China’s Ministry of Agriculture has approved the import of a genetically modified strain of corn from the US that has kept American shipments of the crop from entering the mainland since late last year, The Wall Street Journal reported, citing US Agriculture Secretary Tom Vilsack. The corn strain in question was developed by Swiss agribusiness firm Syngenta AG (SYT.NYSE, SYNN.VTX), which had been selling the corn to US farmers since 2011, though it was still awaiting approval of the product from Beijing. The approval is a turning point in the year-long imbroglio, though it isn’t expected to result in an immediate return to earlier US export levels to China.
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