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Argentina suspends exports of soybean meal and soybean oil

Argentina is one of the leading exporters of these commodities.

16 March 2022
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On March 13, the Undersecretariat for Agricultural Markets announced the decision to suspend the Registration of Sworn Declarations of Sale Abroad involving the export of the following tariff positions:

NCM 1507-10-00: Crude soybean oil.

NCM 1507-90-19: Soybean oil, other

NCM 2304-00-10: Soybean meal

NCM 2304-00-90: Other solid residues resulting from the extraction of soybean oil

This means that producers of these raw materials will not be able to export them until further notice. It is important to note that Argentina is one of the main exporters of soybean meal and soybean oil, trading more than 80% of its production.

For more information on commodity production and trade, please visit our "Raw materials statistics" section.

March 14, 2022/ 333 Staff.

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