China Commits to Lift Ban on US Dried Distillers GrainsFri, 19 Dec 2014 10:13:28 CST
Following the news that China's Vice Premier Wang Yang committed to USDA Secretary Vilsack that the ban on U.S. DDGs containing the MIR 162 trait will be dropped, Tom Buis, CEO of Growth Energy, released the following statement:
"While we are still awaiting the official regulatory announcement from China regarding the approval of this policy, it is welcome news for America's ethanol industry. I would like to personally thank Secretary Vilsack for his leadership and steadfast commitment to ensuring a resolution to this issue. Additionally, the many hardworking professionals of the USDA and the USTR deserve praise for their dedicated work behind the scenes and for their persistence in working with their Chinese colleagues to re-establish market access for U.S. DDGs. Furthermore, I commend both the USDA and USTR for continuing to work with China to improve its GMO approval process in a way that is consistent with sound science.
"China has been the largest market for U.S. DDGs and with the restriction removed, we look forward to once again providing our highly nutritious animal feed to Chinese livestock producers, while also offering American producers the opportunity of an expanded market for the co-products of ethanol production.
"As I have always said, there is more than enough corn for food and fuel, and America's ethanol producers continue to look forward to fueling America and feeding the world."
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