date:May 22, 2013
e trend and spur more wheat sowing, the government is giving tax rebates to farmers to compensate for a 23 percent levy on wheat exports.
Wheat planting area will increase for several reasons: the rebates, good soil moisture and better market conditions, Basso said. Benchmark Chicago wheat prices are up 3.8 percent so far this year.
In March, Argentine officials authorized exports of 5 million tonnes of 2013/14 wheat as part of the drive to increase production. In the past, export quotas were