Grains merchant Bunge has chartered 30,000 metric tons of Argentine soybean meal cargo destined for China, data seen by Reuters on Monday showed, which would mark the first such soymeal cargo since Beijing approved Argentine imports in 2019.

Booming renewable diesel industry seen as a positive
Soyoil has been weaker than expected, pressuring canola, analyst says
Net short in soybeans, corn also grew
Several firms have dropped Brazil soybean projections on seeding delays, weather
Crops suffered from lack of humidity; now rains are hampering harvest in some areas
CBOT fund traders were liquidating some large net long positions in soybeans