# A little ethanol love from China could soothe ailing U.S. ag economy

> Marquis Energy's CEO says that a resumption of Chinese purchases of U.S. ethanol could ease the farm economy. China has tariffs of about 70% on U.S. ethanol and fees on DDGS, which have choked demand since April.

- Date: 2018-12-24 · published 2018-12-24T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/61563-a-little-ethanol-love-from-china-could-soothe-ailing-u-s-ag-economy
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Renewed Chinese ethanol buying would absorb surplus U.S. output and lift corn and DDGS demand. The idea is still speculative, so near-term price impact is limited.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-08-18 | [China, facing high corn prices, buys more from U.S](https://feedsoft.ai/events/51475-china-facing-high-corn-prices-buys-more-from-u-s.md) | -0.0% | +5.4% |
| CORN | 2021-04-23 | [China Is Already Scooping Up U.S. Corn From the Next Harvest - Caixin Global](https://feedsoft.ai/events/47455-china-is-already-scooping-up-u-s-corn-from-the-next-harvest-caixin-global.md) | +10.5% | +8.1% |
| CORN | 2019-10-18 | [China's pork shortage could give US farmers a chance to cash in](https://feedsoft.ai/events/56566-china-s-pork-shortage-could-give-us-farmers-a-chance-to-cash-in.md) | -1.6% | -2.4% |
| CORN | 2021-11-24 | [China’s Corn Imports Up 236% from 2020 \| CZ app](https://feedsoft.ai/events/14982-china-s-corn-imports-up-236-from-2020-cz-app.md) | -3.8% | -0.0% |
| CORN | 2021-11-03 | [China Willing to Buy $20 Billion of U.S. Ag in Year One - The Scoop](https://feedsoft.ai/events/14981-china-willing-to-buy-20-billion-of-u-s-ag-in-year-one-the-scoop.md) | +1.2% | -1.3% |

## Sources

- farmprogress.com: https://www.farmprogress.com/corn/a-little-ethanol-love-from-china-could-soothe-ailing-u-s-ag-economy

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.