Soybean meal is used in food and animal feeds, principally as a protein supplement, but also as a source of metabolizable energy.
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Argentina's current top soymeal buyers include the European Union, Vietnam and Indonesia.
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Prices for both soybeans and soymeal in China have also risen sharply.
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China imports only small amounts of soymeal currently, none of it from Argentina.
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Argentina is the world's top exporter of soymeal livestock feed and the No.
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Imported soybeans are crushed to produce soymeal to feed livestock.
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Brazil is the top soybean exporter while Argentina ships the most soyoil and soymeal.
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New Delhi supplies soymeal in small parcels for clients in Tehran who need quick deliveries.
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Rising supplies of cheaper soymeal from Latin America to Southeast Asia are threatening India's position.
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Last month Chinese officials inspected Argentine soymeal factories in the run-up to signing the pact.
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Domestic prices of soymeal have more than doubled in the last three months as supplies tighten.
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Disruption of grains shipments from Argentina, the world's top supplier of soymeal livestock feed and No.
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The companies already face lower export volumes of corn and soymeal due to larger global supplies.
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A Cargill soymeal broker in the Indiana truck market said she was not buying any meal.
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Argentina is the world's third-largest exporter of soybeans and the top supplier of soyoil and soymeal.
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Iran was the top buyer of Indian soymeal followed by Thailand in June, according to SEA data.
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Prices for corn and soymeal, chicken's primary diet, fell to multi-year lows in recent weeks, before rebounding.
