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Argentine Farmers Begin Strike

Producers are protesting hike on soy exports

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Argentine farmers began a four-day strike on Monday to protest the government’s hike on export taxes for soybeans and its by-products, though shipments were not impacted in the major global food exporter.

According to a report at Successful Farming, three of the South American country’s four main rural associations announced the strike last week in frustration over the government’s decision to raise soy export taxes to 33% from 30% amidst a deep economic crisis.

The impact of the strike would likely be visible by Tuesday when grains and beef already sold will not arrive at ports, industry experts said.

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