After crunch talks, Argentina decides not to raise grain export taxes

Agriculture Minister Luis Basterra said the president was seeking to strike a deal with the sector to stabilize food prices.

RIO DE JANEIRO, BRAZIL - Argentina's government has decided not to go ahead with proposals to hike taxes on farm exports or limit how much grain can be shipped abroad to curb rising food prices, after warnings from farmers that they would protest the measures.

"We can convey to our producers that there will be no increase in export taxes and no intervention," said Jorge Chemes, president of Confederaciones Rurales Argentinas (CRA), after leaving . . .

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