Argentina Sees Wheat, Corn Crops Setting Records Under New Rules
- Output may easily double in future harvests, Minister says
- Country eliminated taxes and export permits that set quotas
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Argentina is poised to double its wheat and corn crops after recently revised grain export policies, Buenos Aires Province Agriculture Minister Leonardo Sarquis said.
The government published a decree Tuesday in the official gazette ending its export permit policy. President Mauricio Macri had eliminated export taxes on corn and wheat as well as bureaucratic export permits since assuming office on Dec. 10.