date:Jul 09, 2018
xporter of soybeans and the worlds biggest exporter of soymeal and soyoil, thanks in large part to prohibitive export taxes that favour its huge domestic crushing industry.
Unlike Brazil, many of Argentinas newest crushers are near an international port complex Up River, which means logistics of importing US beans and selling Argentinian beans are somewhat easier than in Brazil.
However, domestic prices of beans are around $90/mt cheaper than Brazil international prices due to punitive export