GFM Network News


Chinese citizens protest ChemChina-Syngenta deal

Beijing | Reuters — Around 400 Chinese citizens have signed a letter to protest the purchase of Swiss-based seeds and pesticides company Syngenta by state-owned ChemChina, saying the deal would eventually lead to genetically modified crops being sown across swathes of the country. Critics of genetically modified organisms argue the technology poses risks to public […] Read more




Blackleg, big stocks seen behind China-Canada canola conflict

Reuters — A “scientific disagreement” between Canada and China over the risk of transmitting the blackleg fungus is behind China’s move to raise its standard for Canadian canola imports, an industry official involved in discussions said. But some traders say the real reason for a higher standard that may slow Chinese imports is the country’s […] Read more



China to let land lie fallow as grain stocks surge

Beijing/Reuters – China’s ruling Communist Party has for the first time proposed to let land lie fallow in some areas to ease pressure on exhausted water and land resources while grain stocks are near record levels, state media reported on Wednesday. After years of excessive cultivation and bumper grain harvests, China is facing severe shortages […] Read more



Analysts expect China to issue grain import quotas after state sales end

Beijing | Reuters — China’s grain imports could plummet this year, with the government determined to sell off as much of its bulging state grain reserves as possible before it finally grants mills permission to buy overseas, analysts said. In previous years, private mills were normally allocated grain import quotas in January, allowing them to […] Read more


China expected to boost imports of protein-rich wheat

Beijing/Singapore | Reuters — Chinese wheat buyers are likely to step up imports of higher quality grains to meet a domestic shortfall even though total overseas purchases are forecast to tumble this year due to bumper production at home, analysts and traders said. China, the world’s biggest wheat producer and consumer, has seen output climb […] Read more