September 29, 2016

29/09/2016: Statement from US DDGS organisations on China preliminary determination in countervailing duties investigation

A statement from the US Grains Council (USGC), Growth Energy and the Renewable Fuels Association (RFA):

“We are disappointed that the Ministry of Commerce of the People's Republic of China (MOFCOM) has issued a preliminary determination claiming US dried distiller’s grains with or without solubles (DDGS) are being unfairly subsidised by US government entities and have caused injury to the China’s DDGS industry.
 
Image: futureatlas.com

US DDGS have not caused any injury to China’s DDGS producers. This announcement is not a surprise given MOFCOM’s treatment of the US DDGS industry last week.

"US DDGS play an important role in protecting Chinese feed producers and households against unpredictable swings in global commodity prices.

"We will continue cooperating fully with these investigations, and we remain hopeful that MOFCOM will find in its final determination that continued access for US DDGS is in China’s interest."


Read more HERE.
 

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