Export tax on soybeans is finally revoked in Brazilian state of Goiás


The Association of Corn and Soybean Growers of Goiás, the fourth largest soybean producing state in Brazil, has commemorated the revoke of export tax on soybeans in that state.

The state had previously imposed an exported on 30 percent of the corn and soybeans that leaves that jurisdiction, but it was eliminated last week. “Now we hope that prices return to the values that we had previously to the tax and that companies have freedom to do business in Goiás,” said the president of the association, Bartolomeu Braz.


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