Sunday, May 31, 2020

China turns to Argentine soy meal in fresh blow to US farmers

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China is opening the door to soybean meal shipments from Argentina, the world’s biggest exporter of the animal feed, as Beijing looks to pivot away from US agricultural products amid a trade war with Washington.The Asian giant is finally allowing soy meal imports from the South American nation after two decades of talks, Argentina’s Agriculture Ministry said in an emailed statement Tuesday.Beijing has been loathe to accept Argentine meal because it prefers to import raw soybeans and process…

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