Flash 9.0 required

Featured Blogs


Post Comments


captcha

Image Verification

Comments:

China Turns Away More U.S. Corn


Posted: 11/19/13

By: messany

3278

The world's most populous nation has refused a cargo of U.S. corn.

According to published reports widely coming to light Monday, China has rejected a cargo of U.S. corn due to its genetically modified composition, which is not approved for import, a source tells Reuters.

"It's confirmed. It's one cargo and MIR 162 was the problem," the source revealed to Reuters, which confirms that the GMO discovery comes at a time of surging U.S. corn imports by China.

Nonetheless, the skirmish over today's corn cargo rejection should be resolved rather quickly.

"It is a minor hiccup in what will otherwise be a smooth import process. They need our corn, they've got the orders already placed. We don't think this is the start of some long-term major disruption," explains Rich Nelson, chief strategist with Allendale, Inc.

Nonetheless, the news took a toll on the Chicago Board of Trade corn futures markets.

December corn futures fell 10 cents to a three-year low at $4.12 per bushel.

  • Post China Turns Away More U.S. Corn  to Twitter
  • Post China Turns Away More U.S. Corn  to Facebook
  • Print
  • Share with a Friend

2 Comments

Guest

Posted: 10/18/15

I wonder what they are like when there is a lot of snow on the setters. If I were to have a car I'd have a smart car. In Europe they have a lot more interesting models and sports car version as well.

Guest

Posted: 10/23/15

Hello there, just became alert to your blog<a href="http://xpovir.com"> troguhh</a> Google, and found that it is truly informative. Iæ¦ going to watch out for brussels. I will be grateful if you continue this in future. A lot of people will be benefited from your writing. Cheers!

Advertisers


Flash 9.0 required

 

Advertise your company today at IndianaGrain.com! Contact us now for more information.

Copyright © 2017 Indiana Grain LLC, All Rights Reserved.
Disclaimer