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The U.S. Grains Council reports that US DDGS exports rose 2.2% year-over-year in 2017/18 to 10.5 million metric tons, though still below the 2013/14 peak of 12 million. China's purchases fell 78.4% to about 157,000 tons after anti-dumping and countervailing duties were imposed.
Buyers in other markets have expanded purchases.
Shifting buyers reduce reliance on China and support steady export demand for DDGS, which cushions prices when trade disruptions arise. The trend supports the feed value of DDGS for global buyers.
grains.orgSep 13, 2018Not 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.
