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19.12.2012 |

China quarantines Argentine corn because of unapproved genetically modified strains

Chinese authorities quarantined two containers holding corn from Argentina, after detecting genetically modified strains that had not been approved beforehand, alleged the Chinese buyer. China imported 4.56 million tons of corn in first 10 months of 2012, with 99% coming from the US, the largest corn exporter in the world. An unidentified Chinese government official said they had bought the small volume as a test, and as of yet imports coming from Argentina have not been successful. Chinese corn imports are expected fall by more than half next year due to high US prices, and a rise in overall consumption will put domestic supplies under more pressure despite another record harvest, according to an official forecast on Wednesday.

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