Home / Markets / Markets Analysis / Soybeans market / China approves GMO soybeans

China approves GMO soybeans

06/10/2013 @ 11:47am

The Chinese government has approved imports of three varieties of genetically modified soybeans that are of interest to Brazil, the Brazilian Agriculture Ministry said Monday on its website.

Brazilian Agriculture Minister Antonio Andrade, who is visiting China and requested the approval, received confirmation from Chinese Agriculture Minister Han Changfu, the ministry said.

The varieties, Intacta RR2 PRO, CV127 and Liberty Link, help suppress pests common in Brazil that prey on the plants, the Brazilian agriculture ministry said.

In April, Brazil exported 5.6 million tons of soybeans to China, with a value of $2.97 billion, the ministry said.

Write to Jeffrey T. Lewis at Jeffrey.lewis@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

June 10, 2013 11:27 ET (15:27 GMT)

DJ Brazil Says China Approves Genetically Modified Soy Imports->copyright

CancelPost Comment

CME Ups Soybean Price Limit to $1 By: 04/23/2014 @ 10:15am CME Group Inc. plans to change the way it sets one-day price limits in the trading of corn, soybean…

Ukraine's farmers miss benefits of… By: 04/23/2014 @ 10:07am Wheat prices in Ukraine in the local currency the hryvnia have hit a historic high due to…

USDA: Reporting Hog Deaths Required By: 04/18/2014 @ 10:45am The U.S. Department of Agriculture said Friday it will require the pork industry to report…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Farm Bill 2014 Timeline