U.S. wastes $2.9 billion growing GMOs banned in China - NaturalNews.com
U.S. wastes $2.9 billion growing GMOs banned in China - NaturalNews.com:
(NaturalNews) A new report from the National Grain and Feed Association reveals that over a million tons of genetically modified corn coming from the US has been blocked at Chinese imports since late 2013.
The US agriculture industry has since then taken a $2.9 billion hit, as the GMO corn shipments are turned down. According to the report, US corn exports to China are down 85 percent since January, when compared to figures obtained in early 2013.
The GMO corn, manufactured from Syngenta AG, is named Agrisure Viptera corn. It has been waiting for approval in Beijing for the past four years. With only industry-ran safety studies to go by, Chinese regulators continue to mull the decision to approve it.
