# Milei shocks agro sector with increase of export duties - Buenos Aires Herald

> President Milei announced that agricultural export duties will rise when the temporary January reduction ends in late June. The cut had lowered soybean duties from 33% to 26%, soybean derivatives from 31% to 24.5%, and grains such as corn, wheat, barley and sorghum from 12% to 9.5%. Exporters asked for the reduction to be made permanent.

- Date: 2025-04-15 · published 2025-04-15T12:00:00.000Z
- Category: policy · region Argentina · magnitude high
- Page: https://feedsoft.ai/events/13866-milei-shocks-agro-sector-with-increase-of-export-duties-buenos-aires-herald
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher duties from July would raise the cost of Argentine exports and could pull forward sales now, tightening near-term supply of soymeal, soy oil and corn while supporting offshore prices.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-06-28 | [Argentina reinstates higher export duties for soybeans and corn - Buenos Aires Herald](https://feedsoft.ai/events/13853-argentina-reinstates-higher-export-duties-for-soybeans-and-corn-buenos-aires.md) | +0.4% | -3.8% |
| SOY | 2026-07-30 | [Farmers slow soy sales, but it’s actually good news for the economy - Buenos Aires Herald](https://feedsoft.ai/events/13786-farmers-slow-soy-sales-but-it-s-actually-good-news-for-the-economy-buenos-aires.md) | -2.2% | +6.5% |
| SOY | 2020-03-06 | [Farmers unions call four-day strike after rise in soy duties \| Buenos Aires Times](https://feedsoft.ai/events/53990-farmers-unions-call-four-day-strike-after-rise-in-soy-duties-buenos-aires-times.md) | -3.8% | -3.4% |
| SOY | 2020-02-29 | [Argentina's grain trade paralyzed by possible export tax increases - DatamarNews](https://feedsoft.ai/events/54443-argentina-s-grain-trade-paralyzed-by-possible-export-tax-increases-datamarnews.md) | -0.0% | -0.2% |
| SOY | 2025-08-14 | [Increased domestic soybean oil demand comes with challenges](https://feedsoft.ai/events/15095-increased-domestic-soybean-oil-demand-comes-with-challenges.md) | -0.8% | -0.8% |
| SBM | 2025-06-28 | [Argentina reinstates higher export duties for soybeans and corn - Buenos Aires Herald](https://feedsoft.ai/events/13853-argentina-reinstates-higher-export-duties-for-soybeans-and-corn-buenos-aires.md) | -1.2% | -1.4% |
| SBM | 2025-05-21 | [Milei stumbles in bid to unchain farmers as soy tax break ends \| Buenos Aires Times](https://feedsoft.ai/events/13858-milei-stumbles-in-bid-to-unchain-farmers-as-soy-tax-break-ends-buenos-aires.md) | +1.2% | -2.6% |
| SBM | 2020-03-06 | [Farmers unions call four-day strike after rise in soy duties \| Buenos Aires Times](https://feedsoft.ai/events/53990-farmers-unions-call-four-day-strike-after-rise-in-soy-duties-buenos-aires-times.md) | -0.6% | +2.9% |

## Sources

- buenosairesherald.com: https://buenosairesherald.com/business/milei-shocks-agro-sector-with-increase-of-export-duties

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