Argentina’s temporary tax suspension sparks fire sale of grain exports

Argentina has announced a temporary suspension of taxes on grain exports. Ag economist Jim McCormick with AgMarket.Net tells Brownfield, “Right now, beans they have about a 26% export tax on beans coming out. That has dropped to 0%. Corn went from 9.5% to 0% and wheat went from 9.5% to 0%.” He says it’s essentially […]

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