Chinese corn buyers switching from US to Ukraine due to GMO restrictions, trade tensions
Story Date: 5/22/2018

 

Source: GENETIC LITERACY PROJECT, 5/21/18


China’s purchases of U.S. corn have slowed significantly due to worries the grain might be drawn into the trade spat between the world’s two largest economies, and as Chinese customs keeps the brakes on clearances for cargoes, four traders told Reuters.
Chinese buyers have canceled multiple cargoes of corn so far this year, the latest product roiled by the China-U.S. trade tensions, traders and industry sources said.

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