Chinese importers have canceled $40 million in U.S. corn shipments in the last month according to astoryby Farms.com's Diego Flammini. The traders are turning to the Ukraine, where farmers are not permitted to grow Genetically Modified Corn. The reason is that getting a GMO processing permit is very difficult in China, while there is no required permit to process Non-GMO crops.
Chinese Traders Reject US Corn
Due to growing GMO regulations
November 30, 2020