Chinese Market Slow To Accept Syngenta Corn, USDA Says
Law360, New York (February 11, 2016, 7:29 PM EST) -- Even after a lengthy process of bilateral consultations convinced China to allow imports of Syngenta’s controversial genetically modified corn, buyers in Beijing still appear reluctant to fully embrace the product, according to a U.S. Department of Agriculture report released Wednesday.
The USDA’s Foreign Agricultural Service revealed the corn trade between U.S. and China is still on shaky ground following the detection of a previously disallowed strain of Syngenta corn known MIR162 in China, despite a high-level effort from both governments that resolved the deadlock late in 2014.
“Importers stopped buying U.S. corn after multiple shipments were rejected at the port due...
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