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The city of San Lorenzo, Argentina’s biggest grain hub on the banks of the Parana River, is preparing to send a major cargo to China: the first ever shipment of about 30,000 tonnes of soybean meal from the world’s biggest animal feed exporter. The shipment, reported by Reuters on Monday, has sent waves through the

US grains trading group Bunge has chartered 30,000 metric tons of Argentine soybean meal cargo destined for China, data showed, marking the first such soymeal cargo since Beijing approved Argentine imports in 2019. Argentina is the world's largest exporter of soybean meal. China, meanwhile, is the world's largest importer of soybeans, though does not typically buy soybean

Argentina has completed its 2024/25 soybean harvest with 50.3 million tonnes, up 100,000 tonnes from the previous season, the Buenos Aires Grain Exchange said in its weekly crop report on Thursday. The harvest capped a season marked by drought and a heatwave in the Southern Hemisphere summer, followed by autumn rains that helped restore yields,