China approves Ethiopian soybean meal imports to diversify supplies
China has approved imports of soybean meal from Ethiopia as part of efforts to expand protein sources amid the trade war between Beijing and Washington, Reuters reported, citing a statement from Chinese customs.
The country will be allowed to import Ethiopian soybean meal that meets China’s phytosanitary standards and is free of pests from July 3, the statement said.
The approval comes after Chinese feed makers secured their first shipment of soybean meal from Argentina since approving imports in 2019 in an effort to ease potential disruptions from the US-China trade war. In June, China also approved imports of soybean meal from Uruguay, joining a growing list that includes Argentina, Brazil, Russia and Belarus.
China primarily imports soybeans from Brazil and the US for processing into soybean meal domestically, with limited direct imports of soybean meal.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
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