Agricultural analyst Gustavo López estimated that the reduction of between 1 and 2 points in agricultural withholdings will result in a moderate cost for the public sector, around 600 million dollars if the pending shipments of grains and by-products from the 2024/25 campaign (which are about to be exhausted) are added to those of the new 2025/26 harvest. López, who leads the prestigious consultancy Agritrend, made these calculations taking into account the "permanent" reductions in DEX (Export Duties) rates that the Minister of Economy, Luis Caputo, anticipated this morning on the exportable remainders of both campaigns. According to this scheme, which will need to be formalized by a decree in the Official Bulletin, the withholdings on soybean beans should fall from 26% to 24%, those on soybean by-products from 24.5% to 22.5%; those on wheat and barley from 9.5% to 7.5%, those on corn and sorghum from 9.5% to 8.5%, and those on sunflower from 5.5% to 4.5%. It remains to be seen ...
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