
ACSOJA's president, speaking at its 2026 seminar, said gradual export duty cuts were not enough and urged faster reform. He noted the soy chain provided 24.2% of Argentina's 2025 exports at US$21.44 billion and that 2026/27 soybean output could top 51 million tonnes.
Argentine export taxes shape how much soybean meal and oil reaches world markets, and a larger 2026/27 crop would add supply, which is mildly bearish for meal prices if the duties are cut.
After 224 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% over 20.
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.