Argentina lands first soymeal shipment to China, but wider access uncertain

China, locked in a trade war with major soybean supplier the US, is looking to diversify its supply options, but that could change quickly depending on trade talks. China also has huge crushing capacity and strongly favors processing soybeans itself rather than buying finished meal.

"I don't see it becoming an important market this year," said D'Angelo, who added that in recent years China had imported a total of only 50,000 tons of soymeal. For comparison, China imports over 100 million tons of uncrushed soybeans per year.