The trade association is working to overcome the challenges presented by small volumes and fragmentation to stimulate demand from the aquaculture industry for DDGS and other grain co-products.
“DDGS always fit well with the aquaculture sector; it’s just that feed volumes are relatively small and the industry is highly fragmented. However, the opportunity is there and the Council is trying to expand its engagement with this growing sector,” a USGC spokesperson told FeedNavigator.
Aquaculture in North Africa and Southeast Asia presents a particularly attractive target outlet for US grains, as “a new market opportunity and growing industry” said the spokesperson.
“In addition, the US ethanol industry is producing high protein DDGS products that fit well into this high value market,” noted USGC.
North Africa: early engagement essential
Egypt leads North Africa in aquaculture production and USGC reported that it was still seeing significant investment in new aquaculture operations there.
There is also investment going into other parts of the region. The Moroccan government, for example, has a program to promote aquaculture development. In the light of this, the USGC applied for and was awarded a $200,000 grant from the United States Department of Agriculture (USDA) to engage with the aquaculture sector. The USGC said the grant will be used to teach Moroccan feed millers about the necessary equipment and technology to produce high performing aquaculture feeds.
“With significant investment being promoted in North Africa, it is important to engage early in the industry growth,” said the spokesperson.
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August 05, 2021 at 07:08PM
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