
-U.S. grains trading group Bunge has chartered 30,000 metric tons of Argentine soybean meal cargo destined for China, 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 meal, rather it processes the beans itself to produce the meal it uses as animal feed.
SOURCE: UK FINANCE
https://uk.finance.yahoo.com/news/bunge-charters-first-argentine-soy-030533917.html