China and Brazil are working on a bilateral trade agreement. During the early negotiations, China is taking steps to accept Brazilian corn. China still needs to approve the biotech corn traits produced in Brazil and its not known how long that process will take. At the same time, China temporarily suspended beef imports from four Brazilian meat packing plants. The reason for the suspension was not announced.
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.