GM Maize Imports the Early Worries

the first time in 14 years caused large-scale importsfeed more than a certain scale domestic enterprises
of genetically modified corn market, attention,and other industries; another 60% of the
combined with a number of institutions predict thatstate-owned trade quota, allocated mainly to state
large-scale maize imports will increase, once againtrading enterprises , that is, COFCO Limited.
revisit the issue of national food security. A largeTight balance between supply and demand rigid
number of long-term sustainability of maize imports,demand
or flash in the pan, for GM maize policy will change,But can not be ignored is that the Chinese corn
maize import large quantities of soybeans will repeatmarket will bear long-term balance in supply and
mistakes?demand. Feng Lichen, said corn imports this year
National Development and Reform Commission hashave cut production last year, factors, coupled with
come forward to respond to that, China to allowthe first half of the domestic market prices rose
import of 11 types of GM maize, and only allow forslightly, a number of factors superposition, into the
animal feed. While analysts told reporters that theimport business. However, insiders told the reporter
government allowed the import of geneticallythat can be said to be forced to do this import. "In
modified products is still controversial, present thefact, new hope, VI Group, and has been up, please
main consideration is to stabilize the price may be,pay. Corn supply, increase the voice of a higher
prevent inflation.underlying demand." According to the figure, in 2009
Corn imports will gradually expand the scale ofmaize growing areas in Northeast cut sharply because
"Ten years of maize imported very little, this year'sof drought, when the National Grain and Oil
procurement is already the highest since 1995,Information center is expected to cut production 2.9
purchases." A recent long-term corn futures analystmillion tons of domestic maize, in fact,
Chen Li (pseudonym), told reporters that the firstunderestimated the number of cuts. Until May of this
time this year have open access enterprises, "Importyear reflected the market, feed processing
corn industry chain has opened up, and now can doenterprises and enterprises purchasing difficulties
so, may also do. "The analysts expect the futureprices. The actual cuts are expected to reach 15
import of the amount will gradually expand, new hopemillion -1800 tons. "This year all maneuvers barely fill
and VI Ji Tuandeng other enterprises can do to getthe gap."
the import quota was.A feed business have also told reporters that
According to Chinese Customs data, in June 64,500domestic corn in recent months has been in short
tons of corn imported from China, in May 4882.31supply, especially the first two months of purchase
tons of imports. Although the total amount of small,tense, the present price of corn for feed or for your
but the scale of China's imports of corn to open thebusiness.
channel. According to the latest market information,China National Grain and Oil Information Center on this
said China's current total order buyers of U.S. cornyear's forecast is that 2010 corn production was 168
has reached 27, the number of ships, about 1.62million tons, an increase of 2.5% or 4.03 million tons.
million tons. Since July 20, the southern part of China'sCorn acreage is 30.56 million hectares, an increase of
imports of maize into focus by the port in Hong Kong100,000 hectares, an increase of 0.3%.
stage, the Guangdong port after another 30 tons ofFor such numbers, these people said it expected the
corn imports to Hong Kong.figure to 155 million -1.58 million tons, compared to 168
By the end of April, the U.S. Department ofmillion tons a thousand the number of gaps. Feng
Agriculture's export and import data to show thatLichen, said domestic corn for industrial use each year
private Chinese enterprises and exporters of theabout 37 million tons or so, accounting for 25% of
United States signed the United States importedfeed corn to 95 million tons, accounting for about
115,000 tons of corn contract, while China imports60%, the rest being food, seed and so on. Feng
corn from the United States is the last 4 years.Lichen, said corn industry is a rigid demand, industrial
Marubeni Economic Research Institute, Japan andand feed demand is growing.
even predicted that China may 2015, the maizeChen said that in raising the level of domestic per
imports one million tons from this year's expectedcapita consumption, increased consumption of meat
rise to 10 million tons.and eggs, evolved to rely on basic food. On the
GM's dazzling, food security, sensitive, more than tenother hand, corn and other crops in the face after
years of maize imports ripple. Development andyears of increasing production output pressure, the
Reform Commission also said that respond to thesmall size of the gap may be a long time, need to
international community has more than 20 kinds ofimport corn added.
genetically modified corn, genetically modified by ourAnother easily overlooked is the weather. The past
security review, have proved safe and allow importstwo years, the domestic water logging and other
of only 11 species. At present, enterprises importednatural disasters. China's corn planting is mainly
corn is used in the feed on, a predetermineddistributed in about 24 provinces and regions, including
processing enterprises, fully enclosed run. AndNortheast China, Hebei, Shandong, Shanxi, Henan,
because a small amount of imports will not suppressShaanxi, Sichuan, Guizhou, Yunnan, and Guangxi.
the market prices of the main producing areas, it willJournalists throughout the media to disclose
not hurt the interest of farmers.information made under the preliminary statistics, the
Attack on the import of corn may be worried aboutmain producing areas in Liaoning Province, Jilin
the domestic industry, said Feng Lichen, generalProvince in July subject to flooding more obvious,
manager of China's net corn this year, Chineseanalysts expect corn production decreased by 100
enterprises have been approved over the cornmillion tons. 17.4 acres of corn affected area in Anhui,
import quotas are also dissatisfied with 1.5 million tons,is expected to yield loss of 0.26 billion kilograms. In
China's annual demand is 150 million tons of corn,addition, Shanxi, Shandong, Guangxi, Yunnan, Shaanxi,
imports only 1%. Many industry people and FengJiangsu, Inner Mongolia, Sichuan and other provinces
Lichen, like the view that the import of maize voiceand regions affected crops in varying degrees,
was small. Chen said that even if imported 10 millionrelated to corn, vegetables and other crops.
tons, account for only 5% -7% to. "And not theChen said that, fortunately, to increase corn acreage
same as soybean, corn is the basis for food, therethis year, Heilongjiang basically not affected the main
are restrictions on the quota system." In its view,producing areas, coupled with strong number of
sufficient to ensure that the current import quotadisaster-resistant corn, whole, natural disasters,
system will not impact on the domestic corn industry.supply of corn will not produce significant impact, "as
At present, China's annual import tariff quota forlong as the the rainy season not to have accidents or
issuing 7.2 million tons of maize, of which 40% of thecorn yield can be achieved.
non-state-owned trade quota, allocated mainly to