Dermot Hayes, professor, was interviewed on WNAX Nov. 30, for a story on China's new E10 mandate.
Hayes said China recently reduced their corn stocks and announced the E10 directive. As a result China will either need to import corn to produce that ethanol or just import the biofuel.
He said because China has now approved more biotech corn traits for import, which puts the U.S. in a better position to ship corn and ethanol to China. It’s positive China is mandating 10-percent ethanol because they have significant air quality concerns.
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