NEWS
China Resuming US DDG Imports
Cheryl Anderson DTN Staff Reporter
Fri Jan 10, 2014 07:41 AM CST

DAVENPORT, Neb. (DTN) -- Although a trade dispute with China may be easing, a certain amount of surplus dried distillers grains is still on the market, which kept prices from recovering this week.

In mid-December, China rejected some 10 shiploads of U.S. corn because it contained the MIR162 trait, also known as Agrisure Viptera, produced by Syngenta Ag. Rejection of about 2,000 metric tons of DDG soon followed, causing panic in the market and shipments to China came screeching to a halt in fear they would be rejected. That, in turn, caused a glut of product domestically and sent prices ...

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