The United States harvested a record 387 million metric tons (15.24 billion bushels) of corn in 2016, according to U.S. Department of Agriculture (USDA) data. That huge crop increases the need to find new markets for these big crops.

One area of focus is Colombia, where an expanding middle class is expected to lead to increased per-capita meat consumption. To meet this growing demand by 2030, Colombia’s livestock sector is expected to increase output by more than 50 percent from 2014 levels.

However, the country’s lagging crop production performance is also projected to continue, which will force Colombia’s livestock producers to depend on feed grain...