Ethanol Blog

Corn, DDG Exports Boom to Middle East and North Africa

Cheryl Anderson
By  Cheryl Anderson , DTN Staff Reporter

Exports of U.S. grains and co-products to the Middle East and North Africa have rebounded in this market year, according to an article by the U.S. Grains Council (http://bit.ly/…).

The region has sharply increased their demand for U.S. grains and co-products since the last marketing year.

In the 2012/2013 marketing year, the region imported less than 300,000 metric tons (11.8 million bushels). However, as of Aug. 21, the Middle East and North Africa had already imported almost 4.4 million metric tons (173 million bushels).

The Council attributes the growth to prices, world market conditions and consistent trade servicing.

Cary Sifferath, regional director of the Middle East and Africa for the Council, said the Council remains in communication with major buyers regarding prices of U.S. corn and co-products. He added that the Council also reminds buyers in the area about co-products such as dried distillers grains with solubles and corn gluten feed and helps buyers import corn and co-products in combined shipments. The Council also works on bringing current technical information to the feed, broiler and dairy industries.

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

(CZ)

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