More than a dozen Chinese and the US enterprises on Friday [14 October 2016] signed agricultural transaction contracts worth $2.1 billion, under which Chinese enterprises will import 5.1 million tons of farm products from the US companies. Nearly 100 officials and enterprise representatives from China and the United States attended the signing ceremony held in
China will allocate more resources to GM crop R&D, according to a five-year plan for science and technology progress published Monday [8 August 2016] by the State Council. The plan lists science and technology targets for the 2016-2020 period, as well as the government action needed to achieve the proposed results…Full Article: Xinhua Aug 2016
China’s agricultural authority announced Tuesday [9 August 2016] that it has rejected the national legislature’s proposal to set aside special zones for the cultivation of non-GMO (genetically modified organism) soybeans, saying such a step would mislead the public about GMO products. The Ministry of Agriculture (MOA) said on its official website that it disagrees with
The State-owned Assets Supervision and Administration Commission on Friday [15 July 2016] announced the merger of China National Cereals, Oils and Foodstuffs Corp with Chinatex Corp, in the process of creating a bigger rival to compete with the so-called ABCD companies…Full Article: China.org.cn July 2016 Key Point COFCO, Chinatex, and China Grain Reserve Corporation (Sinograin)
China’s COFCO Agri will open a Canadian crop trading office in Winnipeg [Manitoba Province, central Canada] by the time farmers harvest their new crops, the state-owned agricultural trader said Tuesday [28 June 2016]…Full Article: Alberta Farmer Express June 2016 Key Point COFCO’s Winnipeg office will focus on canola (rapeseed), canola oil, canola meal, wheat, barley,
The Shanghai municipal agriculture commission will partner with the Punjab government and transfer technology to help farmers grow Chinese vegetables for boosting state’s diversification drive. The assurance was given by Shanghai agriculture commission vice chairman Feng Zhioyong during an interaction with Punjab deputy chief minister Sukhbir Singh Badal who is touring the country…Full Article: Hindustan
China’s soybean acreage will increase by 400,000 hectares this year as a result of a government-led initiative to increase the supply of domestic soybeans. Yu Xinrong, vice-minister of agriculture, told a news conference Thursday [5 May 2016] that a survey of farmers’ planting intentions indicated that the corn acreage in China will decrease by close
Hunan Dakang Pasture Farming, a company of the Shanghai Pengxin group, has paid US$286 million to acquire 57 percent of Brazilian trading company Fiagril Ltd, reported financial news agency Bloomberg. In a statement, Fiagril Participações, based in the state of Mato Grosso, reported its shareholders had reached an agreement with a Chinese company, whose shares
China’s Ministry of Agriculture says the country imported close to 82 million tons of soybean products in 2015, accounting for about 88 percent of its total demand. Many of the imported soybean products had been genetically modified. The ministry says China will plant more non-GMO soybean and improve yields to fill the gap between supply
China will further step up its oversight of the seed market to prevent illegal commercial cultivation of unauthorized genetically modified varieties, an agricultural official said on Wednesday [13 April 2016], after several cases of illegal cultivation were investigated by authorities last year. However, Liao Xiyuan, head of the Department of Science, Technology and Education under