Sunday 01 April 2012
Egypt
Buying more brewers grain
An influx of suppliers, including Council members Cargill and ADM, are helping to redefine Egypt’s current DDGS market.
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.
Egypt imported a total of 130,000 metric tons of DDGS in 2011. Given industry growth and DDGS continued popularity as an alternative feed source, we expect demand to exceed this.
Source: Argentine Beef Packers S.A.
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