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Commodities Briefing - Categorized | Agriculture, Regulatory more

Argentine president declares farm emergency

Posted on 27 January 2009

From Lcsun-news.com: Argentina’s president declared an agricultural emergency Monday in the nation’s breadbasket provinces, responding to a key demand by powerful farm organizations amid the worst drought in decades.

Cristina Fernandez told political and business leaders in a televised press conference that the decree will exempt thousands of farmers from paying various taxes for one year to help them confront what analysts estimate will be $5 billion in losses this year….. Full Article: Source


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