China’s Corn Seed Business Becomes More and More Popular

It seems to be a trend that quite a few seed players are getting involved in corn seed industry in succession or further enhancing their existing corn seed business. The corn seed market, as the largest sector in domestic seed industry, has strongly attracted seed players both at home and abroad.

Most leading seed companies in China run corn seed business and many companies have taken corn seed as the core business. Some insiders even believe that those seed companies without corn seed business would be marginalized sooner or later. Unlike Shandong Denghai and Gansu Dunhuang, Longping High-tech is very weak in corn seed business. However, Longping High-tech is making great efforts to open up the corn seed market.

When some listed companies such as WanXiang Doneed and Origin are vigorously enhancing their corn seed business, Winall Hi-tech declares to develop the corn seed business by purchasing a prominent company located in Northeast China. Even Grand Agriseeds, a newly listed company in hybrid rice seed business, claims in its 2011 semiannual report that it has obtained a corn variety called "Keyu 3".

Overseas seed giants are also accelerating the market distribution in China. After the great success of Xianyu 335, Pioneer is expected to promote other corn varieties across China. Other multinational corporations such as Monsanto, Chia Tai Group, KWS are also eyeing domestic key planting areas of corn, with their headed varieties.

What are the detailed stories of the above news? What impact will be brought to the domestic corn seed industry? How will Longping High-tech open the corn seed market?

All the latest information and company dynamics about domestic seed industry, especially corn seed market, are in CCM’s September Issue of Seed China News. For more news, please check below:

-Formal regulations for seed production and operation issued

-China: water-saving agriculture in urgent need

-Longping High-tech weak in corn seed

-Winall Hi-tech enhances corn seed business

-Grand Agriseeds grows on revenue and net profit after listing

-Chongqing Jinsui to be injected new capital

-Origin sets up joint venture in Xinjiang

-Heilongjiang Kenfeng enhances cooperation with KWS

-Beijing Doneed launches corn processing line

-Chinese cabbage genome sequencing completed

For more detailed information about CCM’s September Issue of Seed China News, please feel free to contact us at econtact@cnchemicals.com.

 (Guangzhou China, October 31, 2011)

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