LIVESTOCK NEWS
DTN Weekly Distillers Grains Update
Cheryl Anderson DTN Staff Reporter
Mon Jan 6, 2014 09:13 AM CST

DAVENPORT, Neb. (DTN) -- China's rejection of shipments of U.S. dried distillers grains has caused an upheaval in the market, sending DDG prices plummeting.

The trouble began when China rejected as many as 10 shiploads of U.S. corn in mid-December because it contained a genetically engineered variety that is not yet approved in that country. The shipments contained corn from an unapproved variety, MIR 162, more commonly known as Agrisure Viptera, which is produced by Syngenta Ag.

Traders worried that U.S. DDG shipments would be the next to be rejected by China. Their fears soon materialized when about 2,000 tons ...

Quick View
Related News Stories
Stressed Stockers
Ammoniation and WDG
The Market's Fine Print
Cutting Risks
Farming on the Mother Road - 6
Herd Booster
Extra Layers
BRD Mystery Continues
Beef Checkoff Rift Continues
Pasture App