Let’s Talk About Soybeans and the Argentine Election

After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% over 20.

• Oct 23, 2026Risks to peso as Argentine elections loom-3.9%
• Nov 21, 2023Argentine Election Gives Soymeal Traders a New Factor to Weigh-1.9%
• Nov 29, 2019Argentina’s currency controls: Tough lessons and tough decisions | Business and Economy | Al Jazeera+1.9%
• Oct 19, 2022In Argentina, controls spawn soybean and 'Netflix' currency rates | Reuters+3.0%
• Sep 8, 2023Argentina: Soybean exporters will have access to dollars for industrial production-0.2%

After 196 past neutral policy events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.6% to +2.0%), and -0.5% over 20.

• Oct 19, 2022In Argentina, controls spawn soybean and 'Netflix' currency rates | Reuters+3.8%
• Sep 8, 2023Argentina: Soybean exporters will have access to dollars for industrial production-1.9%
• Aug 11, 2025eFeedLink - Tax changes in Argentina could boost Brazilian soybean exports+0.3%
• Feb 3, 2025Argentina’s meal market remains slow despite export tax cut-0.9%
• Jul 9, 2025Corn vs Soy: Argentina’s Farmers Weigh Taxes, Margins in Planting Plans-1.3%

After 554 past neutral policy events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.4% to +1.6%), and +0.6% over 20.

• Nov 21, 2023Argentine Election Gives Soymeal Traders a New Factor to Weigh-1.5%
• Oct 19, 2022In Argentina, controls spawn soybean and 'Netflix' currency rates | Reuters+0.7%
• Aug 11, 2025eFeedLink - Tax changes in Argentina could boost Brazilian soybean exports+5.7%
• Aug 15, 2018Argentina: tax cuts on soy meal and soy oil exports suspended six months — MercoPress+1.2%
• Jan 13, 2020Argentine farmers increased forward selling of soybeans to avoid higher export taxes — MercoPress-0.6%