In a country largely dependent on oil exports, the ethanol industry is often maligned and a large target of contention and discomfort in Saudi Arabia. However, as Venezuela overtook Saudi Arabia to become the owner of the largest share of the world’s known oil reserves in 2011, Saudis are now focusing on the need to diversify their economy, with agriculture garnering significant interest as a new revenue stream.
Already home to the largest dairy integrations in the world, the country once opposed to ethanol now cooperates with the U.S. ethanol industry to satisfy feed demand with ethanol co-product distiller’s dried grains.
The U.S. Grains Council, which has operated in Saudi Arabia for decades, recently undertook a unique challenge as it launched efforts to expand market access for U.S. DDGS, which are derived from the prohibited alcohol production industry. While initial efforts were met with trepidation, the Council persevered, successfully gaining placement for distiller’s dried grains with solubles on the much desirable “feed ingredient subsidy list.”… Continue readingRead More »