
Argentina raised export duties on soybean oil and meal from 31% back to 33%, after a temporary two-point reduction ended. The ministry said the measure affects 11 soy by-product exporters, while producers already pay the 33% rate.
Higher export duties on the world's leading soymeal and oil exporter constrain export supply, supporting international meal and oil prices.
After 172 past bullish policy events, Soybean Meal moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% over 20.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% 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.