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Are soybean trade tensions easing? China approves DowDuPont GM product

China has approved imports of DowDuPont's genetically modified (GM) soybeans clearing the way for US farmers to expand planting the pesticide resistant Enlist E soybeans. The approval for the soybeans not only poses a challenge to competitor Bayer but also signals that the US and China may be beginning to reconcile trade tensions that have seriously impacted various commodities on both sides for months, including severely damaging the US soybean sector.

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