China is working on opening up its market once again to U.S. exporters of distiller’s dried grains with solubles (DDGs).
China’s General Administration of Customs has released a list of almost 90 companies that are eligible to export DDGs to the Asian country. At one time, China was the largest overseas market for U.S. DDGs, but trade came to a stop after the Chinese government put steep anti-dumping tariffs and countervailing duties in place three years ago. Before that, the U.S. exported as much as $1.6 billion worth of DDGs to China as recently as 2015.
Agri-Pulse reports negotiators fought hard to get China to agree in the Phase One Trade Agreement to re-certify U.S. producers to sell to their Chinese clients as trade will pick up once again between the two countries.