While consumption by India and Bangladesh remains steady, major soybean crushing companies are calling for the opening of new markets and a place in the domestic market. Follow the Soybean Special on Infocampo.
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"I believe it is important to hook up with Brazil, they have a 15% cut and it is increasing by 1% per year. We should go towards a similar trend. We need a law that promotes biofuel in an important way," said a Cofco executive at the latest Acsoja Seminar. It was last Tuesday, in a harmonious - and at times celebratory - atmosphere at the Rosario Stock Exchange, hours after the first big news of the week on withholdings, following the announcement of the total elimination of export taxes on grains. But 72 hours later, everything changed and several large companies are now being pointed out by producers and unions. But beyond that, the Seminar also served to debate on fundamental aspects for the soybean chain, and the opening of markets was one of the items. Another was the demands from the European Union regarding deforestation. All these topics are very important for the growth of the soybean chain, the main contributor of dollars to the country, and that is why they are analyzed ...
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