USGC engages aquaculture sector with immediate success
SOURCE: U.S. Grains Council
June 21, 2023
BY U.S. Grains Council
Using Market Access Program funds, the U.S. Grains Council Mexico kicked off its latest DDGS market development program in the aquaculture sector. Previously, the Council had a limited engagement with the aquaculture sector in Mexico, with the initial assessment taking place in 2021.
The assessment was conducted in the major aquaculture-producing hubs of Sinaloa, Sonora, Jalisco and Chiapas. Commercial aquaculture feeds represent approximately four percent of the total compound feed market or 1.5 MMT annually. In exploring the potential for DDGS and the high-protein corn co-products being produced by the ethanol industry, the Council found the market potential for their products is approximately 155 TMT per year.
Through a series of face-to-face meetings, workshops and trade team visits, the Council has quickly been able to engage this new market opportunity. Our Mexican customers were excited to hear about HighPro DDGS (>50 percent protein) as an affordable and sustainable replacement for dwindling supplies of fish meal.
In 2022, the Council sponsored two feed purchasers from a large Mexican feed mill to Omaha, Nebraska where they visited ethanol plants producing traditional DDGS and the newer HighPro DDGS product. As a result of this program and the earlier outreach efforts, the company purchased 1,300 MT of HighPro DDGS for trials to compare it with their current diets in production systems, which was a great start to the aquaculture program with the industry’s largest player.
Advertisement
Advertisement
As a result of the Council’s marketing programs of new technology DDGS, the company notified the Council it planned to use the HighPro DDGS again for this year and purchased 2,500 tons with an approximate value of $1.8 million.
Advertisement
Advertisement
Related Stories
Argent Energy, a leading European biofuels manufacturer, has officially launched Europe’s largest facility dedicated to producing biobased, technical-grade glycerin at its Port of Amsterdam site in the Netherlands.
Preliminary agenda released for 40th annual International Fuel Ethanol Workshop & Expo
By BBI International
March 15, 2024
Ethanol Producer Magazine announced this week the preliminary agenda for the 2024 International Fuel Ethanol Workshop & Expo (FEW) taking place June 10-12, 2024 at the Minneapolis Convention Center in Minneapolis, Minnesota.
A University of Alberta researcher has developed better ways to convert carbon dioxide, a harmful greenhouse gas, and glycerol, a leftover of biodiesel production, into value-added materials with wide-ranging uses including liquid hydrogen storage.
A group of some of the largest shrimp producers in Ecuador recently attended the Distillers Grains Technology Council's Distillers Symposium in Iowa with the USGC. The event provided an overview of the U.S. distillers’ industry.
European renewable ethanol association (ePURE) members produced produced 5.9 million metric tons of food and feed coproducts and 4.5 million metric tons of ethanol in 2022, according to an audit released Sept. 6.
Upcoming Events
