The overall consumption of grain and feed in the United Arab Emirates (UAE) will grow nearly 6% over the next year, thus boosting imports, finds a USDA GAIN report.
Agthia Group and Anderson Hay and Grain are forming a joint venture to bring US forage and feed products to the United Arab Emirates (UAE) and GCC (Cooperation Council for the Arab States of the Gulf).
UAE food and beverage group, Agthia, has signed a deal with Abu Dhabi Ports to expand its flour and feed facilities as the feed side currently faces challenging market conditions.
The Agthia Group said expansion of an existing feed production facility to keep up with the growing demand of the United Arab Emirates (UAE) poultry market is near completion.
Competitive grain sourcing, lower poultry imports and feed production efficiency have helped generate a profit hike of 35% for the animal feed and flour division of United Arab Emirates (UAE) food group, Agthia, for the first quarter of this year.