Egyptian DDGS Market Makes Room for More Suppliers
- Published on Tuesday, 13 March 2012 15:05
By Dr. Hussein Soliman, USGC Director in Egypt
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 number 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 over the next year.