# Argentine farmers stall soy sales over murky FX outlook | Reuters

> Argentine farmers are delaying soybean sales amid an unclear foreign exchange outlook. They are also watching soy export tax rates, currently 26% for soybeans and 24.5% for oil and meal, and hope for further cuts after a temporary reduction expires in June. Earlier weather damage in the 2024/25 season has also made producers more cautious.

- Date: 2025-03-28 · published 2025-03-28T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/13869-argentine-farmers-stall-soy-sales-over-murky-fx-outlook-reuters
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Slower farmer selling tightens near-term export availability and supports Argentine soybean and meal prices. Any export tax cut after June could bring sales forward and pressure prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-06-26 | [Argentina soy sales spike ahead of tax deadline; could stall in July](https://feedsoft.ai/events/13851-argentina-soy-sales-spike-ahead-of-tax-deadline-could-stall-in-july.md) | +2.5% | -2.0% |
| SOY | 2023-11-21 | [Argentine election may boost farmer spending, grain prices -biotech firm Bioceres \| Reuters](https://feedsoft.ai/events/13949-argentine-election-may-boost-farmer-spending-grain-prices-biotech-firm-bioceres.md) | -1.5% | -4.0% |
| 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 | 2023-02-28 | [Argentine farmers protest tax, currency policies as drought weighs \| Reuters](https://feedsoft.ai/events/13980-argentine-farmers-protest-tax-currency-policies-as-drought-weighs-reuters.md) | +1.5% | -5.0% |
| SOY | 2020-03-09 | [Argentine farmers begin four day sales strike to protest higher export taxes — MercoPress](https://feedsoft.ai/events/53992-argentine-farmers-begin-four-day-sales-strike-to-protest-higher-export-taxes.md) | -4.1% | -3.3% |
| SBM | 2025-04-14 | [Argentina farmers focus on harvest over sales despite currency boost](https://feedsoft.ai/events/13864-argentina-farmers-focus-on-harvest-over-sales-despite-currency-boost.md) | -1.3% | -2.7% |
| SBM | 2025-06-26 | [Argentina soy sales spike ahead of tax deadline; could stall in July](https://feedsoft.ai/events/13851-argentina-soy-sales-spike-ahead-of-tax-deadline-could-stall-in-july.md) | -1.3% | -1.6% |
| 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

- reuters.com: https://www.reuters.com/markets/commodities/argentine-farmers-stall-soy-sales-over-murky-fx-outlook-2025-03-28/

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