October 3, 2011
China's imports of distillers dried grains (DDGS) from the US have begun to recover on a monthly basis, but are sharply below last year's highs, according to the General Administration of Customs.
China began a retaliatory antidumping probe late last year on US exports of the corn-based animal feed, ending a year when bilateral trade in the commodity had sharply risen.
China customs data showed imports of the animal feed in the January-August period this year totalled just 973,264 tonnes.
By comparison, China imported 3.1 million tonnes of DDGS from the US last year, up from 652,000 tonnes in 2009.
"While China's July imports were up almost 38% from June, they were still well below sales for the same period last year," the US Grains Council said in a note Friday (Sep 30).
Imports have been inching back up after reaching a low of 66,026 tonnes in May.
Despite the trade slowdown, China remains the second-largest buyer of US DDGS, trailing only Mexico, the council said.