Market News 
04.17.09
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04.17.09
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04.15.09
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04.15.09
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04.13.09
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04.13.09
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04.10.09
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04.10.09
USDA Increases Soy Export Forecast
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04.10.09
Global Soybean Prices Expected to Rise
Global soybean prices are likely to rise further later this year, fuelled by Chi...
Biofuels Escape Argentina Export Tax
11.14.07
Argentina has increased the export tax on soybeans, soy-based products, and corn, but not on biofuels, according to analysts.
The government raised the export tax on soy from 27.5% to 35%, and the tax on soy meal and soy oil exports from 24% to 32%. However, the export tax on soy-based biodiesel was left at 5%, with a 2.5% tax credit—an effective export tax rate of 2.5%.
The government also raised the tax on corn exports from 20% to 25%, while corn and sugar-based ethanol exports are taxed at an effective rate of 1%.
Argentina is expecting to quadruple biodiesel production next year, and by the end of the decade will be making 10 times the amount it produced in 2007, according to a report by the U.S. Department of Agriculture.
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