Argentine soy subsidy costs U.S. growers
Story Date: 7/12/2010

 

Source:  SOUTHEAST FARM PRESS, 7/9/10

A study recently completed and released by the United Soybean Board (USB) and soybean checkoff shows Argentina’s regime of taxing its whole soybeans for export at a higher rate than it taxes its soybean meal, oil and biodiesel destined for foreign markets costs the U.S. soybean industry up to $500 million annually.

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