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Illinois Soybean visits Dubai area for opportunities
The Illinois Soybean Association vice chair is with the USA Poultry and Egg Export Council in the United Arab Emirates, exploring new markets for soybean meal.
Brownfield spoke with Bill Wykes, vice chair of Illinois Soybean and a grower in Yorkville, Illinois. He says tourism is huge in Dubai and the capital of Abu Dubai – and 60 percent of the poultry imported there is used by the service industries…
Wykes says the livestock industry is the number one priority for the Illinois Soybean Association. While there is some local production in the UAE, he says, it’s dwarfed by the need. Dubai is a duty free zone that serves a huge region of the world…
Wykes says they have met with importers and service industry folks about the export potential, exploring the value chain for new markets…
While Brazil is the main competitor in the Dubai region, Wykes emphasized that it is NOT the only one in that very competitive marketplace.
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