The tariff on soybean exports from Argentina since January 1, 2018 is 29.5% from 30% previously. Now the tariff will drop by 0.5% each month. By 2020, the export tax should be 18%.
Mauricio Macri is thus soliciting a campaign promise he made more than two years ago in the presidential election campaign to strengthen his country's agricultural sector.
The export tariff of soybean oil and soybean meal is now no longer 27% but since yesterday 26.5%. In 2020, tariffs should be 15%.
Text: HANSA Derivatives Trading GmbH / Source: Argentine Ministry of Agriculture
