China’s State Council Eyes a Future with More GM Crop Cultivation

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 Ministry of Agriculture Torpedoes Proposal to Establish Non-GM Soybean Reserves

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

Textile and Grains Company, Chinatex, to be Absorbed by COFCO

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: July 2016 Key Point COFCO, Chinatex, and China Grain Reserve Corporation (Sinograin)

China’s COFCO to Set Up Crop Trading Office in Winnipeg, Central Canada

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,

Shanghai and Punjab State, India, to Work Together on Agri-Food Projects

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

Chinese Soybean Production to Increase by an Estimated 400,000 Hectares, While Corn Will Decline by 1.3 Million Ha in 2016

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

Snubbed By Australia, Shanghai Pengxin Purchases a 57% Stake in Brazilian Soybean and Grains Trader

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 Outlines Three Step Process to Approve GM Seed Cultivation

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