Bangladesh’s livestock feed industry is seeing a major shift as it increasingly sources key ingredients from India, thanks to the rapid expansion of India’s ethanol sector. Distillers dried grains with solubles (DDGS), a byproduct of ethanol production made from rice and corn, are becoming the top choice for feed manufacturers in Bangladesh, reported Ukr Agro Consult citing Asian Agribiz report.
According to Mohammad Nazrul Islam, secretary general of the Bangladesh Feed Manufacturers Association, Indian DDGS is cheaper than the US alternative. “There’s a price difference of up to $100 per tonne,” he told AsianAgribiz. “That matters a lot for us, especially when the feed industry is already under pressure.”
India’s growing ethanol production has sharply increased the demand for corn, driving up domestic prices. India, once a net exporter of corn, is now on the verge of importing it to meet the demands.
