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China has granted permission for four more Argentine meat plants to export animal products, including meat, bone and fat meal, to China. The approval follows Argentina's diplomatic efforts, and many beef plants are still awaiting approval.
Expanded access for Argentine plants adds export capacity for meat and bone meal into China, which could modestly pressure prices in other supplying origins.
tridge.comVictor LangatSep 27, 2024Not enough comparable past events yet for a historical read.
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.
