Chinese officials have announced anti-dumping duties on U.S. dried distillers grains or DDGs. The 33.8 percent duties are effective immediately against Louis Dreyfus and Archer Daniels Midland. U.S. Grains Council Chairman Chip Councell says his group is disappointed with the decision and is hoping to work with the Chinese government to reach a suitable solution.
He says the Chinese are difficult to deal with but he’s hoping they’ll be able to work through the problems and restore the market as quickly as possible.
Councell says while the DDG market in China is an important one, there are other customers demanding U.S. DDGs.
The recent duties placed by the Chinese follow a months-long investigation by China following complaints that the U.S. was unfairly benefiting from subsidies.
