Argentina-Farmers gain political support.
ARGENTINA-Argentina Governors Call For Cuts In Grain Export Taxes
Cordoba and Santa Fe, two big farming provinces in Argentina, are calling on the national government to suspend crop export taxes for three to six months to help farmers in the face of the worst drought in decades. Cordoba Governor Juan Schiaretti is suggesting a three-month suspension in export taxes followed by a five to 10 percentage point cut in the rates, which run as high as 35% on soybeans, according to local media reports Monday.