Cargill Argentina soya crushing plant runs out of beans

US-based agricultural export company Cargill has run out of soyabeans at a key crushing plant in Argentina, prompting it to suspend operations at the site for two months, local industry sources said on Friday. Sixty employees were notified of the closure, the sources said, although final approval for the temporary closure has yet to be ordered from company headquarters in Minneapolis. The company had no immediate comment.
Argentina has had less soya to crush in recent years while its top commodities client China invests more in its own plants used to turn beans into soyameal livestock feed and soyaoil, used for cooking and in the manufacture of biofuels.