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The United States still holds the most soybean-processing capacity, followed by China and Brazil (Fig. 22.3). Following the expansion of soybean production out-
That makes transgenic soybeans Argentinaâs main source of foreign currency. And the soybean production chain accounts for 5.5 percent of GDP and 10 percent of tax revenue. âAbove and beyond the questions of taxes or added value, without a doubt soy is the biggest contributor in the chain of oilseed production, in exports and in the surplus of dollars that it brings the economy,â economist Luciano Cohan told IPS.