Argentina Maintains Tax Benefits for Wheat and Barley Exports Until March 2026

Argentina has decided to extend tax benefits for wheat and barley exporters for at least until March next year. This was announced by the country’s Minister of Economy, Luis Caputo, during a briefing.

This is reported by AgroReview

Restrictions for Other Crops

The government initiative does not apply to other important crops such as soybeans, corn, sunflowers, sorghum, and their processed products. Luis Caputo clearly emphasized that no additional tax incentives are provided for these items.

Position of Farmers and Exporters

“Farmers and export companies insisted on the continuation of this benefit; however, Caputo noted that it will not extend to soybeans, corn, sunflowers, sorghum, or their derivative products.”

Despite numerous appeals from farmers and exporters to expand tax benefits to other crops, the Argentine government has limited preferences solely to wheat and barley. This approach aims to support the export of these two strategic crops and stabilize the situation in the domestic market.