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GRAINS COUNCIL ISSUES STATEMENT ABOUT CHINA'S DDGS ANTI-DUMPING CASE
Dec. 30, 2010
Source: U.S. Grains Council (USGC) news release
Statement from Thomas C. Dorr, USGC President and CEO
"The U.S. Grains Council has a 25 year history of market development and capacity building programs in China and values the U.S./China market and trade relationship. China is a critical partner in trade and an important market for the United States.
"China's investigation of U.S. DDGS imports is surprising and could be disruptive to trade. China's unusual market and supply volatility over the last two years has resulted in new global trade flows. 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.
"The mission of the U.S. Grains Council is to help keep markets open and support the free flow of goods. The Council looks forward to continuing the strong trade relationship with buyers and end-users of U.S. goods in China and encourages a positive resolution to the investigation."
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