Cordoba – Association representing agricultural producers Abolition of withholding tax Or at least in his mind The gradual decline continued. The study analyzed what should happen to eliminate them. soy had Zero tax cost. Based on the 2023-2024 campaign. Soybean production should increase by 28%. The harvest is expected to reach 61.7 million tons, which is 300,000 tons more than the record set in 2014-2015.
The data is from the following works: Adrian Gutierrez Cabello Obtained a doctorate from the Center for Regional Economics, Faculty of Economics and Management, National University of San Martin (Unsam). Over the 10-year period, soybean acreage decreased by 16.3% (3.22 million hectares). The area cultivated for corn is 5.07 million hectares..
The report states: Brazil, It is one of the largest soybean producing countries along with the United States, and achieved a 22% increase in production in the 2020-2021 and 2024-2025 campaigns without affecting other crops.
In Argentina during the same period, harvested tonnage increased by 8%, according to estimates from the previous campaign (not including those affected by drought), considering that the 2020-2021 campaign was one of the lowest.
surroundings If an additional 13.5 million tonnes were added to reach the aforementioned amount, it would represent an economic boost of close to 0.82% of GDP.Add Value added creation in the industry can reach 1%. moreover, The export value of by-products will be approximately $6.3 billion.
If this is the case, Gutiérrez Cabello suggests that the utilization rate of the industry’s technological capacity will reach 77.4% (70.4 million tons, according to Rosario Stock Exchange estimates). Additionally, soybean imports, primarily from Paraguay, may be eliminated.
In this regard, the report adds: Additional traffic volume of trucks: 482,000 units It sends units to port areas where almost the entire petroleum and by-products industry is located.
towards activities After sowing and harvesting, a total of 511 million liters will be required, including diesel and transport demands.. “Not only will agricultural activity be stimulated, but it will also be directly and indirectly transferred to other sectors producing goods and services,” says the expert.
Gutiérrez-Cabello acknowledged that domestic consumption of soybeans, excluding grain grinding, is so low that the share of agricultural ingredients in the final food price is “very low,” especially soybeans and their derivatives, “as well as flour and pellets for animal feed, and oil for conversion into biodiesel.”
“The tax rate and long time horizon for soybeans explain why export tariffs respond to fiscal needs rather than mitigating the impact of this raw material price on basic food prices,” he stressed.