According to Adel Yusupov, USGC regional director in Southeast Asia, DDGS exports to Thailand grew rapidly from 2004-09 but remained at 2009 levels throughout 2010 due to a combination of mycotoxin related issues and Thailand’s high import tariff.
“Although Thailand’s current policies can be considered favorable to local corn growers, officials attending the recent meeting decided that a 5% tariff rate would not affect Thai producers as it was still far above the 2% tariff currently imposed on soybean meal imports,” Yusupov said.
Yusupov called the meeting productive and as a result of the discussions that took place, the Thai Feed Millers Association agreed to approach the government and propose the 5% tariff rate for U.S. DDGS and corn gluten meal imports.