(800) 406-5269

wcreswick@gmail.com

  • My Account
  • Login / Register
  • My Account
    • My Account
    • Login / Register

Feedservices Co.

  • Home
  • Pricing
  • About US
  • Contact

Why markets in USA on fire

  • Home
  • Exports
  • Why markets in USA on fire

16

Dec

Why markets in USA on fire
Administrator
Exports, Pricing, Speculation, Updates
0 Comment

Argentina’s New Government Hikes Export Taxes on Ag Products: As anticipated, Argentina’s new government has hiked export levies on soy, wheat and corn, according to an official decree on Saturday, hitting farmers in the grains exporting nation to raise revenue needed to avoid default on a mountain of looming sovereign debt. President Alberto Fernandez, who took office on Tuesday, boosted the rate for soybeans, soyoil and soymeal to 30% from about 25% and lifted the levy on corn and wheat to 12% from around 7%. The decree also raised beef export taxes to 9% from 7%. Argentina’s farmers, already hit by high financing costs, inflation and a dry spell, had widely expected their profits to take a hit from some sort of tax hike, with the government facing restructuring talks on about $100 billion in debt. (Source: Reuters)

Share

Search

Calendar

December 2019
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Nov   Jan »

Contact Information

Clovis Main Office

Email
Wes Creswick


Address
11567 East Bullard Ave
Clovis, CA 93619

Office
(800) 406-5269
(559) 323-0795
Fax
(559) 323-3769

Feed Market & Dairy News

California Grain and Feed Association

Feed & Grain Breaking News

Dairy Business

Agri-View Dairy News

US Drought Monitor

New Map Each Thursday

Like Us On Facebook

Facebook Pagelike Widget
Feedservices Co.

Archives

Clovis Main Office
Wes Creswick

11567 East Bullard Avenue
Clovis, CA 93619
Office - (800) 406-5269 or (559) 323-0795
Fax - (559 ) 323-3769

Like Us On Facebook

Facebook Pagelike Widget
Copyright ©2017
All Rights Reserved. Feedservices CO.

Designed by YTG Consulting
WP2Social Auto Publish Powered By : XYZScripts.com