Tougher approval process for soybean imports could hit Chinese demand - sources
Story Date: 11/10/2017

 

Source: REUTERS, 11/9/17

China is taking longer to issue safety certificates for cargoes of genetically modified (GMO) soybeans, in a move that could dent demand for purchases in coming months, four trade sources said. China, which buys 60 percent of global soybean exports, mainly buys GMO soy from Brazil and the United States, largely to feed the world’s biggest herd of pigs. 

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