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Peru's Ministry of Agrarian Development and Irrigation (MIDAGRI) approved guidelines letting farmers and agrarian firms that produce and sell VAT-exempt farm goods request a refund of the IGV sales tax. The refund is provided under Article 15 of Law 32434, the Chlimper 2.0 law, and the exemptions remain in force until December 31, 2028.
The refund lowers the cost of machinery and fertilizer for Peruvian producers, which could support output over time. The effect on world feed grain and meal prices is marginal.
infobae.comEsteban Salazar HerradaNov 12, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
