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Montevideo, January 27th 2023 - 15:18 UTC

Tag: soybean exporter

  • Saturday, May 18th 2019 - 09:48 UTC

    Argentine oil and soybean industries exempt from latest taxes on imports

    Those industries will be exempt from an import tax that the government has raised a week ago to 2.5% in order to boost the tax revenue, minister Dujovne confirmed

    Argentina will exempt an import tax on goods that are used in the production of exports, such as soybeans and machinery to develop unconventional hydrocarbons in the Vaca Muerta shale play, Treasury Minister Nicolas Dujovne said in a radio interview on Friday.

  • Thursday, August 23rd 2018 - 08:45 UTC

    Brazil forecasted to expand soybean acreage to a new record

    Over the past 12 years the soy area grew on average about 5% annually, with the fastest rate or growth taking place in the 2012/2013 crop year at 10.7%

    Brazilian farmers were forecast to expand the country’s soybean planted area for the 12th consecutive year amid strong demand from Asia and in spite of risks related to the exchange rate and higher freight costs. Brazil is likely to expand the area to a record 36.28 million hectares this season, which farmers will start planting around September, a 3.2% expansion from the previous cycle based on government data.