Thursday, December 22, 2011

US Corn Farmers Feeding the World

US DDGs shipped around the world.  Removing a portion of the corn oil from the DDGs helps drying, ease of transfer and shelf-life. 

"Wisconsin corn is feeding cattle in Japan, hogs in Vietnam and a rapidly growing middle-class in China hungry for a more sophisticated diet."

"Last year, China was the largest importer of another important U.S. corn industry product-dried distillers grain (DDG). However, claims of dumping by the Chinese government halted DDG imports this year. While the DDG case is widely recognized as retaliation for U.S. claims of Chinese tire dumping, Sanchez said the issue appears so political it can't be resolved quickly. He told the group that Chinese feed buyers tried forming a coalition to persuade their government to drop the case but the movement didn't gain traction."

"I don't know when the DDGs issue will blow over, but they can't keep it up for very long," Sanchez said. "We may have to put some time between the issue and government action. Relationships are above laws in China and business leaders often work connection to get approvals or to gain the ‘blind eye' when needed."

"The U.S. Grains Council is continuing efforts to educate Chinese feed ingredient buyers about the many advantages of DDGs from the U.S. The ethanol co-product is a competitively priced, environmentally friendly source of protein for livestock and present opportunity for both ingredient buyers and our domestic ethanol producers alike. DDG is being promoted for swine, poultry and dairy rations in China."
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SkunK

2 comments:

  1. What will occur if GreenShift and KK refinance to remove Yorkville? Is there a financial model that works in favor of GreenShift to make the stock grow? I am dumb!

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  2. RFA: Top Five Ethanol Stories of 2011

    http://www.biofuelsjournal.com/articles/RFA__Top_Five_Ethanol_Stories_of_2011-118149.html

    The No. 5 story pertains to corn oil extraction.

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