News & Events
For the past six years, Israel has been a small but steady buyer of U.S. corn co-products such as distiller's dried grains with solubles (DDGS), corn gluten feed and corn gluten meal as seen in the chart. U.S. feed grains have a difficult time competing in Israeli's market due to competition from the Black Sea region and from South America. Even with this competition, however, U.S. corn co-products have found a niche market in Israel.
The situation in Egypt remains unsettled, and the U.S. Grains Council's first priority is ensuring the safety of our staff.
The U.S. Embassy in Cairo was closed on Sunday, July 14 (a work day in Egypt) and reopened on Monday, July 15. The Embassy currently has posted a security message to U.S. citizens warning of possible demonstrations on Friday, July 19. The Council's Cairo office was closed Monday but opened Tuesday and Wednesday. The staff will make a day-to-day decision on whether the streets are quiet enough for safe travel between home and office.
The situation in Egypt continues to be fluid. As of Tuesday of this week, U.S. Grains Council staff in Cairo reports that the streets are quieter, people are beginning to venture out, and local stores seem to be well stocked with food for Ramadan, which began Monday. The political situation, however, remains unpredictable, as all parties continue to discuss their next steps following the army's ouster last week of Egyptian President Mohamed Morsi.
Massive demonstrations in Egypt and throughout this second round of protesting has the U.S. Grains Council stressing the importance of staff security. As the military's ultimatum deadline came and went, Egyptian President Mohamed Morsi urged the military not to take sides and offered a consensus government as a solution to the upheaval.
This week's U.S. Grains Council Chart of the Week shows poultry meat consumption in the Middle East, Southeast Asia, Sub-Saharan Africa and South Asia. The pattern of increased poultry meat consumption in developing countries reflects the growing demand for improved diets. This chart suggests that the higher commodity and input prices in recent years have had little impact on the growth of poultry meat consumption in the developing world.
At the U.S. Grains Council's 10th International Marketing Conference and 53rd Annual Membership Meeting in Charleston, S.C., Feb. 11-13, 2013, attendees will enjoy the opportunity to hear how the Council's mission of Developing Markets, Enabling Trade and Improving Lives is achieved. Dr. Hussein Soliman, USGC director in Egypt, will provide a unique glimpse at the work he has done and some challenges he has faced during his more than 20 year tenure promoting U.S. barley, corn, sorghum and co-products.