# U.S. Grains Council on China actions - Morning Ag Clips

> The US Grains Council criticized China's MOFCOM decision to impose anti-dumping and countervailing duties on US DDGS, after China raised tariffs on US ethanol from 5% to 30%. The group also noted that China has not approved new biotech corn events since 2014.

- Date: 2017-01-11 · published 2017-01-11T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/72865-u-s-grains-council-on-china-actions-morning-ag-clips
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A series of Chinese restrictions on DDGS, ethanol and corn cuts off a key export market for US feed ingredients, which pressures DDGS and corn prices and widens the discount to competing supplies.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-05-02 | [U.S. grains: Soybeans slide on renewed trade tensions with China - Grainews](https://feedsoft.ai/events/53163-u-s-grains-soybeans-slide-on-renewed-trade-tensions-with-china-grainews.md) | +1.9% | +1.9% |
| CORN | 2017-01-11 | [Growth Energy Statement on China’s Decision Against U.S. DDGS Grains Producers](https://feedsoft.ai/events/72990-growth-energy-statement-on-china-s-decision-against-u-s-ddgs-grains-producers.md) | +0.0% | +1.3% |
| CORN | 2019-05-16 | [US Grains Council says US-China trade war hitting crush margin by 10 cents a gallon  : The Daily Digest](https://feedsoft.ai/events/59108-us-grains-council-says-us-china-trade-war-hitting-crush-margin-by-10-cents-a.md) | +4.0% | +9.8% |
| CORN | 2021-08-07 | [Grains Council Chief Says USMCA Isn't Without Challenges \| AG \| kmaland.com](https://feedsoft.ai/events/45529-grains-council-chief-says-usmca-isn-t-without-challenges-ag-kmaland-com.md) | +0.6% | -6.4% |
| CORN | 2020-02-13 | [U.S. grains: Soy up on prospects for Chinese demand - AgCanada](https://feedsoft.ai/events/54655-u-s-grains-soy-up-on-prospects-for-chinese-demand-agcanada.md) | +1.0% | +1.3% |

## Sources

- morningagclips.com: https://www.morningagclips.com/u-s-grains-council-on-china-actions/

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