By Commodity News Service Canada
WINNIPEG, Jan. 16 (CNS Canada) – China has implemented anti-dumping import duties on US distillers dried grains (DDGs), which may limit demand for the ethanol-by-product from the country.
Chinese corn imports are also expected to go down by as much as two million tonnes over the next year, according to reports.
Corn futures at the Chicago Board of Trade were untraded on Monday, with US markets closed for Martin Luther King Jr. Day.
Feed barley bids in the key cattle feeding area of Lethbridge, Alberta were in the C$165 to C$170 per tonne range as of January 13, which were relatively steady compared to the previous week, according to the latest pricing information from the provincial government. Top end feed wheat prices were also steady, at C$182 to C$187 per tonne in Lethbridge.