WASHINGTON, D.C., U.S. — An influx of suppliers, including U.S. Grains Council (USGC) members Cargill and ADM, are helping to redefine Egypt’s current DDGS market, the council said on March 15.
Given recent market dynamics in the country’s livestock sector, output expansion in all animal protein production sectors is attracting suppliers, who anticipate a surge in grain usage.
With an expanded supply and roster of suppliers, DDGS is priced very competitively in the Egyptian market, which fuels the expansion of meat, milk and egg production, USGC said.
Egypt imported a total of 130,000 tonnes of DDGS in 2011. Given industry growth and DDGS continued popularity as an alternative feed source, the USGC said it expects demand to exceed this.