Reading Time: 2 minutes Beijing | Reuters — China said on Monday it was set to approve the safety of another genetically modified (GMO) corn variety and a GMO soybean, both produced by Beijing Dabeinong Technology Group Co. Ltd. The move comes after China last year approved three domestically designed GMO crops as safe, the first in a decade, […] Read more
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China to approve further domestic GMO corn, soy crop varieties
China meat assoc calls for exporters to disinfect shipments to prevent COVID-19
Reading Time: 2 minutes Beijing | Reuters – Chinese meat importers and processors have called on exporters in countries with COVID-19 outbreaks to step up checks on shipments before they are sent to the world’s biggest market, the country’s top industry group said. “China has been importing a large quantity of meats this year, and has detected virus on […] Read more
China’s coronavirus testing chokes beef trade
Additional inspections, disinfections costly for importers
Reading Time: 3 minutes Beijing | Reuters — In a supermarket in downtown Beijing, refrigerator shelves normally filled with steak from around the world sit empty as tougher testing for the novel coronavirus creates supply bottlenecks and raises prices for importers. Fresh supplies of beef won’t arrive for days, a salesman at the Suning.com-owned Carrefour outlet told Reuters — […] Read more
Canadian canola prices spike as shippers find back door to China
'Profits are extravagant... It is like gold oil now'
Reading Time: 2 minutes Winnipeg/Beijing | Reuters — Canadian canola prices have soared to the highest in nearly two years, despite a diplomatic dispute between Ottawa and Beijing, as exporters find roundabout ways to reach top oilseed buyer China. Chinese authorities have since March 2019 blocked canola shipments by two Canadian exporters, an action they took after Canadian police […] Read more
China to encourage foreign investment in livestock breeding, plant-based meat substitutes
Reading Time: < 1 minute Beijing | Reuters – China’s state planner said on Friday that it will encourage foreign investment in livestock and poultry breeding, as well as plant-based meats substitutes, from this year. The move by the National Development and Reform Commission comes as China, the world’s top meat market, strives to boost supplies of meat and alternative […] Read more
Argentina nears China hog deal it hopes could turbocharge local pork production
Reading Time: 2 minutes Buenos Aires | Beijing | Reuters – Argentina is nearing an initial agreement with China that could pave for the way for potential investments by the Asian giant in local pork production for export, Argentina’s undersecretary of trade and investment promotion told Reuters. That could eventually lead to Chinese-backed hog farms in the South American […] Read more
China tells state firms to halt purchases of major U.S. farm products
Purchases of soybeans, pork, corn, cotton on hold
Reading Time: 2 minutes Beijing/Singapore | Reuters –– China has told state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special treatment for Hong Kong to punish Beijing. Large-volume state purchases of U.S. corn and cotton have also been put on hold, […] Read more
China to resume imports of Canadian canola, sources report
Reading Time: 2 minutes Beijing | Reuters — China has agreed to allow imports of Canadian canola to resume, two sources briefed on the matter told Reuters on Tuesday, lifting a ban in place since March 2019 that had halted US$2 billion worth of trade. The agreement was reached during a call held by China’s customs administration and Canada’s […] Read more
China encourages firms to raise pigs overseas
Officials aim to plug domestic pork shortage
Reading Time: 2 minutes Beijing | Reuters — China said Monday it is encouraging companies to build pig farms overseas to plug a severe domestic pork shortage after a worse-than-ever African swine fever slashed almost half of its pig herd. China has urged local authorities to support qualified domestic firms to “go out,” and build hog farming bases in […] Read more
Trade deal will not affect China’s other ag suppliers, Liu says
Reading Time: 2 minutes Beijing | Reuters — China’s other suppliers of agricultural commodities will not be impacted by the Sino-U.S. trade deal since buying will be based on market principles, Vice-Premier Liu He said, according to a report from state-owned CCTV on Thursday. Liu was speaking on Wednesday at a press briefing after signing the Phase One trade […] Read more
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