Seed China News

Report Summary

There is a saying in China that "Agriculture feeds the nation, and seed feeds agriculture". As a country with large seed production and consumption, China shows great vitality and potential in seed market. China's total seed market value reached USD 8.32 billion in 2009, compared with USD 2.42 billion in 2001, with CAGR of 16.69% from 2001 to 2009.

Entering 2010, China's seed industry has maintained fast development with rapid growth of over 10%, and the central government has attached great importance to the seed industry development in the "No.1 Document" for the first time at the beginning of 2010, to promote the merger and acquisition of seed companies and cultivate leading competitive seed companies on the international stage.

Table Of Contents

Longping Hi-Tech and Limagrain to cooperate to set up a JV
Longping Hi-Tech will cooperate with Limagrain to set up a joint venture for the development of corn seed, wheat seed and its other seed business.
Yihai Kerry marches into China's seed industry
Yihai Kerry marched into China's seed industry by acquiring some domestic seed companies' shares or founding joint ventures.
Analysis into Dunhuang Seed
Dunhuang Seed privately issued 17.58 million shares and raised much more funds that it expected, indicating investors'optimistic attitude toward the company. However, some analysts think the company is overvalued.
Grand Agriseeds to get listed
Grand Agriseeds, a company mainly engaged in three-line hybrid seed, is going to be listed on China's Growth Enterprise Market (GEM).
COFCO to strengthen vegetable business
COFCO, a leading fully integrated Agri-food company in China, is reported to found a new department to strengthen its vegetable business.
Guangdong Tianhe cooperates with Syngenta for vegetable seed business
Guangdong Tianhe successfully held a seed sales meeting on 20 Feb. 2011 to first distribute seed products, namely vegetable seeds from Syngenta.
Planting area of sweet corn increases quickly in China
The planting area of sweet corn in China increases quickly in recent years, which is a new opportunity for seed industry.
China accelerates modern seed industry development
"Suggestions for Accelerating Development of Modern Crop Seed Industry'" was approved on 22 Feb. 2011, with the aim to foster some world-class seed companies.
Government further pushes on GM crops
Ministry of Agriculture released a notice recently which requires agriculture departments at all levels universal GM crops knowledge, reflecting government's determination to further push on GM crops in China.
Seed treatment for corn hot in China
The registration of corn seed coating agents becomes very hot in recent years, reflecting the bright prospect of seed coating agents market in China.