Friday, 20 July 2018 13:11

Japan reopens market to Canadian wheat

519 wheat

Japan has just reopened its market to Canadian wheat after trade was temporarily suspended following the discovery of a handful of genetically modified wheat plants in Alberta. Genetically modified wheat is not allowed to be commercially grown anywhere in the world. As a result of the Canadian discovery, Japan and South Korea temporarily suspended Canadian wheat imports but tests have since confirmed that this was an isolated incident that did not affect the food supply. Both markets have since reopened. Wheat exports to all destinations are up 14.6 percent overall year over year, posting 13.616 million tonnes, compared to 11.881 million tonnes at the end of May in the 2016-17 crop year.  China has tripled its Canadian imports over last year.  

Read 301 times Last modified on Friday, 20 July 2018 13:53
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