Overview
- COFCO International loaded roughly 65,000 metric tons onto the MV Shandong Fu Yi at the Timbúes complex, with completion planned at Puerto Quequén before the voyage to China.
- National and Santa Fe provincial officials attended the send-off, and the Presidency publicly congratulated the operation alongside China’s ambassador Wei Wang.
- Argentina’s Agriculture Secretariat confirmed the shipment, which converts last year’s market access into the first large commercial movement of wheat to China in decades.
- Exporters point to the December 12 reduction of wheat export duties to 7.5% as a factor improving price competitiveness for this sale.
- The move broadens Argentina’s grain market options and puts focus on sustaining regular shipments under China’s strict sanitary and logistical standards.