NEWS
Ethanol Blog
Cheryl Anderson DTN Staff Reporter
Mon Jan 19, 2015 04:29 PM CST

China has now officially accepted the Syngenta MIR 162 (Agrisure Viptera) biotech trait and is reportedly seeking U.S. corn and dried distillers grains with solubles, but U.S. sellers will justifiably be cautious, according to an article by Ethanol Producers (http://bit.ly/…).

Randy Ives, director of ethanol services for Gavilon, stressed that U.S. DDG marketers will likely be careful to manage risk regarding trade with China, largely due to issues with trade from the past year.

In Dec. 2013, China began to reject shipments of U.S. corn with the trait, and rejection of DDG soon followed, causing prices to plummet. ...

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