World Grain - June 2018 - 13
China was the top destination for U.S. sorghum exports in 2016-17.
Photo courtesy of National Sorghum Producers.
China drops sanctions against U.S. sorghum
WASHINGTON, D.C., U.S. - Following the May 18 announcement by China's Ministry of Commerce that it was dropping its
sanctions on U.S. sorghum, associations representing growers
are hopeful it is a sign trade tensions between the nations are
China said it terminated the anti-dumping and countervailing
duty investigations because it did not serve the public interest. It
is also returning in full the anti-dumping deposit collected on U.S.
sorghum imports. China imposed a 178.6% duty on U.S. imports
on April 18, sending exporters scrambling for new markets.
trade tensions as our leaders continue to dialogue," said Don
Bloss, chairman of the National Sorghum Producers (NSP).
"Agricultural production and international trade is one of the
United States' greatest success stories."
China was the top destination for U.S. sorghum exports in
2016-17 at 4.8 million tonnes. The nation accounts for about 70%
of U.S. sorghum exports.
Bloss said the NSP looks forward to deepening its trade ties
with its Chinese partners and customers.
The organization cooperated with China's investigations, which
started in February, submitting thousands of pages of responses
showing U.S. sorghum was being fairly traded with China.
"We demonstrated that we were helping, not injuring, Chinese
consumers and farmers, and it was in no one's real interest to restrict this important trade," Bloss said.
JULY 17 - 18, 2018
SAINT PAUL HOTEL IN SAINT PAUL, MINNESOTA
Are you looking to build leadership
and communication skills? Attend
the GEAPS Leadership and Education
Networking Workshop this summer!
PPB Group to build flour mill in Vietnam
KUALA LUMPUR, MALAYSIA - PPB Group has announced
The Malaysian Reserve.
Lim Soon Huat, managing director at PPB, said the company will
spend 90 million ringgits ($22.7 million) on the new facility, which
The company posted total revenue of 4.3 billion ringgits in 2017,
PPB Group is an investment holding and property investment
company listed on the Main Market of Bursa Malaysia Securities
Berhad, the Malaysian stock exchange. Incorporated in Malaysia in
1968, the PPB Group has total assets and market capitalization of
22.9 billion ringgits and 20.6 billion ringgits, respectively, as of Dec.
31, 2017. It has nine business units, including Flour and Feed Milling
www.World-Grain.com / World Grain / June 2018
* Creating a mindset for change
* Hiring, inspiring and motivating
* Skillfully leading change to
inspire a strong team
* Succession planning
FREE FOR GEAPS MEMBERS,
$249 for non-members
Learn more and register at www.geaps.com!