China’s Vow to Review U.S. GMO Crops May Speed Seed Sales

China’s promise to evaluate eight varieties of U.S. genetically modified crops by the end of this month under a trade deal marks a step forward in a years-long process that has held up seed sales in the United States, the world’s top grains exporter, reports Tom Polansek and Karl Plume on Reuters.com.

Every new variety of GMO crop has to win approval in export markets before it can be sold there.

China’s review covers crops grown from seeds developed by major agrichemical companies, including Monsanto Co., Dow Chemical and DuPont, the U.S. Commerce Department and the companies said on Friday. They have been stuck in the Chinese approval process for up to six years.

Dow AgroSciences said Chinese approval would be key to the roll out of its new Enlist corn and soybeans seeds in the United States, where over 90 percent of corn is genetically modified.

China was the top export market for U.S. agriculture products, valued at over $21 billion, in 2016 and is the world’s biggest buyer of soybeans. It has roiled markets and sent prices sliding in the past when it has taken a tough line on imports of certain GMO products.

In November 2013, China began rejecting U.S. corn shipments because Chinese inspectors said they contained a GMO corn variety made by Syngenta AG called Agrisure Viptera. The variety was approved by the United States but not China.

A U.S. trial over the matter is set to start this summer, with farmers suing Syngenta after corn prices allegedly fell because of the rejections, which cost the agriculture industry up to $2.9 billion in lost sales and lower prices.

Agrichemical companies have since taken a careful approach to launching products. For Enlist, Dow AgroSciences has restricted sales to U.S. customers during China’s review.

Read the full story on Reuters.com.

Topics: ,

Asia

Agrichemicals

How AgroStar Is Leading the Way to Simplify India’s Distribution

The start-up and innovative disruptor talks to AgriBusiness Global about how its farmer-facing app is changing distribution in India.

India-crop-protection-application
Asia

Agrichemical Companies in South India Better Positioned for Growth

The profitability of agrichemicals companies that have operations in south India is likely to stay better than those of industry

Asia

Ag Software Firm Agrian Expands to Australia

In line with a familiar growth trajectory, Agrian Inc. is moving into Australia with a physical support and sales presence to meet new market opportunities.

Agrichemicals

Thailand Proposes to Ban Paraquat, Chlorpyrifos by 2019

CropLife Asia issues statement.

Asia

Israel, China Sign $300 million AgTech Trade Agreement

Israel and China have signed a $300 million trade agreement meant to boost the export of Israeli environmental-friendly energy and

Asia

Is China Ready to Reshape Global Agriculture?

During the spike in global grain prices a decade ago, Chinese officials urged agribusinesses to secure farmland overseas to fill

BRICS-leaders
Asia

Expert: Cooperation in Agriculture Will Boost Trade Among BRICS Nations

Sharing best practices in agriculture among the five BRICS countries can address the issue of food security, a leading Indian

Asia

CropLife Asia Committed to Empowering Thailand Farmers

Following today’s press conference conducted by the Thailand Department of Agriculture indicating next steps with regards to its review of

Asia

China Develops Smart Pesticide

Chinese scientists have developed a smart pesticide that, once in the soil, is controllable and recyclable, according to an article

Americas

Technology Is Changing Ag Suppliers and Companies

John Deere’s recent acquisition of Blue River Technology (BRT) isn’t just meaningful for farmers. It suggests that the very systems that agriculture uses to deliver crop protection products are undergoing another convulsive change

Asia

China Sets Targets for Supply-side Structural Reform in Agriculture

China’s State Council Friday released a guideline on accelerating supply-side structural reform in agriculture, specifying major tasks and targets for

Asia

UK Ag Tech Well-Represented at Agritex India 2017

The British government has sent its largest ever delegation to India’s top agricultural conference, highlighting the major role it believes

potashagrium
Asia

India, China Regulators Ask Potash to Sell Stake for Merger with Agrium

Fertilizer companies Agrium Inc. and Potash Corp of Saskatchewan Inc. said on Thursday they were told by regulators in India

Asia

Can Unmanned Aerial Vehicles Accelerate Farm Mechanization in Asia Pacific?

Aerial agricultural tools in China affects less than 2% of farm area, highlighting the huge potential for the technology.

Asia

China: Specialized Farmers’ Cooperatives to Promote Modern Agriculture

China has 1.93 million specialized farmers’ cooperatives with over 100 million rural households participating, according to the State Administration for

Asia

Mexico’s Agriculture Sector Keenly Eyeing China

China is key to Mexico’s plan to diversify its agricultural export markets beyond North America, the president of the National

Asia

Parijat Launches Agrochemical Products to Reap Benefits of Good Monsoon

Leading Indian agrochemical company, Parijat Industries, announced the launch of two new formulations this kharif season, according to an article

Asia

India, China Jointly Oppose Trade-distorting Agriculture Subsidies

India and China, in a joint proposal to the World Trade Organization (WTO), have called for elimination of trade-distorting agricultural

Asia

Australia Delegation Explores Agri-partnership with India

A 25-member business delegation from Australia recently visited India to explore a long-term partnership in the agriculture and food sector,

Latest News

Agrichemicals

FMC Corp. Receives Clearances to Acquire DuPont Crop Protection Assets

FMC Corp. has received approval from the Competition Commission of India (CCI) for the proposed acquisition of a significant portion

Agrichemicals

Arkansas Plant Board Backs 2018 Regulatory Changes for Dicamba

The Board’s regulatory changes concerning the use of dicamba will now be subject to a 30-day public comment period which will be followed by a public hearing that will be held on Nov. 8.

Agrichemicals

Univar Acquires Tagma Brasil

Tagma formulates more than 200 registered crop protection products and provides conception and preparation of new formulations; adaption of existing formulations; and technical assistance with processing and regulatory requirements.

Agrichemicals

Cropchem Obtains Registration for Three Formulations in Brazil

Cropchem, a Brazilian company specialized in the distribution of pesticides in the Brazilian market, has obtained the final registration for

Agrichemicals

How AgroStar Is Leading the Way to Simplify India’s Distribution

The start-up and innovative disruptor talks to AgriBusiness Global about how its farmer-facing app is changing distribution in India.