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| David Nealis President of Ceres with soybeans |
Paraguay approves 10 percent soybean export tax!
Last week Paraguay
the world’s 4th largest soybean exporter gave final approval to a 10
percent tax on soybeans which is expected to raise $300 million per year their
government – unless soybean prices go down and demand drops and buyers are able
to go elsewhere for their bean purchases.
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Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition
Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition
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