Argentina hikes up price of primary animal feed ingredient
Argentina is one of many countries who’ve moved to protect their domestic market. With suspension of export registrations for meal and oil, due to talk of a pending increase in taxes, global prices of soybean meal have climbed to the highest level in more than seven years. Brazil is the world’s biggest exporter of soybeans, a key ingredient in animal feed, but Argentina is the largest shipper of soybean meal…