Will Argentina steal U.S. corn market share?

14.11.2016

As the world and the U.S. prepare for a supercrop, keeping alive worries about commodities prices, Argentina’s agricultural economy is coming alive.

Because of tax changes, Argentine farmers are taking advantage of export opportunities and enjoying more money in their pockets.

This will be the first crop planted after the government eliminated export taxes on corn (previously with a rate of 20%) and reduced those taxes on soybeans from 35% to 30%.


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