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Exclusive: China approves first genetically modified Argentine cargo

Posted by Reuters: Hugh Bronstein, Sam Nelson on August 7th, 2013
Reuters: China has approved its first major shipment of genetically modified Argentine corn, Buenos Aires officials said on Tuesday, signaling an increase in competition for a market long dominated by U.S. exporters. Argentine Agriculture Minister Norberto Yauhar said Chinese health authorities cleared 60,000-tonnes of genetically modified (GMO) Argentine corn. The cargo was already headed inland to be used as hog and chicken feed. Benchmark Chicago corn futures fell briefly after Reuters reported on...
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