China has dropped its anti-dumping and countervailing duty investigations into U.S. sorghum. National Sorghum Producers Chairman Don Bloss says NSP is “gratified” by the announcement and quick result. China has determined that the investigations do not serve public interest. Bloss says that NSP demonstrated that “we were helping, not injuring,” Chinese consumers and farmers. The U.S. Grains Council also applauded …
Sorghum Prices Falls Three Times Lower After China Tariff Announcement
Grain-handling company Scoular tells Bloomberg that sorghum bids in the Gulf of Mexico have all but disappeared in the wake of a Chinese decision to impose a 179 percent tariff on U.S. imports. Bob Ludington oversees the Omaha, Nebraska-based company’s grain and oilseed division, and says there’s been very little trade. While some U.S. grain elevators are still bidding for …
Perdue Comments Regarding Chinese Duties on U.S. Sorghum
U.S. Secretary of Agriculture Sonny Perdue today issued the following statement regarding China’s announcement of duties of almost 179 percent on U.S. sorghum imports: “The international grain market is about the freest market there is, and it is ludicrous to even mention ‘dumping,’ because China can buy product from anywhere they choose. This is clearly a political decision by the …