Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   
   

Agricultural News


Sorghum Executive Tim Lust "Deeply Disappoined" Over Chinese Duties to be Accessed Against US Grain Sorghum

Wed, 18 Apr 2018 05:52:16 CDT

Sorghum Executive Tim Lust The threat of a trade war with China became real Tuesday morning, as the Ministry of Commerce announced massive duties on sorghum imports from the United States. Beijing says effective Wednesday, all exporters are required to place a 178.6 percent deposit on the value of sorghum shipments to the country in response to a preliminary antidumping ruling. Reuters reports the move comes out of an anti-dumping investigation launched in February and seen as retaliation for aggressive trade actions by President Donald Trump – including steep tariffs on solar panels and washing machines.

Tim Lust, President and CEO of the National Sorghum Producers (NSP) says they “are deeply disappointed” with the ruling. The industry fully cooperated with China on the investigation and through thousands of pages of testimony presented facts that sorghum is not being dumped in China. Lust added that sorghum exports have not caused injury to that market. According to the U.S. Grains Council (USGC), China was the largest market for U.S. sorghum last year (189 million bushels). The amount represents a gradual decline in purchases over the past five years but still much more than Mexico, the second largest customer (22.4 million bushels).

Though the export market is important to sorghum, Lust is quick to point out that domestic demand remains strong in both the livestock and ethanol markets. Farmers are expected to plant 5.9 million acres of sorghum this year, according to USDA, which is a five percent increase over last year but almost three million acres less than five years ago.

Broadcast colleague Tony St. James talked with Tim Lust on Tuesday- click on the LISTEN BAR below to hear their conversation.



   
   

Tony St. James talks about the Chinese Announcement of Duties Against US Soghum with Tim Lust
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Wednesday Preopening Market Update with Dave Lanning  Wed, 22 May 2019 07:14:04 CDT
  • ICYMI: Slaughter Cows Mostly Steady to 2.00 Higher, Slaughter Bulls 2.00 to 3.00 Lower Monday at OKC West Livestock   Tue, 21 May 2019 16:08:46 CDT
  • OSU's Glenn Selk Talks About the Importance of Docile Females in Your Program  Tue, 21 May 2019 15:30:54 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Tuesday, May 21, 2019  Tue, 21 May 2019 15:17:28 CDT
  • Tuesday Market Wrap-Up with Justin Lewis  Tue, 21 May 2019 14:30:19 CDT
  • Tuesday Afternoon Market Wrap-Up with Carson Horn  Tue, 21 May 2019 14:25:11 CDT
  • Senate Approves State Budget 37-11 with $3.1 Million Earmarked for Rural Infrastructure, Resources  Tue, 21 May 2019 14:18:57 CDT
  • Syngenta Enhances Company's Grow More Experience and Agronomy in Action Engagement in 2019  Tue, 21 May 2019 12:48:14 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Herbs Herb Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.