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Argentina mulling grains export tax hike: gov t official | Hellenic Shipping News Worldwide

Argentina mulling grains export tax hike: gov t official | Hellenic Shipping News Worldwide
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Argentina mulling grains export tax hike - gov t official

4/23/2021 BUENOS AIRES, April 23 (Reuters) - Argentina is considering an increase in grains export taxes, an official told local radio on Friday, sparking concern among farm leaders who have long worried that the Peronist government might further intervene in the markets in a bid to control inflation. The South American grains powerhouse is the world s No. 3 corn supplier and top exporter of soymeal livestock feed. It already slaps a 33% tax on international soybean exports; 31% on soymeal and soyoil; and 12% on corn and wheat. An increase in export taxes is being analyzed, Domestic Commerce Secretary Paula Espanol said in a radio interview.

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