Letter to Secretary Vilsack

Dear Mr. Secretary,

As you are aware, China this week unofficially announced that it would require official U.S. government certification that export cargoes of DDGS bound for China do not contain even trace levels of MIR 162, a biotech event not yet approved in China. This action is arbitrary, capricious, a major impediment to trade, and a direct threat to the viability not only of DDGS exports but to the U.S. ethanol industry as a whole. I am writing, therefore, to urge your immediate, direct, and personal intervention with your counterpart in China, Agriculture Minister Han, to halt this current regulatory sabotage of the DDGS trade with China.

Following New Requirements, USGC Calls for China to Approve MIR 162

DDGS

The U.S. Grains Council is calling for China to approve MIR 162 following this week's announcement of new biotech certification requirements for distiller's dried grains with solubles (DDGS) by the Chinese import inspection authority, AQSIQ.

The new requirements effectively call for a certificate from the point of origin - in the case of U.S. shipments, from the U.S. Department of Agriculture (USDA) - guaranteeing that the shipment is free of the biotech trait.

See You in Omaha for Record-Breaking USGC Summer Meeting

Omaha

The U.S. Grains Council’s 54th Annual Board of Delegates meeting in Omaha, Nebraska, starts Monday, July 28. More than 250 members, grain industry representatives and others have registered for the sessions, surpassing the mark set last February in Long Beach, California.

The Council has planned an exciting meeting, featuring many renowned speakers who will build on this year’s theme, Partnerships and Possibilities. Key speakers are set to include

Export Exchange 2014 Early Bird Registration Ends Next Week

Export Exchange

Register now and save! Early bird registration ends Thursday, July 31, for Export Exchange 2014™, the premier international trade conference focused on the export of U.S. coarse grains and ethanol co-products.

This uniquely-focused conference is expected to bring together 180 international buyers and end-users of coarse grains and co-products, including distiller’s dried grains with solubles (DDGS). Approximately 300 U.S. suppliers and agribusiness representatives are also anticipated.

Chart of the Week

Import Margins Balloon in China

Corn in China

This week’s U.S. Grains Council Chart of the Week illustrates that despite declining corn prices in the United States, corn prices in China continue to rise. Following years of increasing corn production, China has an abundant supply of corn available. However, transportation costs from production areas to areas that use corn make corn in China more expensive than corn imported from the United States. According to the chart, corn in China is selling corn at almost $155 more per ton than corn imported from the United States would cost.

Word from the Ground

Top US Customer a Top Priority for the Council

Japan group visit

By: Erick Erickson, U.S. Grains Council Vice President

The U.S. Grains Council met with long-standing Japanese customers of U.S. commodity corn, non-genetically modified corn and sorghum this week in Washington, D.C. The groups, the Japanese Feed Manufacturer’s Association, Zen-Noh and the Japanese Corn Starch, all affirmed their appreciation for their long-standing trade relationship with the United States and the opportunity to meet regularly to discuss concerns and issues. They then presented their list of concerns.