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USGC hopeful corn can return to prominence in China

U.S. Grains Council CEO Tom Sleight says China’s revocation of duties on U.S. sorghum could signal progress for corn exports.

“U.S. corn is very competitive into China, and for various political reasons, biotechnology a big part of that, China turned away from the U.S. as a supplier of corn.”

He tells Brownfield fundamental changes to Chinese biotech policies are needed.

“They are still very obscure (and) opaque and I think U.S. negotiators are very aware of that.”

Sleight says similar barriers on U.S. DDGs should also be lifted.

“It’s a very successful product in China.  The Chinese people like the product and want to use it, but right now they have about 68 percent duties overshadowing that marketplace.  And that makes it very difficult to work that product in there.”

Speaking to Brownfield from an ethanol summit in Minneapolis focused on Asian markets, Sleight says China’s 15 percent tariff on U.S. ethanol must be addressed as well.

 

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