China imports of U.S. DDGS surge; drought hits crop

bonderic

PUBLICATION DATE:  09/07/2009SOURCE:  Reuters
China's imports of U.S. DDGS, a by-product of corn ethanol, have surged and the pace is expected to remain strong this year as long as U.S. corn prices remain significantly below that of Chinese corn, industry officials said. China's own corn production has suffered from the most severe drought in half a century, while the United States is expecting its largest ever corn harvest this year, they said.
Some Chinese importers were already shipping distillers' dried grains with solubles (DDGS), also a feed ingredient, in large volume or bulk cargoes, in addition to small quantities in containers, Cary B. Sifferath, China Country Director of U.S. Grains Council, told Reuters.
He expects U.S. exports to China in 2009 could potentially reach 400,000 metric tons. Exports so far have reached about 150,000 metric tons, more than 18 times the 8,000 metric tons exported in all of 2008.
"U.S. corn prices and DDGS since June have come down.... With corn prices here in China increasing, it made U.S. DDGS prices very attractive, especially in the southern Chinese market," said Sifferath on the sidelines of a feed ingredient conference over the weekend.
"Some bulk shipments have already happened, and we will see more bulk shipments loaded in September."
Drought in China's major northeast could hurt the country's corn harvest and likely reduce output by 20 million metric tons to 145 million metric tons, according to the forecast by China Shanghai JC Intelligence Co., Ltd, a private consulting firm.
"The quality is pretty good and stable with a higher protein and fat content. It gives a price advantage by replacing some usage of soymeal and corn," said one official with a major feed mill in Shandong, which has recently bought U.S. DDGS.
U.S. DDGS was about 27 percent cheaper than domestic products, which was also lower in protein content.
China's corn prices were supported by Beijing's stockpiling, and recent worries over the drought damage in the northeast have pushed up physical corn prices by 5 percent over the past month.
U.S. corn fell more than 3 percent to an eight-month low in anticipation of a better U.S. corn harvest

[ts]bonderic 于 2009-9-9 20:17 補充以下內(nèi)容[/ts]

看了這篇報道讓我更了解為什么今年會有大批美國的DDGS進入我國市場。千萬不要搞到像當(dāng)年美國大豆進入我國市場的時候，一步步地蠶食我國的大豆市場。

紀明科

有些東西個人改變不了呀！?。。。。。。?

矮子

有便宜和貨真價實的進口DDGS不買，去買假冒偽劣的國產(chǎn)DDGS，是不是有點不正常？？？

國內(nèi)產(chǎn)家也應(yīng)該思考誠信和公平競爭的含義，免得讓農(nóng)民用嘴去嘗農(nóng)藥的藥量足不足?。?！