NEWS
DTN Weekly DDG Column
Cheryl Anderson DTN Staff Reporter
Mon Jun 16, 2014 10:53 AM CDT

OMAHA (DTN) -- A recent announcement by China that it would stop issuing permits for imports of U.S.-produced dried distillers grains has wreaked havoc on the market, sending DDG prices on an unprecedented downward spiral.

China's move came as a result of the country's long-standing reluctance to approve the MIR 162 trait in corn, more commonly known as Agrisure Viptera, produced by Syngenta Ag.

Merchandising companies contacted weekly by DTN reported drops in spot prices between $10 and $45 per ton in the past week.

The DTN weekly DDG spot price average fell $22 per ton in the past week, ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
The Market's Fine Print
The Bull Pen
Water Quality
Building a Beef Co-Op
DTN Weekly Distillers Grains Update
Going Green
Calving Tips
Strong Immunity Wins
DTN Weekly Distillers Grains Update
DTN Weekly Distillers Grains Update