# Argentina’s meal market remains slow despite export tax cut

> Argentina cut export tariffs on soybeans, meal, oil, wheat, corn and sunflower from late January 2025. Meal export activity remains slow as farmers sell cautiously and crushers struggle with currency liquidation rules.

- Date: 2025-02-03 · published 2025-02-03T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/13880-argentina-s-meal-market-remains-slow-despite-export-tax-cut
- Commodities: [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

Slow farmer selling and financing problems limit Argentine meal export supply, supporting meal prices despite the lower tax.

## Read by commodity

- SBM: bullish ▲
- SBO: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-09-02 | [Argentina IMF deal could mean reversal of Macri's grain tax cuts](https://feedsoft.ai/events/62868-argentina-imf-deal-could-mean-reversal-of-macri-s-grain-tax-cuts.md) | +4.0% | +2.2% |
| SBM | 2022-03-19 | [Argentina hikes export tax on soy oil, meal to 33% to combat inflation](https://feedsoft.ai/events/14044-argentina-hikes-export-tax-on-soy-oil-meal-to-33-to-combat-inflation.md) | +1.4% | -3.3% |
| SBM | 2021-02-04 | [Argentina does not rule out an increase in grains export taxes - media](https://feedsoft.ai/events/48457-argentina-does-not-rule-out-an-increase-in-grains-export-taxes-media.md) | -2.4% | -3.6% |
| SBM | 2020-12-01 | [Argentina to Tax Grain Exports \| Feed & Grain](https://feedsoft.ai/events/49492-argentina-to-tax-grain-exports-feed-and-grain.md) | -1.7% | +8.6% |
| SBM | 2018-08-15 | [Argentina: tax cuts on soy meal and soy oil exports suspended six months — MercoPress](https://feedsoft.ai/events/63376-argentina-tax-cuts-on-soy-meal-and-soy-oil-exports-suspended-six-months.md) | -3.0% | -5.8% |
| SBO | 2021-02-09 | [Argentine oilseed crushers ease export tax hike fears with deal](https://feedsoft.ai/events/48456-argentine-oilseed-crushers-ease-export-tax-hike-fears-with-deal.md) | +1.1% | +17.4% |
| SBO | 2017-12-13 | [Argentina to levy 8% tax on biodiesel exports](https://feedsoft.ai/events/67560-argentina-to-levy-8-tax-on-biodiesel-exports.md) | -0.4% | -1.2% |
| SBO | 2018-05-28 | [Argentina to raise biodiesel export tax to 15% as of July 1  : The Daily Digest](https://feedsoft.ai/events/65105-argentina-to-raise-biodiesel-export-tax-to-15-as-of-july-1-the-daily-digest.md) | -1.3% | -7.7% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/020325-argentinas-meal-market-remains-slow-despite-export-tax-cut

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