This year corn imports over 1.5 million tons

Since the beginning of this year, China has significantly increased its imports. According to statistics, China imported about 1.5 million tons of corn from the United States this year, and the import volume was the highest in more than a decade. However, at the time of this incident, the first shipment of U.S. corn to China due to the detection of genetically modified components that did not meet the requirements was immediately triggered by the international food traders.

The reporter confirmed from the Propaganda Department of the Shenzhen Inspection and Quarantine Bureau that a few days ago, the Shenzhen Inspection and Quarantine Bureau had detected MON89034 genetically modified components that had not been approved by the Chinese agricultural sector during the inspection and quarantine of a shipment of imported US corn. This was the first time that the country’s ports had been imported from the United States. Detected in corn.

It is reported that the batch of corn receipt units is China National Cereals, Oils and Grains Co., Ltd. The weight of cargo is 54,000 tons. Shenzhen Inspection and Quarantine Bureau, in accordance with the "Regulations on the Administration of the Safety of Agricultural Genetically Modified Organisms" of the State Council, returns the shipment of corn to the ship.

At present, COFCO is negotiating with the foreign parties on the shipment. According to the contract, the relevant losses arising from such accidents will be borne by foreign suppliers.

"There is no universality in this incident. The return is because the product contains genetically modified ingredients that are not allowed in our country." The relevant person in charge of the Shenzhen Inspection and Quarantine Bureau told reporters yesterday. This statement was also approved by the US sellers. According to US media, COFCO imported through a Japanese firm. After obtaining technical approval, the corn is still expected to be exported to China.

According to the report of the European Food Safety Agency's Genetically Modified Organism Group, "MON89034" has the effect of insect resistance and herbicide tolerance and "is unlikely to cause any adverse effects on human and animal health or the environment during application".

US bullish on China's demand for corn China's annual corn production and sales volume at the level of 150 million tons, can be described as "maize giant." What is special about this year is that in addition to increasing the imports of soybeans (0,-4296.00, -100.00%), the country has begun to expose a large number of imported products.

In October, the international corn spot and futures prices rose by 8.21% and 10.31% respectively compared with the previous month. Hu Feng, chief analyst of South China Food Trading Center, estimated that this year, China imported more than 1.5 million tons of corn, and feared that it might embark on the path to soybeans.

“In China, 70% of corn is used as feed. With the increase in consumption, China’s meat, poultry, and eggs are growing rapidly, while rural consumption is only about 1/6 of the city. The development of meat and poultry eggs requires large amounts of feed. The demand for direct pull up of corn has increased.This year, Russia’s ban on wheat exports (2563,17.00,0.67%) has driven up the price of relevant crops. In addition, the previous US Department of Agriculture’s continuous reduction of corn inventories and production also caused fluctuations in corn prices. "Hu Feng said.

The “2010 China Food Price Inflation Report” issued by the U.S. Department of Agriculture on November 2 said that due to China’s high demand for corn for feed, biofuel products and industrial applications, China’s corn shipment volume hit a record high in June. A 15-year high.

However, COFCO chairman Ning Gaoning recently stated at the Hong Kong performance meeting that although soybean imports are expected to continue to grow in the next few years, China will only import a small amount of corn in 2011 due to a record domestic corn harvest. He believes that the huge harvest or the weakening of corn prices, excess liquidity to a certain extent promoted the price of corn hit a record high this month.

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