Bulk loading of corn. Photo by GrainCorp
Dec. 18 (Bloomberg) — China has rejected more than half a million metric tons of genetically modified U.S. corn in November and December, almost three times the amount it previously announced, said three people with knowledge of the issue.
At least nine Panamax-sized vessels, each carrying about 60,000 tons of insect-resistant MIR 162 grain, have been refused, said the people, who asked not to be identified because the information is confidential. State-owned COFCO Corp. bought the first seven of the nine cargoes, one official said.
The General Administration of Quality Supervision, Inspection and Quarantine in Beijing didn’t return a faxed request for an interview. Two calls to the mobile phone of COFCO’s spokesman, Yin Jianhao, weren’t answered.
China’s Ministry of Agriculture on Dec. 6 said it rejected the grain because its safety is under review. The quarantine agency, which reported about 180,000 tons as of Dec. 4, yesterday said more had been found, without giving a figure.
Copyright 2013 Bloomberg.
Join the 89,009 members that receive our newsletter.
Have a news tip? Let us know.
by John Konrad (gCaptain) Vincent Clerc, the newly appointed CEO of AP Møller-Maersk, spoke about China’s economic rebound during his visit to the country this week. He pointed out that...
By Yvonne Yue Li (Bloomberg) Seven months after President Joe Biden signed the Inflation Reduction Act into law, the magnitude of the challenge it will be for the US to loosen China’s...
The Biden administration’s inconsistent approach to the Strategic Petroleum Reserve (SPR) has raised concerns and intensified skepticism among oil producers and tanker owners. Initially, the White House proposed refilling the...
