Tim Lust of the National Sorghum Producers to Farmers- Brace Yourself for a Long Drawn Out Process Regarding Chinese Charges of DumpingThu, 08 Feb 2018 06:14:57 CST
China has bought almost all of the US Grain Sorghum that has been exported in recent years- an estimated billion dollars worth of trade. And it appears that the Chinese have decided they will target US Grain Sorghum in a tit for tat trade response to the Trump Administration's move in January to slap tarriffs on Chinese made washing machines.
National Sorghum Producers CEO Tim Lust is in Washington this week- and was expecting to spend most of his time talking to members of Congress about the writing of the 2018 Farm Bill- instead he has been meeting with USDA and USTR officials in an attempt to work through what this means for the sorghum exports to China, sorghum prices and the impact on sorghum producers.
Radio Oklahoma Ag Network Ron Hays caught up with Lust on Wednesday afternoon- and you can hear their conversation by clicking on the LISTEN BAR below.
The key hope expressed by Lust is based on the face that the Chinese market is still open to US Grain Sorghum. He tells Hays that this is a long process- dictated by specific WTO rules and procedures- and he is hopeful once the marketplace figures out nothing is changed at least for right now- prices will recover out in the country.
Lust earlier issued a statement on the decision made by China to target US Grain Sorghum- click here to read it.
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