The rich countries of Europe along with some developing nations in Asia and Africa continue to oppose the planting, and in some cases the consumption, of GMOs due to supposed fear that they may ultimately prove to be harmful to human health or the environment. However, that clearly does not seem to be the situation in Cuba. EU Targets Argentine Export Taxes The EU and Mercosur countries are in the process of trading market access offers as a precursor to a possible free trade deal. Among the EU demands is the elimination of Argentina’s export tax on soybeans, currently assessed at 30 percent with 27 percent on soyoil and soymeal. The EU wants the export tax rate on soybeans eliminated because the differential rate creates an incentive for...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Livestock, Farm Inputs, Asia, North America