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LatinNews Daily - 13 September 2019

In brief: China and Argentina strike deal over soymeal exports

* Argentina’s Foreign Minister Jorge Faurie announced that Argentina has signed a deal with China for the export of soymeal, with 5m tonnes of soymeal expected to be exported to China at the start of 2020. Argentina is the largest exporter in the world of soymeal and soybean oil, and exports of the former are expected to total 26m tonnes for 2019. Argentina’s President Mauricio Macri confirmed the news on Twitter stating: “After 20 years of negotiations we arrive at a deal. China is the largest consumer in the world of vegetable protein for animal feed”.

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