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Argentina cut export taxes permanently: soybeans to 26% from 33%, soybean by-products to 24.5% from 31%, and corn and sorghum to 9.5% from 12%. Argentina also scheduled its first corn cargo to China for August 15, with 24,718 tonnes.
Brazilian exports to the US were largely exempt from a 40% extra tariff.
Lower Argentine export taxes can accelerate farmer selling and boost Argentine meal and oil exports, adding supply to world markets. The new China corn access is a modest added export outlet.
agribrasilis.comAug 1, 2025After 369 past bearish policy events, Soybeans moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.
After 223 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.
After 351 past bearish policy events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.7% to +1.8%), and -0.2% 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.
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.
