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DTN Weekly Distillers Grains Update
Russ Quinn DTN Staff Reporter
Mon Jun 30, 2014 01:51 PM CDT

Although China has yet to formally announce its ban on new permits of U.S. dried distillers grains with solubles, existing permits are being honored and the market seems to have found the bottom of a price free-fall.

Existing permits for DDGS to enter China are still valid and contracts are still being written, according to an article by the U.S. Grains Council (http://bit.ly/…).

With existing permits still being honored and contracts still being written, the market has had to quickly adjust to the new rules for DDGS shipped to China.

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