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Chicago soybean futures ended slightly higher as Argentina reimposed grain export taxes after reaching its $7 billion sales cap. Argentina's declared soy exports for 2024/25 hit a seven-year high during the brief pause, and Chinese buyers booked about 1.3 million tons of Argentine beans.
The end of the tax holiday removes Argentina's extra export push, which gives modest support to US prices. Continued Chinese shift toward South American supply still limits upside.
farmtario.comReuters, Tom PolansekSep 25, 2025
ukragroconsult.comSep 26, 2025
tradingview.comSep 25, 2025After 182 past bullish policy events, WHEAT moved a median +0.1% over 5 sessions (52% higher; middle half -1.9% to +1.4%), and -0.3% over 20.
After 356 past bullish policy events, SOY moved a median +0.1% over 5 sessions (53% higher; middle half -1.2% to +2.3%), and -0.9% over 20.
After 439 past neutral policy events, CORN moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +1.2%), and +1.1% over 20.
After 206 past neutral policy events, SBM moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% 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.
