Wednesday, January 5, 2011

China's anti-dumping case against US DDGS imports could be disruptive to trade

The U.S. Grains Council has released a statement in reposnse to China's anti-dumping case against U.S. DDGS imports, calling the investigation "surprising" and one that "could be disruptive to trade."
"China’s unusual market and supply volatility over the last two years has resulted in new global trade flows," said Grains Council President and CEO Thomas C. Dorr. "As trade flows change, it should perhaps not be surprising there would be an adjustment period in response to unprecedented demand. The United States takes pride in being a reliable supplier of high-quality feed and food grains and its ability to rapidly respond to global market demands." Dorr said the Council looks forward to maintaining its good relationship with China and hopes for a positive resolution to the investigation.

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