World Grain - December 2018 - 12

NEWSREVIEW

Cooperatives plan to build 25 grain silos in Ethiopia
ADDIS ABABA, ETHIOPIA - The Federal
Cooperative Agency (FCA) recently signed
a memorandum of understanding with regional cooperatives in Ethiopia to build 25
grain silos at a cost of $800,000, according
to AllAfrica.
The grain silos will be used by agricultural cooperative unions involved in the teff

and wheat value chain in Tigray, Amhara,
Oromia and Southern regional states.
The FCA and the Alliance for Green
Revolution in Africa (AGRA) have begun
construction of the silos, which are expected
to be completed by 12 contractors in three
months before AGRA's three-year project in
Ethiopia is phased out, AllAfrica said.

According to AllAfrica, the Oromia regional state will have 10 silos, Tigray will
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will have four.
Abdi Mumed, deputy director of the FCA,
told AllAfrica that the silos will help alleviate the shortage of warehouses in Ethiopia
and also help cooperative unions by providing a reliable and effective market outlet.
"To create a sense of ownership, the cooperative unions will contribute equity to the
construction," Mumed said. "The cooperative unions will cover differences from actual and estimated costs and price differences
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Cargill opens feed mill in Vietnam
BINH DUONG, VIETNAM - Cargill
opened a new $28 million feed mill in
Binh southern Vietnam. The mill is the
company's 12th animal nutrition facility
in the country, its largest and most technologically advanced.
The 48,000-square-meter feed mill
produces a wide portfolio of poultry and
swine feed and has an annual capacity of
240,000 tonnes. As Cargill's largest and
most innovative feed mill in Vietnam, a
large portion of the plant's operations are
automated, allowing for increased operaWLRQDOHI¿FLHQF\DQGDQHQKDQFHGFXVWRPer experience, providing excellent service
for a range of demands.
The company noted the Binh Duong
provided a strategic location for Cargill to
open the feed mill, due to its prime location, the province's strong push to modernize its local agriculture industry, its
move toward sustainable farming and its
strong support for agriculture infrastructure development.
According to Cargill, animal protein consumption has been increasing in
Vietnam and the trend is expected to continue in line with the country's rapid economic growth and regional trends. After
recovery from the recent market turbulence caused by large pork oversupply during the last two years, Vietnam's national
feed market is expected to grow about 3%
annually and it remains the largest commercial feed market in ASEAN. Meat,
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higher protein intake in southeast Asian
countries, particularly Vietnam, along with
Myanmar and Indonesia, according to research from The Economist Intelligence
Unit (EIU).
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World Grain - December 2018

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