During a meeting of the National Wheat Board in Leones, Córdoba, sector representatives reiterated the need for a reduction in export taxes, citing their impact on profitability and technology adoption.
At a convening of the National Wheat Board in Leones, Córdoba, agricultural stakeholders gathered to discuss the pressing need for a complete removal of export taxes on wheat. This meeting coincided with a record cereal harvest but highlighted rising logistical costs and weakened external prices, factors that collectively strain producers' margins. The event was part of the National Wheat Festival, underscoring the importance of wheat farming in Argentina.
Participants emphasized that export taxes are a primary hurdle to wheat production, which has been consistent with long-standing demands from the agricultural chain. A consensus document was produced, clearly stating the position of the sector, which argues that moving to 'DEX 0' (zero export taxes) is crucial for advancing discussions on more fundamental issues within the industry. This reflects a broader sentiment among farmers feeling pressured by current economic conditions.
The demand for zero export taxes comes at a time when the agricultural sector is facing significant challenges, including fluctuating market prices and the necessity to invest in modern farming technology. Stakeholders argue that eliminating these taxes would not only enhance profitability for producers but also potentially increase the competitiveness of Argentine wheat on the global stage, indicating a critical junction for agricultural policy in the country.
