EN 
PT_BR 
Argentina's agricultural sector earned a total of US$1.88 billion through grain exports in March, up 20% compared to the same month a year earlier, the chamber of oilseed and grain crushers and exporters CIARA-CEC said on Tuesday.
The revenue boost came after the government of libertarian Javier Milei cut export taxes in January.
In the first quarter of the year, the country's agro-export sector grossed US$6.135 billion, an increase of US$261,400 compared to the same period last year, according to a report published by CIARA-CEC on its website.
“The entry of March is a result of the reduction of export taxes by Decree 38/25, as well as less fluidity in the grain export market in the last days of March”, said CIARA-CEC, which brings together grain exporting and processing companies.
In January, the government temporarily reduced export taxes on soybeans, soybean oil and meal, corn and wheat until June in an effort to boost grain sales from local farmers.
Argentina is the world's largest exporter of soybean oil and meal and a major producer of wheat and corn.
Compared to the previous month, export revenues fell by 15% in March.
