China traders reject some US corn over GMO regulations.

Chinese importers have canceled approximately 210,000 tonnes of U.S. corn shipments, worth about US$40 million, within the last month because end-users haven’t received their permits to process GMO crops. Instead, some traders have looked to purchase corn from the Ukraine, where farmers do not grow GMO crops. Non-GMO corn doesn’t require a processing permit, making the Ukrainian crop more attractive, according to a Chinese corn trader. It is hard for U.S. corn to come in now due to the GMO issue. Getting the GMO processing permit is very difficult, the trader, who canceled a U.S. corn shipment and declined to be identified, told Reuters on Friday. “I had only ordered 7,000 tonnes of U.S., corn, but had to cancel the order and turned to Ukraine.