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  • Why is Argentine shutting down soybean oil and soybean meal exports?
  • The government of Argentine Sunday decided to shut down all registrations for new soybean oil and soybean meal exports “until further notice,” it was announced. Authorities are also said to be planning a 2% rise to export taxes of industrial by-products, to level it up with the 33% charged to soybeans.
  • How much is the tax on soy oil in Argentina?
  • Argentina's soy oil and meal exports are currently taxed at 31%. The country's 2021/22 soy crop is estimated at between 40 million-42 million tonnes, though was hit hard by drought at the start of the year.
  • Will Argentina increase export taxes on corn and soybean oil?
  • Argentina, the world's leading supplier of soybean oil and flour, raised export duties on these products from 31 to 33%, but will not increase taxes on foreign sales of wheat, soybeans, corn and corn oil, announced Saturday the Ministry of Agriculture.
  • How many tonnes of soybeans have been sold in Argentina since September?
  • BUENOS AIRES, Sept 30 (Reuters) - Argentine farmers have sold 13.9 million tonnes of soybeans since the launch of a preferential "soy dollar" exchange rate at the start of September, a measure which expires today, the Rosario grains exchange said on Friday.
  • How much soybean production in Argentina in 2024/2025?
  • Post forecasts Argentina soybean production at 51 million metric tons (MMT) in marketing year (MY) 2024/2025 as production returns to assuming good weather in the year ahead and increased soy planting at the expense of wheat and corn, particularly in late or second crop soy.
  • Where does Argentina export soybean oil?
  • Exports In 2020, Argentina exported $3.9B in Soybean Oil, making it the 1st largest exporter of Soybean Oil in the world. At the same year, Soybean Oil was the 3rd most exported product in Argentina. The main destination of Soybean Oil exports from Argentina are: india ($2.04B), China ($296M), Bangladesh ($292M), Peru ($260M), and Egypt ($224M).