Overview
- The Sociedad Rural Argentina welcomed the government's farm export outlook of nearly US$42 billion and urged a firm timetable to eliminate export duties.
- Economy Minister Luis Caputo credited the stronger forecast to recent cuts to export taxes and lower import tariffs on inputs and equipment, saying investment has jumped.
- The farm group warned that input costs are surging, with urea up more than 50%, and said higher fuel costs are squeezing logistics and producer margins.
- Export duties remain in place despite earlier cuts, with soybean grain taxed at about 24% and corn near 8.5% since December.
- SRA president Nicolás Pino said record costs and tax pressure are draining producers and argued that ending the duties would unlock investment and shift more revenue to income tax and VAT.