In China, the government has approved two of six pending GMO approvals that will allow for imports into the country, including Syngenta’s Agrisure corn and Monsanto’s Roundup Ready corn. DuPont’s Pioneer insect-resistant corn wasn’t approved so far. The approvals should reduce trade challenges to importing DDGS produced from US corn that has hindered the viability of ethanol plants in the past, with China rejecting shipments that contain GMOs and in turn pushing down market prices.
Category: Fuels