NEWS
Ethanol Blog
Cheryl Anderson DTN Staff Reporter
Fri Aug 1, 2014 06:29 PM CDT

Just when it appears that prices of dried distillers grains might finally end their three-month freefall, China placed yet another demand on U.S. ethanol producers and all hell broke loose in the market.

China announced last week that it will now require official certification accompanying all DDG shipments guaranteeing it contains no trace of the GMO corn trait MIR 162. While the U.S. is unlikely to agree to China's demand, the announcement literally blew up the market, causing DDG prices to plummet.

Between China's latest debacle and prediction of a record crop, the DTN weekly DDG spot price average fell ...

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