December futures prices for corn have declined to $7.40 a bushel from a high of $8.38 on Aug. 21. Distillers grains cash prices, which track corn prices, are down too, from an average of $299 per ton during the week of Aug. 10, to $286 on Sept. 14.
After a three and a half year effort, the U.S. Grains Council, in cooperation with USDA's Foreign Agricultural Service in Algeria, has successfully influenced the removal of the value added tax (VAT) and custom tax on all feed imports in Algeria.
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