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China has published a list of 88 U.S. companies eligible to export distillers dried grains, a step toward reopening its market after the phase one trade pact. Trade has been halted for about three years due to anti-dumping and countervailing duties, and the tariffs still need to be removed.
A reopening of China as a DDGS buyer would add export demand, but high tariffs still block shipments, so the price effect is limited for now.
agri-pulse.comBill TomsonMar 16, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
