The Dec. 15 hearing on Canadian charges the U.S. corn exports are hurting the country's growers ended with duties placed on those exports. Specifically, the issue relates to unprocessed U.S. grain corn exported Canada.

This is the second step in the countervailing duty and anti-dumping case, which began in September. The decision to implement duties comes from the Canadian Border Services Agency. The duties are effective immediately.

The agency has set a provisional anti-dumping duty at 58 cents (U.S.) per bushel. The provisional countervailing duty is set at $1.07, bringing the total assessment at $1.65 per bushel.

Three Canadian groups filed the original complaint U.S. corn imports, alleging that dumping and subsidizing of American corn harms Canadian corn production and lowers farm incomes.

The U.S. Corn Coalition expressed "extreme disappointment" in the Canadian Border Services Agency's ruling. The coalition is made up of the National Corn Growers Association, U.S. Grains Council, Corn Refiners Association and American Farm Bureau Federation. The group is committed to working to address this issue and demonstrate that Canadian corn producers have not been injured.

Canadian pork producers have stepped out against the case, concerned that it will push their feed costs too high to finish out pigs, making it more cost effective to send weaned pigs south.

Canada Border Services Agency will continue its investigation into the case, with a final decision due March 15. The Canadian International Trade Tribunal will start investigating any possible injury to Canadian growers and issue a decision by April 14.

Reuters, National Corn Growers Association