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Bunge has chartered the first cargo of Argentine soybean meal bound for China. Chinese buyers have been shifting soybean purchases to Brazil and away from US exports because of high tariffs.
New Argentine meal supply to China adds competition for meal exporters and reinforces the shift away from US origins, pressuring soymeal prices.
reuters.comMaximilian HeathJul 8, 2025After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
