# Soybeans Bounce as Argentina Suspends Export Registrations | Feed & Grain

> U.S. soybean futures rebounded after a sharp drop earlier in the week, as Argentina's Agriculture Ministry suspended agricultural export registrations until further notice. The move was seen as a precursor to higher grain export taxes under the new Peronist government. Corn and wheat were mixed after a coronavirus-driven sell-off on Monday.

- Date: 2020-10-02 · published 2020-10-02T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/12139-soybeans-bounce-as-argentina-suspends-export-registrations-feed-and-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expected Argentine export tax hikes would reduce Argentina's export competition in soy and meal, supporting global soybean and meal prices. Buyers should watch for the formal tax announcement.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-02-26 | [Soybeans bounce as Argentina suspends export registrations \| Financial Post](https://feedsoft.ai/events/54444-soybeans-bounce-as-argentina-suspends-export-registrations-financial-post.md) | +1.6% | +0.9% |
| SOY | 2020-12-01 | [Argentina to Tax Grain Exports \| Feed & Grain](https://feedsoft.ai/events/49492-argentina-to-tax-grain-exports-feed-and-grain.md) | -0.9% | +10.9% |
| SOY | 2022-03-14 | [Argentina halts export registration for soy oil, meal \| Reuters](https://feedsoft.ai/events/5494-argentina-halts-export-registration-for-soy-oil-meal-reuters.md) | -1.3% | -0.1% |
| SOY | 2025-09-25 | [U.S. grains: Soybean futures edge up as Argentina ends export tax waiver \| Farmtario](https://feedsoft.ai/events/13833-u-s-grains-soybean-futures-edge-up-as-argentina-ends-export-tax-waiver-farmtario.md) | +0.4% | +2.6% |
| SOY | 2025-09-22 | [Argentina suspends agro-export taxes to scoop up dollars \| Reuters](https://feedsoft.ai/events/13831-argentina-suspends-agro-export-taxes-to-scoop-up-dollars-reuters.md) | -1.1% | -0.6% |
| SBM | 2020-02-26 | [Soybeans bounce as Argentina suspends export registrations \| Financial Post](https://feedsoft.ai/events/54444-soybeans-bounce-as-argentina-suspends-export-registrations-financial-post.md) | +6.0% | +15.9% |
| SBM | 2020-12-01 | [Argentina to Tax Grain Exports \| Feed & Grain](https://feedsoft.ai/events/49492-argentina-to-tax-grain-exports-feed-and-grain.md) | -1.7% | +8.6% |
| SBM | 2022-03-14 | [Argentina halts export registration for soy oil, meal \| Reuters](https://feedsoft.ai/events/5494-argentina-halts-export-registration-for-soy-oil-meal-reuters.md) | -1.7% | -4.7% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-handling-processing/news/15393601/soybeans-bounce-as-argentina-suspends-export-registrations

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.