China’s DDGs policy ruling operations

There is still no approval admitting DDGs into China with Syngenta's MIR 162 trait, despite the last date for departure delayed from 24 July to 18 August.

A considerable amount of tonnes remain on contract, but have not yet shipped. Those contracted values significantly exceed their value in the current marketplace.

Along with DDGs shippers, the Chinese General Administration of Quality Supervision, Inspection and Quarantine office has bene working to find a solution that satisfies the parties involved.

DDGs prices plummeted by more than 50% in July and August, but with a surge in corn production anticipated in the US and the majority of other countries, DDGs will be moving to the US following the loss of China.