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U.S. distillers grains exports totaled 11.08 million metric tons in 2017, a four-year low, with about 29 percent of production exported. Exports to China plunged 84 percent after China imposed anti-dumping and countervailing duties on U.S. product, dropping China to eighth place.
China's duties removed a major outlet for U.S. DDGS, adding supply to domestic and other export markets and pressuring DDGS prices relative to feed alternatives.
ethanolrfa.orgRenewable Fuels AssociationFeb 22, 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.
