In Argentina, Buenos Aires Times reported that Argentine Economy Minister Luis Caputo announced a permanent reduction in export duties on a large number of agricultural products, including soybeans, corn, wheat and other crops.
According to Caputo, soybean duties will drop 26% to 24%, soy by-products from 24.5% to 22.5%, wheat and barley from 9.5% to 7.5%, corn and sorghum from 9.5% to 8.5% and sunflower seeds and oil from 5.5% to 4.5%.
“Today we are taking a new step in the path of fiscal relief for the agricultural sector, advancing in the permanent reduction of export duties for grain chains and by-products,” said the minister in a post on X.
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Category: Food & Agriculture
