# Higher Argentine soybean exports says USDA attaché | Farmtario

> The USDA attaché in Buenos Aires forecast Argentine 2024/25 soybean exports at 7 million tonnes, above the USDA's 4.5 million, citing lower export taxes from January 27 to June 30. The attaché also differed on crush, ending stocks and meal estimates, while agreeing on a 49 million tonne harvest.

- Date: 2025-03-14 · published 2025-03-14T12:00:00.000Z
- Category: report · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/13873-higher-argentine-soybean-exports-says-usda-attache-farmtario
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher expected Argentine export volumes add supply to world markets and weigh on soybean and meal prices. The export tax cut encourages farmers to sell more.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-11-09 | [USDA Projects Higher Corn and Soybean Supply](https://feedsoft.ai/events/38641-usda-projects-higher-corn-and-soybean-supply.md) | +0.9% | +1.9% |
| SOY | 2021-09-30 | [USDA Estimate for Soybean Stocks Higher Than Expected \| Red River Farm Network](https://feedsoft.ai/events/45039-usda-estimate-for-soybean-stocks-higher-than-expected-red-river-farm-network.md) | -3.3% | -3.5% |
| SOY | 2017-07-27 | [USDA exports – Soybean sales drop, new-crop corn has big gain](https://feedsoft.ai/events/69825-usda-exports-soybean-sales-drop-new-crop-corn-has-big-gain.md) | -2.3% | -5.4% |
| SOY | 2021-11-24 | [USDA cuts U.S. ag export forecast amid weaker soybean demand](https://feedsoft.ai/events/14976-usda-cuts-u-s-ag-export-forecast-amid-weaker-soybean-demand.md) | -3.5% | +4.4% |
| SOY | 2018-07-12 | [USDA Bumps Corn and Soybean Production, Drops Soybean Exports](https://feedsoft.ai/events/63997-usda-bumps-corn-and-soybean-production-drops-soybean-exports.md) | +1.5% | +7.7% |
| SBM | 2024-10-30 | [U.S. soybean crush sees record high for September \| Farmtario](https://feedsoft.ai/events/27988-u-s-soybean-crush-sees-record-high-for-september-farmtario.md) | -0.8% | -4.8% |
| SBM | 2019-03-18 | [U.S. Soybean Meal Shipments and Exports](https://feedsoft.ai/events/60153-u-s-soybean-meal-shipments-and-exports.md) | +1.4% | -0.9% |
| SBM | 2022-08-12 | [USDA Projects Higher Soybean Yield, Lower Demand](https://feedsoft.ai/events/39955-usda-projects-higher-soybean-yield-lower-demand.md) | -10.9% | -15.4% |

## Sources

- farmtario.com: https://farmtario.com/daily/higher-argentine-soybean-exports-says-usda-attache/

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