-years contractual relation with our client. The overall project was to promote castor bean production in several countries to multiply the procurement potential and mitigate the soaring price of castor oil. Trials were stepped-up in the area of a very large farming group in Mato Grosso; the group in question owns several farms and has been producing castor bean as secondary crop for several years.