The U.S. Grains Council sees a great opportunity for America's corn growers in Morocco. With the announcement of an incentive program to establish 20 to 30 large beef feedlots and ten modern meat processing facilities designed to increase domestic beef production by 80% by 2020. USGC believes additional commodity purchases will increase returns to $60.5 million each year by 2011.
The council jump-started beef production in Morocco five years ago with the introduction of a large livestock cooperative called COPAG. Two years later the Council introduced U.S. distiller's dried grains with solubles and corn gluten feed to the Moroccan marketplace. As a result, COPAG established a 10,000 head feedlot and another four feedlots and three large dairies have been built or are in the process of being built. With that the demand for corn and its co-products has spiked.
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