U.S. trade competitor proposes tax impacting grain

Argentina is proposing a new tax on companies that they say are generating ‘extrodinary income’ because of the conflict in Ukraine.

Ag economist Ben Brown with the University of Missouri says the tax would heavily impact the country’s crop farmers. He tells Brownfield the move could benefit U.S. growers.

“This really plays into not having the grain to the export terminals to be able to export,” he said. “And so, that could open some additional windows for U.S.

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