The rapidly rising price of rice continues to cause concern at
government, industry and consumer level this week, as the
Philippines has sought to buy in supplies, Indonesia has
implemented a ban on overseas sales, and US rice futures...
European restrictions on genetically modified (GM) crops have
driven BASF Plant Science to intensify biotech cooperation
activities in Asia Pacific with an agreement with China's National
Institute of Biological Sciences (NIBS).
China's Ministry of Finance yesterday said it will scrap the
13 per cent tax rebate on grain exports to keep the products within
the country, a move that could put more pressure on other markets
around the world.
China, producer of half the world's fruit and vegetables, is set to
overtake the Netherlands in the next two to three years to become
the world's third biggest fresh produce exporter in value terms,
predicts a new report...
Environmental campaign group Greenpeace is warning that the food
supply in the Philippines could be at risk from illegal GM rice
contamination originating in the US and China, with potentially
damaging costs to manufacturers in extraction.