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March 15, 2011

China’s biggest animal feed producer urges Government to halt DDGS investigation

New Hope Group, China’s biggest animal feed producer has urged the government to halt its anti-dumping investigation against exports of US DDGS (distillers' dried grains). Feed industry left out of the loop "The investigation has not consulted the feed industry and only represents the interests of some ethanol producers," Liu Yonghao, the chairman of New Hope stated.

According to a report by Reuters, cheap US DDGS imports brought costs down for feed mills last year and China's investigation which was launched late last year have driven up domestic prices of the by-product, said Liu, a member of the advisory body to the parliament. Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.
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