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The President of Argentina announced a reduction in export tariffs on corn, soybeans, and processed products, sunflower, sorghum, poultry, and beef. The Argentine government will reduce export tariffs on soybeans, corn, beef, poultry, and sunflower by 1.75 to 7 percentage points. "Starting today, export tariffs on poultry and beef will be reduced from 6.75% to 5%, on corn from 12% to 9.5%, on sorghum from 12% to 9.5%, on sunflower from 7.5% to 5.5%, on soybeans from 33% to 26%, and on soybean processing products from 31% to 24.5%," said President Javier Milei. Soybean futures on the Chicago Mercantile Exchange closed lower on Friday, with the most active contract also ending the week lower amid trade uncertainty and questions about export demand, market analysts report. Soybean futures also faced pressure from expectations of large production prospects in the U.S. as favorable weather persisted in the agricultural belt of the Midwest. New-crop soybean futures on the Chicago ...

Lyudmil Rabotov - on the harvest and the market of cereal grains - at the current prices of wheat we are at a loss even with 500 kilograms of grain per decare.

In anticipation of a bumper harvest of oilseeds this year, the Russian government has temporarily lifted floating export duties on sunflower oil and meal until August 31, 2025. The decision is aimed at boosting exports and supporting sunflower producers and processors ahead of the autumn field work. The government has said that the lifting of