# Milei’s 48-hour tariff pause spurs record surge in crop exports | Buenos Aires Times

> Argentina's brief 48-hour pause on crop export tariffs drew about US$7 billion in scheduled shipments, with nearly 20 million metric tons of oilseed and grain booked, the most in USDA data since 2011. Tariffs were reinstated within two days, with levies around 25% on soy and about 10% on corn and wheat.

- Date: 2025-10-03 · published 2025-10-03T12:00:00.000Z
- Category: policy · region Argentina · magnitude high
- Page: https://feedsoft.ai/events/13829-milei-s-48-hour-tariff-pause-spurs-record-surge-in-crop-exports-buenos-aires
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The surge front-loads Argentine export supply into a short window, likely pressuring near-term soymeal, soyoil and corn export prices while exporters and farmers deal with the fallout and potential shipment delays.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-12-09 | [Blow for Fernández as crop windfall slips away \| Buenos Aires Times](https://feedsoft.ai/events/55424-blow-for-fernandez-as-crop-windfall-slips-away-buenos-aires-times.md) | -3.5% | -0.6% |
| WHEAT | 2023-04-08 | [Export curbs: 'Merchanting' may aid traders - Times of India](https://feedsoft.ai/events/36373-export-curbs-merchanting-may-aid-traders-times-of-india.md) | -2.5% | -1.8% |
| WHEAT | 2019-06-13 | [Farm exports: Cabinet Secretary-led panel may review curbs - DST - Daily Shipping Times](https://feedsoft.ai/events/58555-farm-exports-cabinet-secretary-led-panel-may-review-curbs-dst-daily-shipping.md) | -5.8% | -8.1% |
| WHEAT | 2020-06-10 | [America’s Recovery Flows Through Our Ports – InsideSources](https://feedsoft.ai/events/52502-america-s-recovery-flows-through-our-ports-insidesources.md) | -1.1% | -5.3% |
| WHEAT | 2026-07-28 | [US, Japan urge India to address export restrictions in farm sector \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/18288-us-japan-urge-india-to-address-export-restrictions-in-farm-sector-economy-and.md) | -1.0% | +2.3% |
| CORN | 2025-07-26 | [Milei announces ‘permanent’ reduction in agricultural export duties - Buenos Aires Herald](https://feedsoft.ai/events/13848-milei-announces-permanent-reduction-in-agricultural-export-duties-buenos-aires.md) | +0.5% | +0.7% |
| CORN | 2022-08-12 | [Argentina asked crop exporters to bring US$1 billion next week \| Buenos Aires Times](https://feedsoft.ai/events/14015-argentina-asked-crop-exporters-to-bring-us-1-billion-next-week-buenos-aires.md) | -0.7% | -1.6% |
| CORN | 2019-03-13 | [Macri hails agricultural 'miracle' at Agroexpo as record harvest looms \| Buenos Aires Times](https://feedsoft.ai/events/59940-macri-hails-agricultural-miracle-at-agroexpo-as-record-harvest-looms-buenos.md) | +4.3% | -1.0% |

## Sources

- news.bloomberglaw.com: https://news.bloomberglaw.com/international-trade/mileis-48-hour-tariff-pause-spurs-record-surge-in-crop-exports
- batimes.com.ar: https://www.batimes.com.ar/news/economy/mileis-48-hour-tariff-pause-spurs-record-surge-in-crop-exports.phtml

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