Ethanol Blog
Cheryl Anderson DTN Staff Reporter

Wednesday 03/06/13

Costa Rican Dairy Expansion Could Boost DDGS Sales

Costa Rica's largest dairy recently announced its acquisition of a Panama company, a move which could expand the market for U.S. dried distillers grains with solubles in Costa Rica.

According to an article by the U.S. Grains Council (http://bit.ly/…), Costa Rica-based Dos Pinos purchase of Nevada, a company producer of milk and fruit juices. The company has the capacity to process 100,000 liters of milk per day and controls approximately 70% of the Panamanian milk market. Dos Pinos has 500 product lines and exports approximately $84 million yearly to Central America, the U.S. and countries such as Trinidad and Tobago, Dominican Republic, Cuba, Aruba, etc.

The expansion of Dos Pinos could increase the Panamanian dairy sector demand for U.S. DDGS, as Dos Pinos has been a key partner with the council in promoting DDGS in Costa Rica.

The acquisition is pending approval from Panama's Consumer Protection and Competition Authority, and if approved, could improve the country's milk industry and expand usage of U.S. DDGS.

Cheryl Anderson can be reached at Cheryl.anderson@telventdtn.com.

Posted at 11:00AM CST 03/06/13 by Cheryl Anderson
Post a Blog Comment:
Your Comment:
DTN reserves the right to delete comments posted to any of our blogs and forums, for reasons including profanity, libel, irrelevant personal attacks and advertisements.
Blog Home Pages
April  2015
S M T W T F S
         1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30      
Subscribe to Ethanol Blog RSS
Recent Blog Posts
  • Spot Ethanol Prices Retreat on Profit-Taking
  • DDG Prices Drop as Barge Freight Falls
  • West Coast Spot Ethanol Prices Spike on Short Squeeze
  • Spot Ethanol Prices Pressured by Bearish EIA Data
  • DDGS Play Vital Role in Nebraska Ethanol Impact
  • Spot Ethanol Prices Flat to Up as Supply Data Eyed
  • Argo, PNW Spot Ethanol Prices Nudge Higher in Thin Trade
  • An Economic Case for Ethanol
  • Spot Ethanol Gains at Argo, Steady in New York Harbor
  • Grains Council Works to Open Cuban Markets
  • Ethanol Production Sliding Lower
  • Spot Ethanol Advances After Bullish Weekly Supply Report
  • D6 RINs Extend Higher; Spot Ethanol Prices Flat
  • D6 RINs Edge Higher While Spot Ethanol Prices Ease
  • Corn Prices Remain Range Bound
  • DDGS Rise to Highest Level in Five Months
  • Spot Ethanol Prices Weaken Amid Sluggish Demand
  • Gasoline Stocks Change Direction
  • Spot Ethanol Prices Mostly Flat in Lackluster Trade
  • Spring Buying in the Air