# Argentina trying to sell its soy bumper crop to China — MercoPress

> Argentina's agriculture secretary is leading a farm delegation in China to expand agricultural trade ahead of a expected bumper soybean harvest. Argentina is also pushing to export domestically processed soymeal, which China has so far resisted.

- Date: 2019-04-24 · published 2019-04-24T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/59434-argentina-trying-to-sell-its-soy-bumper-crop-to-china-mercopress
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Any opening of China to Argentine soymeal would shift meal export flows away from US and Brazilian suppliers, but the talks are early and no approval has been granted.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-04-24 | [Argentina touts its soymeal in China, seeking import approval \| The Western Producer](https://feedsoft.ai/events/59436-argentina-touts-its-soymeal-in-china-seeking-import-approval-the-western.md) | -1.7% | -1.9% |
| SBM | 2019-03-20 | [As bumper harvest nears, Argentina's soy farmers stall deals waiting for trade war's end](https://feedsoft.ai/events/59939-as-bumper-harvest-nears-argentina-s-soy-farmers-stall-deals-waiting-for-trade.md) | +0.1% | -1.4% |
| SBM | 2019-09-10 | [Crushing it: Argentine farmers cheer China soymeal deal while U.S. growers fret](https://feedsoft.ai/events/57091-crushing-it-argentine-farmers-cheer-china-soymeal-deal-while-u-s-growers-fret.md) | +2.3% | +3.1% |
| SBM | 2019-01-30 | [What Soybean Politics Tell Us About Argentina and China](https://feedsoft.ai/events/60938-what-soybean-politics-tell-us-about-argentina-and-china.md) | -0.7% | -2.2% |
| SBM | 2019-04-24 | [Argentina seeks soybean sales in China - DatamarNews](https://feedsoft.ai/events/59437-argentina-seeks-soybean-sales-in-china-datamarnews.md) | -1.7% | -1.9% |
| SOY | 2019-04-24 | [Argentina touts its soymeal in China, seeking import approval \| The Western Producer](https://feedsoft.ai/events/59436-argentina-touts-its-soymeal-in-china-seeking-import-approval-the-western.md) | -2.4% | -4.6% |
| SOY | 2019-03-20 | [As bumper harvest nears, Argentina's soy farmers stall deals waiting for trade war's end](https://feedsoft.ai/events/59939-as-bumper-harvest-nears-argentina-s-soy-farmers-stall-deals-waiting-for-trade.md) | -0.4% | -1.8% |
| SOY | 2019-09-10 | [Crushing it: Argentine farmers cheer China soymeal deal while U.S. growers fret](https://feedsoft.ai/events/57091-crushing-it-argentine-farmers-cheer-china-soymeal-deal-while-u-s-growers-fret.md) | +6.5% | +8.3% |

## Sources

- en.mercopress.com: https://en.mercopress.com/2019/04/24/argentina-trying-to-sell-its-soy-bumper-crop-to-china

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.