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Argentina Updates Export Tax Rates for Ag Products

Argentina updated its export tax regime this month for certain agricultural products, according to a U.S. Department of Agriculture Foreign Agricultural Service report released March 9. The changes, announced March 4, increased export tax rates from 30% to 33% for…

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soybeans and soybean products, the USDA said, while wheat, corn and sorghum export rates remained at 12%. Other goods, including corn flour, paddy rice, peanuts and sunflower seeds saw decreases in their export tax rates.