Posted by Tina
Corn prices fell, capping the biggest weekly drop in 12 years, after Argentina revoked escalating taxes on some grain exports, ending a dispute with farmers that had disrupted shipments. Argentina is the world’s second-largest corn exporter. Futures are down 19 percent from a record in June. (Snip) This week, the price tumbled 11 percent, the most since July 1996.
Cutting (or ending) taxes that punish business helps businesses AND consumers!