export tax Archives - Page 2 of 3

Deputy Prime Minister Arkady Dvorkovich (l) and Prime Minister Dmitry Medvedev. (Government.ru)

Russia seen extending wheat export tax for 2016-17

By Reuters, GFM Network News April 28, 2016

Moscow | Reuters — Russia is likely to extend its wheat export tax for the 2016-17 marketing year, which starts on July 1, because the levy is at a minimum level under current market conditions, traders and analysts said. The government has also indicated it is unlikely to change the tax ahead of the next […] Read more

(Commercial Port of Vladivostok, vmtp.ru)

Crops, Markets, Reuters

Russia now expected to leave grain tax scheme intact

By GFM Network News January 29, 2016

Moscow | Reuters — Russia, one of the world’s largest wheat exporters, is not expected to change its current regime of taxes on grain exports, sources said on Friday, following proposals to change them. Concerns over the possibility of tougher limits on Russia’s foreign sales of wheat sent global prices to a one-month high earlier […] Read more

Corn, Crops, Markets, Reuters

Argentine corn sowing booms on optimism over new government

By GFM Network News January 9, 2016

Buenos Aires | Reuters — A late-season corn planting flurry in No. 4 world exporter Argentina could push output to the same level as the previous crop year, thanks to the policies of the new government, the director of the local maize industry chamber said Friday. Growers across the Pampas farm belt applauded the November […] Read more

Crops, Markets, Reuters, Soybeans

Argentine soy sales after tax cut disappoint government

By Reuters, GFM Network News January 5, 2016

Buenos Aires | Reuters — Argentina’s centre-right government said Monday it was disappointed by the volume of soy stocks sold by farmers in the three weeks since it reduced the tax on soybean exports. President Mauricio Macri cut the tax on shipments of soybeans, the country’s main cash crop, from 35 per cent to 30 […] Read more

Crops, Markets, Reuters, Spring Wheat, Winter Wheat

Russian ministry proposes reducing wheat export tax

By Reuters, GFM Network News December 21, 2015

Moscow | Reuters — Russia’s agriculture ministry has proposed that the government reduce or cancel its wheat export tax due to rouble volatility and a decline in global wheat benchmarks, the Interfax news agency reported, citing first deputy minister Evgenii Gromyko. The rouble has lost about six per cent against the U.S. dollar since the […] Read more

Port of Quequen, Argentina. (AntaresShipping.com)

Crops, Markets, Reuters, Soybeans

Devalued Argentine peso seen spurring grain exports

By GFM Network News December 18, 2015

Buenos Aires | Reuters — The currency devaluation set to kick off in Argentina on Thursday is expected to pump millions of tonnes of pent-up grains supply into the international market at a time when the world is already seeing record stockpiles. For the first time since 2011, Argentines have full access to U.S. dollars […] Read more

Corn, Crops, Markets, Reuters

Argentina’s Macri ditches wheat, corn, beef export taxes

By GFM Network News December 15, 2015

Buenos Aires | Reuters –– Argentine President Mauricio Macri said he would sign a decree on Monday eliminating corn and wheat export taxes as part of his plan to revitalize the country’s massive farm sector after years of antagonism with the government. The decree will also cut the export tax on soybeans, the country’s main […] Read more

Cereals, Corn, Crops, Reuters

Argentina ag minister says grain export taxes on way out

By Reuters, GFM Network News November 29, 2015

Buenos Aires | Reuters –– Argentina’s incoming government will abolish export taxes on corn and wheat the day after it assumes office and reduce the export tax on soy by five per cent, designated Agriculture Minister Ricardo Buryaile confirmed to the daily Clarin. President-elect Mauricio Macri won the election last Sunday on a platform of […] Read more

(Photo courtesy Water Management Research Unit, ARS/USDA)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy seek direction

By GFM Network News November 26, 2015

CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday, but both commodities remain rangebound overall and looking for an outside spark to push values significantly one way or the other. January soybeans moved above their 20-day moving average on Wednesday, which triggered some additional […] Read more

Crops, Markets, Reuters, Spring Wheat, Winter Wheat

Russian government proposes cutting wheat export tax

By GFM Network News September 24, 2015

Semikarakorsk, Russia | Reuters — The Russian government has proposed cutting its floating wheat export tax from Oct. 1 and to exempt durum wheat from the levy, a senior official said on Thursday. Russian wheat exports have been constrained by the tax, which has prevented exporters from fully benefitting from the weaker rouble and a […] Read more

U.S. livestock: Cattle futures climb higher to end week

Draft ‘MAHA’ commission report avoids pesticide crackdown feared by farm groups

U.S. grains: Corn, soybeans rise on short-covering ahead of weekend, crop tour

GFM Network News