Argentina Reduces Wheat Export Tax to 5.5% | New Market Opportunities Emergent
26 Articles
26 Articles
President Javier Milei anticipated Thursday a reduction in the retentions for the industrial sector that includes the automotive, petrochemical and machinery branches “from July 2026 to June 2027”. “We will go down to the automotive, petrochemical and machinery industry. We will go to zero and the schedule will be informed by the Ministry of Economy in these days,” said the president after having announced a reduction in the retentions of wheat …
The entities linked to the field supported the announcement made by Javier Milei on the decrease of retentions for wheat and barley, in addition to the future scheme of gradual reduction for soybeans. From different sectors they agreed that the measure represents a favorable sign for the investment and growth of the agricultural activity. The decision was communicated during the anniversary of the Stock Exchange of Cereals of Buenos Aires, where…
Argentina Reduces Wheat Export Tax to 5.5% | New Market Opportunities Emergent
Argentina has announced a reduction in its wheat export tax, lowering the rate from 7.5% to 5.5%, according to reports from MarketScreener.com. The move comes as part of the government’s efforts to boost agricultural exports and support farmers amid challenging economic conditions. This adjustment is expected to have significant implications for the global wheat market, given Argentina’s role as one of the world’s major grain producers. Argentin…
The problem is no longer the dollar: Milei's Argentina puts its sights on its new challengeThe president of Argentina,Javier Milei, announced this Thursday that it will reduce from next June the export duties for wheat and barley and promised to do so also for the case of soy from 2027. "I want to announce that we will lower the retentions (export duties) of wheat and barley from 7.5 % to 5.5 % from June 2026", said Milei when speaking in an act…
President Javier Milei announced a further reduction of withholdings for the agricultural sector and announced that the government will advance with tax benefits for different industrial sectors, within the framework of a strategy aimed at consolidating the fiscal surplus and deepening the process of economic deregulation. The announcement was made during the event for the 172th anniversary of the Buenos Aires Stock Exchange of Cereals, where th…
President Javier Milei announced today, during the 172nd anniversary of the Buenos Aires Stock Exchange of Cereals, that the government will reduce the withholdings for wheat and barley from 7.5% to 5.5% from June 2026. In addition, he indicated that since January 2027, and according to the collection, the tax burden on soybean will be reduced gradually between a quarter and a half point per month until 2028. Likewise, the president confirmed th…
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