China places Anti-Dumping Duties on U.S. DDGs

Dan Grain, Industry News Release

China on Friday announced anti-dumping duties on U.S. distillers ‘dried grains, or DDGs, shipped by two U.S. suppliers. The 33.8 percent duties are effectively immediately against Louis Dreyfus and Archer Daniels Midland. There’s no word on a final decision, but the duties stem from a months-long investigation by China following complaints that the U.S. was unfairly benefiting from subsidies, according to Pro Farmer’s First Thing Today. China is the world’s top buyer of DDGs, a by-product of corn ethanol. China imports almost all of its DDGs from the United States, the largest exporter. Trade experts fear the final decision regarding the duties on DDGs could be even higher than the one issued Friday.

From the National Association of Farm Broadcasting news service.

Image: Courtesy of U.S. Grains Council.