Taxes Despite the fact Argentina’s new government hasn’t made an official declaration, there are rumors flying about the new export taxes that are supposedly to be implemented. The strongest versions of the rumors suggest there will be a 35 percent tax on soybeans (versus 26 percent presently), a 20 percent tax on corn (up from 8 percent currently, and a 15 percent tax on wheat exports (versus 8 right now). With this plan, there will be an estimated $2 billion annually. However, other rumors suggest there will be a 20 percent tax on wheat and a 15 percent tax for corn. Under the latest budget law (2019), the government is limited to increasing export taxes by 30 percent on soybeans and 12 percent for all other prod...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.