In an effort to clean up the image of genetically modified crops, major seed and crop science companies launched GMOAnswers.com to answer questions about so-called GMOs.» Read More
Federal Reserve official on Monday suggested that farmers consider a path toward internationally accepted standards for genetically modified crops, following rejections of U.S. corn shipments by China.
BEIJING, Dec 6- China is still evaluating whether to approve the strain of genetically-modified corn that caused it to reject some U.S. shipments in the last few weeks, a government spokesman said.
The spokesman, Bi Meijia, said at a press briefing on Friday that the strain, Syngenta's insect-resistant MIR162, was still being evaluated after U.S.-based Syngenta provided additional information about the product in November. Bi said that although Syngenta had applied for approval as early as 2010, the testing data for MIR162 was not yet complete.
*China says rejects nearly 121,000 T of U.S. corn. BEIJING, Dec 4- China has rejected five batches of U.S. corn tainted with a genetically-modified strain not yet approved by its agriculture ministry, a move that could discourage imports amid a growing domestic supply surplus.
*Possible rejection sparks worry among China buyers. BEIJING, Dec 3- Quarantine authorities in China, one of the world's largest corn importers, have found an unapproved genetically modified variety of the grain in more U.S. shipments, which are likely to be rejected, traders said.
BEIJING/ CHICAGO, Nov 19- China, one of the world's largest corn importers, has rejected a cargo of the grain from the United States as it contained a genetically modified variety that has not been approved by Beijing, traders said.
*China cancels a cargo of U.S. corn over GMO issue. CHICAGO, Nov 18- Chicago Board of Trade corn futures fell to a fresh three-year low on Monday on pressure from a proposal to lower the use of corn-based ethanol in the United States and on news China rejected a cargo of U.S. corn which contained a genetically modified variety not approved for import.
*New chairman reviewing Novartis' five business divisions. Novartis board member Pierre Landolt cited agrochemicals company Syngenta- formed in 2000 through the merger of Novartis' Agribusiness and Zeneca Agrochemicals- as a guide for how the drugmaker could unlock value for shareholders.
BUENOS AIRES, Aug 29- Argentine farmers expect China to soon approve their one remaining variety of genetically modified corn yet to be certified for import by the commodities-hungry Asian country.
*U.S. still searching for source of biotech wheat in Oregon. WASHINGTON, June 19- An executive with Monsanto Co and two other pioneers in agricultural biotechnology said their selection as winners of the $250,000 World Food Prize on Wednesday should encourage the wider use of genetically engineered crops.
DuPont reported quarterly earnings and revenue that beat analysts' expectations on Tuesday.
Syngenta, the world's largest agrochemicals company, said it was confident ahead of the upcoming planting season and will hike its dividend 19 percent after it posted a full-year net profit that beat expectations.
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Mike Mack, CEO of Syngenta, tells CNBC that the big news of the quarter is the really terrific start in Latin America with sales up 18 percent which confirms the strong demand for Soyabean in that environment.
DES MOINES, Iowa-- It's difficult to argue with the goals of the World Food Prize Foundation _ to recognize people who have helped improve the quality and availability of food to reduce world hunger.
Mike Mack, CEO of Syngenta, the world's largest agrochmicals company, told CNBC, "We had a good first half despite these weather conditions, the big story of course being what is happening right now in the Mid-West. The onset of the drought didn't affect our sales in the first half because it really deepened in the course of June, but my goodness look what it did to commodity prices."
Something happened overseas on Tuesday, a potential game changer that could call every last one of your positions into question. Really.
Volatility in the market made history this week. For the first time ever the Dow moved 400 points every day for 4 consecutive days.
With both global food prices and concerns about food safety on the rise, technology is playing a more important role in the economics of the world’s food supply.
Syngenta on Friday reported 13 percent rise in first-quarter sales which beat analysts' expectations and said it continued to see strong growth in emerging markets.