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Argentina reopens soybean oil, soybean meal exports after raising tariffs

 Last Update: 2022-04-18
 Source: Internet
 Author: User

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BEIJING, March 21 (Reuters) - Argentina's government on Monday allowed exporters to resume export registrations for soybean oil and soybean meal after raising tariffs on soybean meal and soybean oil exports
over the weekend .

Argentina is the world's number one exporter of soybean oil and soybean meal
.
Argentina last week suspended the export registration of soybean oil and soybean meal, and subsequently raised its export tax to 33 percent from 31 percent, effective until the end of the year
.

From 00:00 on March 21, 2022, the export registration of soybean meal and soybean oil can begin, according to an announcement issued by Argentina's Ministry of Agriculture on Sunday evening
.

The Argentine Association of Grain Exporters and Processors (CIARA-CEC) has strongly opposed the government's tax hike, saying it threatens the country's soybean processing industry, saying it is analyzing all legal avenues to oppose the measure
.

Soybean meal and soybean oil export

From 00:00 on March 21, 2022, the export registration of soybean meal and soybean oil can begin, according to an announcement issued by Argentina's Ministry of Agriculture on Sunday evening
.

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