China Approves Ukrainian Exports of Sunflower Meal and Sugar Beet Pulp

Ukraine has been approved to export sunflower meals and sugar beet pulp to China, State Service of Ukraine for Food Safety and Consumer Protection said in a statement on Monday [20 November 2017]. According to the statement, China’s General Administration of Quality Supervision, Inspection and Quarantine has approved seven Ukrainian companies for sunflower meals deliveries

COFCO to Close Some Business Departments and Downsize Headquarters’ Staff in Wake of Chinatex Takeover

After taking control of competitor Chinatex Corp, the giant grain and oil processor and trader China National Cereals, Oils and Foodstuffs Corp (COFCO) announced on Monday [18 July 2016] it will close six departments at its headquarters and establish professional operating platforms to manage some of its businesses. The State-owned Assets Supervision and Administration Commission

COFCO Purchases Majority Stake in Dutch Grain Trading Company with Operations in South America

China National Cereals, Oils and Foodstuffs Corp, known as COFCO and the country’s largest food trader, has agreed to purchase 51 percent of Rotterdam-based grain trader Nidera BV for an undisclosed sum to further expand China’s grain supply channel in South America. Nidera, with an annual turnover of more than $17 billion, is a major

China Clarifies its List of Approved GM Commodities

China has so far granted the import of a list of genetically modified (GM) crops including soybean, corn, oilseed rape, cotton and sugar beet, the People’s Daily reported on Monday, adding that these plants have to gain a safety certificate issued by Chinese authorities. This was in a response to public doubt on whether the

China Grants Canada Access to Oilseed Crushing Plant Located Near the Country’s Domestic Rapeseed Production Zone

China has softened its three-year-old import restrictions on Canadian canola, federal Agriculture Minister Gerry Ritz said on Tuesday. China has approved one additional oilseed crushing plant, the 600,000-tonne CNOOC-Biolux plant in Nantong, Jiangsu province, to accept shipments of Canadian canola seed, a crop used to produce vegetable oil and animal feed China continues to restrict