Growth Energy Disappointed by Chinese Trade Restrictions on DDGS

WASHINGTON, DC — Following the announcement by China’s Ministry of Commerce that it has initiated anti-dumping and countervailing duty investigations of U.S. DDGS exports to China, Tom Buis, co-chair of Growth Energy, weighed in with a statement noting his dissatisfaction with the allegations:

“We are disappointed to see the initiation of anti-dumping and countervailing duties cases against U.S. DDGS exports to China. The false allegations by the Chinese petitioners have the potential to seriously threaten our largest overseas market for DDGS and could have a significant impact on the supply, demand and price for DDGS in the U.S. and other foreign markets. We are working closely with our members and the U.S. Grains Council as it coordinates an industry response.”

# # #