China, one of the world’s largest corn importers, is likely to reject more U.S. shipments of the grain after they were found to contain a genetically modified variety not approved by Beijing, traders said. That has sparked fears that other cargoes could be turned away, with some traders and buyers warning that uncertainty over the
Rejections expected: China finds more unapproved GM corn from U.S.
Chinese state media kick into high gear to ease GMO food fears
China’s state media are working overtime to persuade the public that genetically modified food is safe, apparently softening up the population for a policy switch to allow the sale of such food to ensure its 1.35 billion people have enough to eat. In the past 30 years, China’s urban population has jumped to about 700
With big U.S. pork buy and diet shift, China now asks: ‘Where’s the Beef?’
With more money in their pockets, millions of Chinese are seeking a richer diet and switching to beef, driving imports to record levels and sending local meat firms abroad to scout for potential acquisition targets among beef farmers and processors. The need to feed the world’s most populous nation has seen Chinese firms gobble up
China set for record corn imports on crop damage
Reuters / China is likely to import a record volume of corn in the next marketing year, as the world’s second-largest consumer takes advantage of a fall in global prices and after the domestic crop suffered damage from mould and wet weather delayed plantings. Imports are expected to reach between six million and seven million
China delays GMO corn, rice to woo the public
China has delayed the introduction of genetically modified rice and corn as it tries to head off public fears, leading government scientists said March 7. The world’s largest rice producer and consumer gave safety approvals to Bt rice and phytase corn in 2009, but has not yet begun commercial production, even though it has already
China maintains key cereal reserves
The Chinese government will start stockpiling soy and corn from local farmers at higher prices than a year ago, an industry source said Nov. 13, a move set to stabilize domestic prices and support soy imports. China, the world’s top soy buyer, will pay 4,600 yuan ($740) per tonne to soy farmers in four major
China’s corn revolution promises great leap forward in yields
Reuters / China’s farmers are using higher-yielding seeds and embracing modern technology in a shift that makes it less likely China will be a long-term major corn importer. Record Chinese imports of 5.5 million tonnes in 2011-12 helped drive up benchmark Chicago corn prices to $8 a bushel earlier this year — more than double
China’s “Feed King” calls for opening corn trade
beijing / reuters / China should fully liberalize its corn trade, according to the founder of the country’s largest private agricultural business. China currently maintains a quota system over grains imports in an attempt to grow almost all of its grains domestically. But as meat consumption rises, feed companies are increasingly chafing against the restrictions.
China to partially lift ban on Canadian canola: trade
Chinese quarantine authorities will allow imports of Canadian canola by some selected crushers located in major growing areas, previously banned because of crop disease concerns, traders said Thursday. The import relaxation, likely to be cleared in the second half of the year, would further boost canola imports from the world’s largest exporter to China later
China ban on Indian meal could benefit Canadian canola
China will boost imports of rapeseed and rapeseed meal from Canada, after Beijing banned Indian meal after tests showed it contained a toxic chemical. If China buys more canola, from Canada, the world’s top exporter, it could firm ICE canola prices, which have been rising for the past two weeks in anticipation of larger imports.
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